A research report from Goldman Sachs was touted Monday as further support for why the U.S. State Department should reject the proposed northern portion of the TransCanada Corp. multi-billion-dollar 1,700-mile Keystone XL oil pipeline stretching from Alberta Canada to the Gulf of Mexico (GOM).
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BP Waves Goodbye to ‘Beyond Petroleum’ with Wind Sale
BP plc is putting its once touted U.S. wind energy business on the market to refocus on growing its oil and natural gas operations, the operator said last week.
Canada’s Emerging Gas Basins Hold Key to Growth
Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).
Canada’s Emerging Natural Gas Basins Seen Lifting Output
Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).
NatGas Making Inroads in Michigan
Two weeks after Michigan’s governor touted natural gas as a fuel for economic revival, hometown utility Consumers Energy said it is building a 700 MW gas-fired power plant in Genesee County, whose county seat is Flint, birthplace of General Motors. On the natural gas distribution side of its business, the company is laying pipe to serve new customers who’ve gotten word of cheap gas.
NatGas ‘Most Economical’ for New Michigan Power Plant
Two weeks after Michigan’s governor touted natural gas as a fuel for economic revival, hometown utility Consumers Energy said it is building a 700 MW gas-fired power plant in Genesee County, whose county seat is Flint, birthplace of General Motors. On the natural gas distribution side of its business, the company is laying pipe to serve new customers who’ve gotten word of cheap gas.

Escondido Resources: Eagle Ford Well Highest Gas Producer to Date
Midland, TX-based Escondido Resources II LLC touted Wednesday what it said is the highest-producing natural gas well to date in the Eagle Ford Shale of South Texas: its Spohn Ranch 1H well in the Hawkville Field in Webb County.
New Fuel Economy Standards May Lift NGV Sales
Natural gas groups last week touted the Obama administration’s new standards that would require automakers to increase the average fuel efficiency of new cars and light-duty trucks to 54.5 miles per gallon (mpg) by 2025, nearly double that of cars currently on the road.

Oil Is Prey for New Hawk of a Different Name
The senior executives of Halcon Resources Corp. have a fatter checkbook than when they started Eagle Ford Shale pioneer Petrohawk Energy Corp. not so very long ago. Having sold that successful natural gas-focused venture, with Halcon they are targeting unconventional oil plays with a similar strategy and expecting similar success.
Industry CEOs Urge Strong Shale Gas Promotion, Leadership
The public debate over shale gas came to a head in Philadelphia last week, as industry executives touted their achievements, government officials praised and criticized those developments, and protestors shouted from the street outside the two-day Shale Gas Insight 2011 conference hosted by the Marcellus Shale Coalition (MSC).