Touts

Republican Sens. Saxby Chambliss of Georgia and Richard Burr of North Carolina have introduced a climate change bill that touts the use of natural gas and nuclear energy to reduce carbon dioxide emissions.

With gas prices moving up to highs near $10/MMBtu in the Northeast last week in response to the first real blast of winter weather, Philadelphia-based PECO Energy announced several significant improvements in its distribution infrastructure and some adjustments in its supply and gas transportation portfolio this winter. Eric Helt, manager of gas acquisition and planning, said the adjustments are designed to help it guard against price volatility.

With gas prices moving up in $1 increments in the Northeast on Monday in response to the first real blast of winter weather, Philadelphia-based PECO Energy announced several significant improvements in its distribution infrastructure and some adjustments in its supply and gas transportation portfolio this winter. Eric Helt, manager of gas acquisition and planning, said the adjustments are designed to help it guard against price volatility.

With gas prices moving up in $1 increments in the Northeast on Monday in response to the first real blast of winter weather, Philadelphia-based PECO Energy announced several significant improvements in its distribution infrastructure and some adjustments in its supply and gas transportation portfolio this winter. Eric Helt, manager of gas acquisition and planning, said the adjustments are designed to help it guard against price volatility.

Shell Canada said last week that it made a major natural gas discovery in Central Alberta. An exploration test well flowed at a restricted rate of about 30 MMcf/d, and Shell Canada estimates there is about 500-800 Bcf of gas reserves in place in the previously untested Leduc reef feature about 19 miles southwest of Rocky Mountain House in Alberta.

Shell Canada said Wednesday that it made a major natural gas discovery in Central Alberta. An exploration test well flowed at a restricted rate of about 30 MMcf/d, and Shell Canada estimates there is about 500-800 Bcf of gas reserves in place in the previously untested Leduc reef feature about 19 miles southwest of Rocky Mountain House in Alberta.

Shell Canada said Wednesday that it made a major natural gas discovery in Central Alberta. An exploration test well flowed at a restricted rate of about 30 MMcf/d, and Shell Canada estimates there is about 500-800 Bcf of gas reserves in place in the previously untested Leduc reef feature about 19 miles southwest of Rocky Mountain House in Alberta.

A proposed liquefied natural gas (LNG) project that will be sited in Nova Scotia and is sponsored by Access Northeast Energy Inc. is garnering favorable support from communities located in proximity to the project, a top official with the Nova Scotia energy ministry said on Thursday.

Falcon Natural Gas Corp. (FNGC) shares gained a penny Thursday to end the day at $1.25 after a geological consulting firm concluded that its gas prospect in South Texas “will most likely be the next giant field discovered in the United States.” However, the company has not even done any exploration on field and provided few details to back up that statement.