Undergoing

New England, California Lead Modest Advance; Futures Squeak Higher

Cash natural gas prices rose 3 cents overall Monday, with gains paced by strong Northeast points undergoing pipeline outages, and higher points in California. Other major market centers were mixed. Futures prices waffled throughout the day, but managed a positive finish, with June ending up 1.5 cents to $3.925 and July adding 1.1 cents to $3.971. June crude oil fell 87 cents to $95.17/bbl.

May 14, 2013

Time is Ripe for Mexico to Emerge, Open to Competition, Economist Says

With a new president taking the reins of power for a six-year term and the rest of North America undergoing an energy transformation, the time is right for Mexico to use its deep energy resources to become a fully developed nation over the next two decades, a Mexico City economic consultant and former federal official told a Manhattan Institute forum on Monday.

December 5, 2012

Two Colorado Oil Shale Research Projects Assessed

Two research projects to assess the oil shale potential of the Piceance Basin in northwestern Colorado are undergoing preliminary assessment by the Bureau of Land Management (BLM) in Colorado.

May 23, 2012

Regency’s Capacity From Haynesville Poised to Double

Construction of Regency Energy Partners LP’s Haynesville Expansion Project is complete and the 121-mile line is undergoing testing and commissioning, Regency said last week. The project will transport gas from the Haynesville Shale, one of the fastest growing U.S. gas fields.

January 18, 2010

Regency Intrastate Capacity From Haynesville Poised to Double

Construction of Regency Energy Partners LP’s Haynesville Expansion Project is complete and the 121-mile line is undergoing testing and commissioning, Regency said Tuesday. The project will transport gas from the Haynesville Shale, one of the fastest growing U.S. gas fields.

January 13, 2010

Gas, Coal Downplayed in Xcel Future, CEO Says

With its multi-state utility operations centered in geographical areas undergoing big pushes for renewable energy and conservation programs, Minnesota-based Xcel Energy will be deemphasizing the use of natural gas and coal to fuel its power fleet, according to CEO Dick Kelly, who spoke last Tuesday at the Merrill Lynch Power and Gas Leaders Conference in New York City. As a result, Xcel also will be adding to its $2.4 billion high-voltage electric transmission system.

September 30, 2008

Canadian 88 to Become Esprit Exploration Following Board Approval

Canadian 88 Energy Corp., which has been undergoing a series of changes as it refocuses its interests in Alberta, said Friday that its board of directors has voted to rename the Calgary-based independent to Esprit Exploration Ltd. If approved as expected, the new name would be implemented “shortly thereafter,” said the company.

April 7, 2003

Analyst Disputes Production Drop

If the assessment of a top industry analyst is correct, the structure of natural gas demand is undergoing a significant change which is likely to lead to increased weather-derived price volatility. Current price levels beg the question of how such elevated prices can be sustained given full storage supplies.

October 22, 2002

Gas Project Development in BC Halted Over Land Dispute

On-again, off-again wrangling with natives over land claims and resource development has erupted yet again in an area undergoing a boom in gas exploration in northeastern British Columbia, setting back one gas project but not noticeably slowing down the overall pace of producer expansion.

August 20, 2001