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Dean Could Reach Category 5; Gulf, U.S. Likely to be Mostly Spared

Oil and natural gas producers and drilling contractors were processing good and bad news as they continued evacuations and production shut-ins over the weekend ahead of Hurricane Dean’s arrival in the Gulf of Mexico (GOM). While the Category 4 hurricane was threatening to strengthen to Category 5 strength (155 mph-plus winds), a Bermuda high-pressure system was working to keep Dean on a mostly western track into Mexico, likely sparing most U.S. Gulf infrastructure and the Texas coast from direct hits.

August 21, 2007

Success Draws Potential Suitor to Sempra Trading Unit

While it has been reported that the Royal Bank of Scotland (RBS) wants to get a piece of Sempra Energy’s successful energy trading business, RBS might want to consider what the San Diego-based holding company has said previously: partnership is a possibility, but a sale is not.

June 20, 2007

Canadian Government Says ‘No’ to Owning Mackenzie Pipe

It’s official and in writing. The Canadian government does not want to own a northern pipeline — and especially not one with a serious enough risk of losing money to make private investors hesitate.

May 28, 2007

Canadian Government Says ‘No’ to Owning Mackenzie Pipe

It’s official and in writing. The Canadian government does not want to own a northern pipeline — and especially not one with a serious enough risk of losing money to make private investors hesitate.

May 23, 2007

Consultants Spar Over Alaska Gas Pipeline

Consultants who support Alaska Gov. Frank Murkowski’s draft fiscal contract with a trio of producers that want to develop a pipeline to tap North Slope natural gas reserves held a press briefing Friday following a week when the deal came in for heavy criticism by consultants hired by the state legislature.

June 19, 2006

Murkowski Links His ’20-20′ Tax With Gas Pipe Contract

Alaska and a trio of oil companies that want to develop the state’s North Slope natural gas reserves have agreed on the “fiscal certainty” portion of a controversial draft contract for a $20 billion natural gas pipeline. Lawmakers, who have been reviewing the draft pipeline contract, now have a version that includes fiscal terms.

June 1, 2006

Murkowski Pushes Combined ’20-20′ Tax, Pipeline Contract

Alaska and a trio of oil companies that want to develop the state’s North Slope natural gas reserves have agreed on the “fiscal certainty” portion of a controversial draft contract for a $20 billion natural gas pipeline. Lawmakers, who have been reviewing the draft pipeline contract, now have a version that includes fiscal terms.

May 29, 2006

Revenue Meter Runs as AK Lawmakers Ponder Tax

A pipeline to move gas from the North Slope to Lower 48 markets is “key to Alaska’s future” and “an issue all Alaskans want resolved,” Gov. Frank Murkowski told a joint session of the state’s legislature Wednesday.

May 11, 2006

Energy Equity Markets Will Feel Summer Dog Days, Too

Plenty of gas in storage and warmer temperatures on the way will make for happier days for natural gas consumers. Investors in the industry, however, might want to buckle their seatbelts and prepare for some unpleasantness as the market transitions through a light injection season on its way to another winter.

April 3, 2006

Energy Investors Will Feel Summer Commodity Prices, Too

Plenty of gas in storage and warmer temperatures on the way will make for happier days for natural gas consumers. Investors in the industry, however, might want to buckle their seatbelts and prepare for some unpleasantness as the market transitions through a light injection season on its way to another winter.

March 31, 2006
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