Warned

Chevron Corp. warned investors last week in an interim report that fourth quarter earnings would be “significantly” lower sequentially than in the third quarter, a signal that even Big Oil may not be immune to lower domestic natural gas prices, an analyst said.

Chevron Corp. warned investors late Wednesday in an interim report that fourth quarter earnings will be “significantly” lower sequentially than in the third quarter, a signal that even Big Oil may not be immune to lower domestic natural gas prices, an analyst said.

El Paso warned of possibly needing to declare a Strained Operating Condition, citing high linepack due to actual delivery takes being below scheduled quantities and receipts from supply basins in excess of scheduled volumes. The Washington Ranch storage facility is making maximum injections, El Paso said. It encouraged delivery point operators to take gas according to their scheduled quantities and receipt point operators to reduce and/or maintain deliveries into the system at their scheduled rates. Additionally, imbalance paybacks to the system will not be accepted as long as the high-linepack condition remains.

The leader of the political party that currently represents the opposition in New Brunswick is calling on the government to form a bipartisan committee on shale gas development and hydraulic fracturing (fracking) in the emerging Frederick Brook Shale.

El Paso warned shippers of a potential Strained Operating Condition (SOC) being declared due to high linepack caused by actual takes below scheduled deliveries and supply basin receipts in excess of scheduled volumes. The Washington Range storage facility is in maximum injection mode, El Paso said, and it has contacted two points about their actual takes versus scheduled volumes and the possibility of them being subjected to a location-specific SOC.

Fitch Ratings warned Thursday that several domestic interstate natural gas pipelines could face rating downgrades if they lose their competitive advantage or face recontracting pressures as they try to adjust to shifting forces of supply and demand.

Fitch Ratings warned Thursday that several domestic interstate natural gas pipelines could face rating downgrades if they lose their competitive advantage or face recontracting pressures as they try to adjust to shifting forces of supply and demand.

Hess Corp.’s chief executive last week warned of an impending energy crisis and urged policymakers to formulate a comprehensive energy policy that would put the United States on solid footing.

Hess Corp.’s chief executive on Tuesday warned of an impending energy crisis and urged policymakers to formulate a comprehensive energy policy that would put the United States on solid footing.