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Talk about your flat markets (please). Many points saw absolutely no change from the previous day on Thursday or were only 2-3 cents either higher or lower. Wednesday’s futures decline of 2 cents apparently had little impact on cash numbers, as did cool to moderately warm condition in most areas.

Talk about your flat markets (please). Many points saw absolutely no change from the previous day on Thursday or were only 2-3 cents either higher or lower. Wednesday’s futures decline of 2 cents apparently had little impact on cash numbers, as did cool to moderately warm condition in most areas.

There’s a downside to being a top energy marketer — everyone wants to hire your employees. BP plc CEO Tony Hayward said last week the company has lost its fair share of energy traders to investment banks in recent months, but the company will not overpay to retain talent.

There’s a downside to being a top energy marketer — everyone wants to hire your employees. BP plc CEO Tony Hayward said Tuesday the company has lost its fair share of energy traders to investment banks in recent months, but he said the company will not overpay to retain talent.

What do you do when you’ve laid nearly all the gas pipeline you can but you still need to grow your company? Check out the power business, says Hal Kvisle, CEO of TransCanada Corp.

This isn’t your old natural gas supply chain. That was the message inherent in the plans by a main Northeast U.S. buying consortium to switch its point of purchase from Alberta to the Dawn, ON, hub when its 15-year contracts run out this fall. And, by the way, there won’t be any more 15-year contracts either.

It’s not everyday that someone suggests adding Peruvian LNG to your gas supply portfolio, but that’s what Dallas-based Hunt Oil may soon be recommending to some West Coast buyers. By 2009, the company and its partners, Spain’s Repsol and Korea’s SK Corp., hope to be bringing 4.4 million metric tons of LNG per year to the U.S. and Mexican west coasts from a liquefaction plant in Pampa Melchorita, Peru.

Just when you thought it was safe to close the books on the 2005 hurricane season and turn your attention towards the winter heating season, Tropical Storm Wilma, the record-tying twenty-first storm of the season has formed southeast of Grand Cayman. With Wilma’s path still very uncertain, the natural gas futures market spooked higher in Nymex’s Sunday Access session and then retained those gains through Monday’s regular session, ultimately settling at $13.887, 66.8 cents higher than last Friday’s close.

Increasing liquefied natural gas (LNG) imports are “not really your biggest risk” over the next few years, an energy analyst told Rocky Mountain producers last Tuesday, rather it is the $5-6/Mcf price environment that could further erode demand in the industrial and power generation sectors.