Canada: N.S. offshore energy suffers setback
Nova Scotia’s sluggish offshore energy sector has suffered another setback as several major energy companies have opted out of plans to spend up to $275-million on exploration.
Natural Gas
Competing for Energy Resources – Part 1
If China’s economy moved forward to a level that was approximately on par with Mexico’s current economy, the world demand for oil would double.
Like bringing coal to Newcastle
Occasionally, a sea change occurs in global markets that alters the dynamics of a particular business forever. A growing body of evidence suggests that North America’s supply-dominated natural gas business is about to go through just such a process.
US: Natural gas prices set to skyrocket in the fall
The bargain-basement wholesale prices of the 1990s are gone, and probably for good.
UK: Fears of gas shortage in harsh winter
Britain risks running short of gas over the next two winters if the weather were particularly harsh or there were an emergency such as a terrorist attack on an import terminal, according to a House of Lords inquiry.
Syncrude to tame natural gas costs in production
After reining in construction costs, Syncrude Canada vowed Monday to take control of another runaway expense — natural gas.
Americans guzzling the gas
With new gas so hard to find and so costly, companies that want to show growth are prospecting on Wall Street.
Asia-Pacific: Get set for an LNG explosion in the region
New demand for LNG in the Asia-Pacific region.
US: Anti-LNG ad to hit airwaves
FALL RIVER — After weeks of using signs, handouts and word of mouth to voice its opposition to the plan to bring a liquefied natural gas facility to the city, the Coalition for the Responsible Siting of LNG Facilities will soon begin spreading its message through television commercials.
El Paso Woes Show Capital Intensity Of US E&P Business
El Paso Corp., the largest U.S. natural gas pipeline operator and still one of the largest producers, recently disclosed a sharp decline in its quarterly natural gas production.
California: Large energy buyers find market dry
Shaken energy managers throughout Silicon Valley are finding cheap, long-term electricity deals a thing of the past as they go about trying to replace expiring energy contracts.
Demand for unconventional oil and gas on the increase
Demand for unconventional oil is expected to reach 10.31 million bbl in 2008, up from 8.59 million barrels in 2003 at an average annual growth rate (AAGR) of 3.7%, said Business Communications Co. Inc., Norwalk, Conn.
