• Natural Gas Daily
  • North America
Supply & Demand

Liquids shield US producers from low gas prices – EIA

A grim outlook for United States natural gas prices has failed to deter robust production growth, as revenues from liquids drilling helps offset low returns on dry gas.

8 December 2011
Exploration & Production

Nexen may struggle to capitalise on British Columbia bounty

The distance of plentiful shale reserves from consumer markets, and an uncertain future for North American gas prices may impede their development

7 December 2011
Companies & Finance

Shell: pace of GTL adoption depends on technology

Shell’s executive vice president of downstream technologies has said that gas to liquids (GTL) refining could compete with LNG in the United States, especially if conversion technology is improved.

6 December 2011
Supply & Demand

Drilling to fall despite higher upstream spending

Low natural gas prices will continue to skew firms’ North American upstream budgets towards oil and liquids, but companies with cash to spend and a view to the long-term are maintaining footholds in

6 December 2011
Companies & Finance

Halfway there: BP sanguine over future asset sales

BP’s sale of its Canadian natural-gas-liquids (NGL) business for $1.67 billion to Plains All American Pipeline has pushed the UK giant past the halfway mark in its asset sale programme to cover costs stemming from last year's Gulf of Mexico oil spill.

2 December 2011
Supply & Demand

Execs see little hope of US gas price recovery

Executives at United States exploration and production firms made grim forecasts for North American natural gas prices at the Jefferies 2011 Global Energy Conference on Wednesday.

1 December 2011
Companies & Finance

KNOC’s deal for US independent combines profits and prospects

Korean Samsung C&T and state-owned Korea National Oil Corp.'s (KNOC) joint purchase of US independent Parallel Petroleum follows a trend of international firms securing US oil and gas assets, but marks a departure from a focus on undeveloped properties.

1 December 2011
Supply & Demand

Canada’s energy regulator offers mixed scenarios on future supply/demand

Canada’s energy regulator, National Energy Board (NEB) published its biennial energy demand projections this month, reassuring Canadians they will have enough energy supplies to meet demand until 2035 based on its “most likely” or Reference Case Projections.

30 November 2011
Exploration & Production

Logistics and prices pose obstacles to Bakken gas gathering

Rapid infrastructure buildup in the Bakken shale will help to reduce the play’s high levels of associated gas flaring, but logistical hurdles and a sharp disparity between gas and oil prices will continue to hinder midstream operators’ efforts to match capacity to demand.

30 November 2011
Companies & Finance

Nexen sells Canadian shale gas stake for $700 mln

Canada’s Nexen Petroleum on Tuesday agreed to sell a 40% stake in its shale gas assets in British Columbia, Canada to Japan’s Inpex and JGC Corporation for C$700 million ($680 million).

29 November 2011
Companies & Finance

KKR-led group acquires privately-owned Samson

In one of this year’s largest mergers and acquisitions deals a group of investors led by private equity company Kohlberg Kravis Roberts & Co agreed this week to buy privately owned Samson Investment Company for $7.2 billion.

25 November 2011
Exploration & Production

North Dakota gas production doubles

North Dakota’s gas production has more than doubled since 2005, with the rising volume of associated gas due to the increase oil production, which averaged 13.74 MMcm/d in September 2011, compared to the 2005 average of about 4.53 MMcm/d.

25 November 2011
Pipelines, Storage & Power

Mexico’s President outlines natural gas pipeline plans

Mexican President Felipe Calderón detailed his government’s initiative Strategy for Structural Change in the Natural Gas Market in Mexico this week, to improve the country’s natural gas pipeline infrastructure, which includes the construction of 4,500 km of new pipelines in the next five years, reported Pipelines International.

25 November 2011
Companies & Finance

Kodiak closes $650 million private offering

United States developer Kodiak Oil & Gas Corp has closed a private offering of $650 million in senior notes due 2019 in a private placement.

25 November 2011
Exploration & Production

Security versus environment: the US case for shale

While national security has been “one of the drivers” in the rapid development of shale gas in the United States, it might not be as important an issue in Europe, Peter Kiernan lead energy analyst at the Economist Intelligence Unit, said at a Grayling Breakfast briefing on Thursday in London.

24 November 2011
LNG

Cheniere Energy secures second LNG supply contract

Cheniere Energy has secured a second LNG supply deal with Spain’s Gas Natural Fenosa, moving the company closer to financing its Sabine Pass liquefaction plant to support its plan to export LNG by 2015 or 2016.

22 November 2011
Policy & Regulation

US states promote use of natural gas vehicles

With natural gas in abundant supply due to access to United States unconventional gas resources, like shale gas; the push to encourage Americans to buy vehicles powered by natural gas (NGVs) is on the increase.

21 November 2011
Pipelines, Storage & Power

Mild weather sees US gas inventories reach record high

United States natural gas inventories reached record highs for the third consecutive year with total inventories for the week ending 11 November 6.2% above the five-year average, at 3.85 trillion cubic feet (109 billion cubic metres).

18 November 2011
Companies & Finance

Alinda closes $275 mln debt package for HFOTCO acquisition

Alinda Capital Partners has closed a $275 million debt package to finance its acquisition of the Houston Fuel Oil Terminal Company (HFOTCO) in Texas.

18 November 2011
Policy & Regulation

Natural gas top priority for US Bureau of Energy Resources

Carlos Pascual, the US State Department’s special envoy and co-ordinator for international energy affairs, supports the importance of the role of natural gas in the global energy market.

17 November 2011

Viewing 2,321-2,340 of 2,445 articles