Gas Exploration Hotspots
Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.
Shale gas has already been dubbed a ‘game changer’ for US energy markets - these three hotspots may prove to be just as fruitful.
Legislation set to be tabled in the US Congress this week should provide a boost to the natural gas industry if it passes as expected.
The increasing investment in harder-to-reach oil is often sited as a sign of oil companies' belief in the end of easy oil. Additionally, while it is widely held that increased prices catalyze an increase in production, a growing number of oil insiders are now coming to believe that production is unlikely to increase widely beyond current ranges.
Oil and energy companies said that there will be an overage of gas supplies until 2014. There was a decrease in demand for gas due to the financial and economic crisis in 2008 so gas prices have collapsed. Jean-Jacques Mosconi, head of strategy for Total SA (TOTF.PA) is quoted saying: “Gas faces a bubble — especially in [...]
The oil spill liability could extend well beyond British Petroleum as Transocean Ltd., Halliburton Co. and Cameron International Corp. all had some exposure to this series of current events.
JX Holdings Inc (5020.T), Japanese oil and mining giant, confirms its interest in 500-billion yen ($5,37-billion) worth of exploration and development of copper mines and oil fields in the next three fiscal years. The article is quoted saying: JX Holdings, through Nippon Oil and Nippon Mining, has stakes in several mines and oil and gas [...]
Russian President Dmitry Medvedev has confirmed Russia’s great interest in the oil and gas projects in Syria. Russian Deputy Foreign Minister Alexander Sultanov told the official Syrian Arab News Agency, “A main trend in the economic cooperation is currently reflected in the oil and gas projects, including transportation of energy resources, electric power, water and [...]
Artek Exploration Ltd. (TSX VENTURE:RTK) of Calgary, Alberta filed its Annual Information Form, which includes Artek's reserve data and other oil and gas information for the year ended December 31, 2009 as mandated by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators.
Canada’s energy players don’t quite seem to get it. At least, not yet. There is much hand-wringing going on about the depressed state of natural gas prices but nothing is being done. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
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