Load up the LNG camels
Like a thirsty camel that was given permission by its master to take a drink of water, Canada’s National Energy Board (NEB) granted KM LNG (Apache 40%, EOG 30%, Encana 30%) its long-awaited 20-year...
View ArticleJust as consumers are embracing natural gas, producers are moving away
“In spite of the demands that have been made on the reserves in this country during the last 50 years and the consequent depletion of the supply in many localities – in Pennsylvania, Ohio, and Indiana...
View ArticleWhere’s the bottom?
Natural gas prices refuse to find a low point in their career, drifting ever downward despite the promise of cold weather pushing demand within the near future. Expectations of continued weakness in...
View ArticleLNG export volumes in perspective
Another week, another JV announcement between a Canadian gas producer and an Asian partner. Last Tuesday, Nexen and Japan’s Inpex cut a deal to develop BC gas reserves and, like others before them,...
View ArticlePrice outlooks increasingly chilly for natural gas
Barclays Capital added its voice Thursday to the growing list of investment brokerages revising their natural gas price forecast for 2012, offering no love to producers in the near term. Barclays...
View ArticleOil prices: A tale of two tails
Natural gas prices are in a deep sleep, like an old dog lazing in the quiet of spring, best left undisturbed for now. The ruckus we hear is coming from oil barrels, the barks of a rising market and two...
View ArticleNatural gas futures dim on storage injection
A higher than expected injection into U.S. storage pulled down the price of natural gas futures by much as six per cent from Thursday’s open on the New York Mercantile Exchange. The U.S. Energy...
View ArticleVarcoe: Industry fixated on falling costs and rising oil and gas prices
Like kids in a classroom staring at the clock moments before the lunch bell rings, Canada’s energy industry is watching two things very closely these days: operating costs and commodity prices....
View ArticleVarcoe: Gas City throws in towel on 2,000 money-losing natural gas wells
How precarious is the state of Alberta's natural gas industry these days? Read More
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