Canadian Natural Gas Potential Gaining Recognition
Canada’s natural gas sector is on the rise; however, for it to achieve its full potential an advancement of its gas transportation structure is needed.
Articles Tagged "canada"
Shell Looking to Cash in on PetroChina’s Quest for Shale Gas
Tie-ups with PetroChina may have Shell in pole position to reap the benefits of China’s potential shale bonanza.
More Takeovers on the Horizon after Sinopec Deal for Daylight say Analysts
Following a $2.2 billion deal that will see Sinopec acquire Daylight Energy, analysts believe Chinese firms may be poised for a shopping spree in Canada’s natural gas sector.
China Continuing to Obtain Gas Resources
The recent deal represents the biggest investment to date by a Chinese company in the North American energy sector, appearing to balance demand to develop gas fields at a time when low commodity prices are not providing companies with enough cash flow efficiently. The agreement could underscore greater exposure for resource companies to eventually export shipments to offshore markets.
LNG Spurred on Ailing Market
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
Apache will fuel Asia’s Gas Demand
Houston-based Apache Corp. has agreed to provide natural gas for export to Asia through a proposed project in Canada, the latest sign that huge gas discoveries in North America are reshaping international energy markets. For full story, click here
EnCana hedged 35% of natural gas production
EnCana Corp, Canada’s biggest energy company, established fixed price hedges on about 35 percent of its expected natural gas output as part of its extended risk management program for 2010. For full story, click here
CNQ declared plans to cut gas drilling 50% over price
Canada’s second-leading natural-gas producer plans to drill 50% fewer gas wells this year than it did last year because of sagging prices. For full story, click here
Open Range Energy reported fourth quartile profits
Canadian oil and natural gas exploration and production company Open Range Energy announced a net income of C$1.07 million for the fourth quarter ended December 31, 2008 when compared to a net loss of C$344,678 for the same period of 2007. For full story, click here
Rock Energy announced year-end results for 2008
Rock, a Canada based crude oil and natural gas exploration, development and production company announced its financial and operating results for the three month and twelve month periods ending December 31, 2008. For full story, click here
