Integrys Energy Group Inc. declared that it will sell its Canadian natural-gas and electric-power contract portfolio to Royal Dutch Shell PLC. For full story, click here
Continue reading "Integrys Energy has sold Canadian Gas Contract Portfolio to Shell"
Friday, June 19, 2009
Canadian Superior Energy Inc. which shed its majority stake in a promising offshore Caribbean natural gas field, is re-entering the play through a $77.8-million acquisition of Challenger Energy Corp. For full story, click here
Continue reading "Canadian Superior Energy will merge with Challenger Energy"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it has had a [...]
Continue reading "South Parse:Warning signs"
Tuesday, October 7, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the financial crisis [...]
Continue reading "South Parse: CNG is what I see"
Thursday, September 25, 2008
By Duncan Sutherland- Exclusive to Gas Investing News Company news The headline this week is obviously Shell (NYSE:RDS.A) and the Iraqi government putting ink to paper on a US$4 billion joint venture deal that will see the company collect flareoff from oil production in Southern Iraq’s Al-Basra province. In even better news, Shell opened a new office in [...]
Continue reading "South Parse: Interesting times"
Thursday, August 14, 2008
Reports about massive natural gas discovery in Trinidad’s east coast boosted the share price of Calgary-based Canadian Superior Energy. Mike Coolen, president and chief operating officer for Canadian Superior, said: The company is pleased but not entirely surprised to find a fast-flowing well. The neighbouring Dolphin Deep, half owned by BG International Ltd., has two wells which produce [...]
Continue reading "Canadian Superior surges on natural gas discovery"
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Friday, July 17, 2009