Suncor Energy Inc, Canada's largest energy company, has just announced that it has agreed to a transaction with Direct Energy to sell natural gas assets for about $358.5 million. The deal comes as part of Suncor’s strategic business alignment and ongoing plans to divest of a number of non-core assets totaling $2.8 billion.
Continue reading "Alberta Gas Fields on Sale"
Thursday, July 22, 2010
The latest developments underscore a general theme from the subcontinent as it has been looking at other areas to acquire oil and gas assets overseas to meet its growing energy demand. As Asia’s third-largest oil consumer, India has been aggressively scouting for overseas gas and oil assets to meet its supply deficit and is competing with China for fields from Africa to Venezuela.
Continue reading "India Looking to Secure Gas Supplies"
Tuesday, June 29, 2010
Moving away from more traditional supply and demand side fundamentals, gas prices and the costs of production may increasingly be leveraged by oversight, share holder accountability, and seasonal meteorology.
Tuesday, June 15, 2010
Encana, Canada's largest natural gas producer is seeking project partnerships that could facilitate the development of unconventional gas fields, with expectations to double its production of natural gas over the next five years.
Continue reading "Natural Gas Producer Looking for Joint Venture Partnerships"
Tuesday, July 7, 2009
The U.S. Energy Information Administration declared that there will be lower domestic natural gas output and consumption in 2009, as poor economic conditions continue to pressure drilling and overall demand. For full story, click here
Continue reading "EIA forecasted lower 2009 U.S Natgas Output"
Wednesday, April 15, 2009
The U.S. Energy Information Administration declared that it has expected domestic natural gas production in 2009 to decline from 2008 levels, the first annual output drop since 2005. For full story, click here
Continue reading "EIA is expecting 2009 US natgas output to slip 0.3 percent"
For upcoming gas investing trade shows, see the following links: World Junior Oil and Gas Congress
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GasInvestingNews.com maintains a focus on Gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Thursday, August 12, 2010