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.
American Petro-Hunter was founded on January 24, 1994. The Company’s primary focus is developing oil and gas exploration projects in the United States. Their principal project is a new interest in North Oklahoma, historically a region in the United States known for prolific oil production.
With all of the attention to the petrochemicals industry currently, a recent survey conducted by Resources Investing News has highlighted both oil and natural gas sectors as areas of high interest for investors.
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 — [...]
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
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
Chesapeake Energy Corp. declared a quarterly profit on Monday compared with year-ago loss as a $597 million gain from hedging boosted results in a period when natural gas prices fell more than 60 percent. For full story, click here
U.S. natural gas inventories surged 71 billion cubic feet in the week ended July 24, the Energy Information Administration reported Thursday. Analysts at IHS Global Insight had expected a buildup of 72 billion cubic feet. For full story, click here
U.S. natural gas inventories surged 66 billion cubic feet in the week ended July 17, the Energy Information Administration reported Thursday. For full story, click here
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