Mining Weekly reported that Shell has advised that the Australian government needs to modify their policy environment if they are to remain competitive in the global liquefied natural gas (LNG) market.
The Financial Post reported that the National Energy Board is warning Canadians that they will likely have to pay more for gas and heating this coming winter, due to dwindling stockpile supply in the face of rising demand.
Bloomberg reported that natural gas may be on track to hit a high for 2012, due to dwindling supply and rising demand.
Piedmont Natural Gas (NYSE:PNY) announced its equity investment in Constitution Pipeline Company, LLC, which is a natural gas pipeline project that will transport gas from northern Pennsylvania to major northeastern markets.
Bloomberg reported that the International Energy Agency says natural gas will become the most-used fuel in the world by 2030.
The Financial Post reported that a recent study has outlined the tremendous potential resources for oil and gas in Alberta's shale prospects.
Bloomberg reported that, while natural gas producers spent millions backing the Romney campaign, an Obama win may end of being beneficial, because many of his proposals and environmental regulations could boost demand.
Reuters reported that there is the possiblity that costs could rise for energy companies in the wake of Obama's re-election, with the expectation that tougher new environmental regulations will be introduced.
Canadian Business reported that Iraq has signed a deal with a Pakastani company to seek out natural gas in the eastern part of the country.
CNBC reported that former General Electric Chairman Jack Welch says that natural gas holds tremendous economic potential for the U.S., and that current regulations are prohibiting growth and expansion.
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