Two catalysts just ratcheted up investor interest in west coast LNG—Liquefied Natural Gas.
One was the re-election of the centre-right Liberal party in British Columbia in May. The second catalyst came in mid-June, when Malaysia’s Petronas announced it wants to spend $16 billion—as fast as government approvals will allow—to ship...
Front-month natural gas futures for the U.S. fell to their lowest point in 11 months on September 22, then climbed slightly after the release of a report which showed that inventories increased slightly-less-than-expected.
The Set-Up: In February 2014 I wrote a story on how the US arm of brokerage Raymond James saw a lot of negatives for Canadian natural gas. Longer term that could be true but in this article OGIB guest writer Shaun Polczer—who was formerly an energy writer at the Calgary...
Pennsylvania Governor Tom Corbett intends to both stimulate the state’s economy and preserve the state's environment, he announced in implementing several suggestions advocated by the Marcellus Shale Advisory Commission.
In the wake of second quarter results, Raymond James issued three recommendations for those watching oil stocks: pressure pumping services are an attractive play, drillers are being undervalued and rental companies should perform well.
Chinese energy companies have spent billions joint-venturing North American energy assets in the last two years. But the money pipeline could reverse under a new Chinese law—North American companies are now being allowed to develop shale gas in China—where natural gas prices are a LOT higher than here.
China recently...
By Bill Powers
Natural gas production in Texas in Q1 2015 declined 1.5 billion cubic feet per day (bcf/d), results from the Texas Railroad Commission (RRC) show. That’s a 5.5% decline on the 22 bcf/d Texas produces—a full one third of all natural gas production in the USA.
Conservatively, I expect...
Here's where the attention is shifting now
The Montney gas formation – already the lowest cost gas producing region (that I can see) in Canada just got bigger and better, thanks to a boomer well by Celtic Explorations (CLT-TSX) last week.
Celtic said its well tested 10.2 mmcf/d, (million...
