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Boom in US Production Drives Down Natural Gas Prices
Natural gas prices have fallen dramatically this year much like crude prices, but shrinking demand is only one culprit. The other is a gas glut from a boom in U.S. production.
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Abler Minded: $10 a gallon gasoline
In Sunday’s Brainerd Dispatch, in an Open Forum letter, the secretary of the Crow Wing County DFL wrote about the lack of a coherent, national energy policy – a situation that I, too, find unsatisfactory.
In the letter, the author stated, “We need to hear what to do when gas hits $10 a gallon.”
The assumption being [...]
Utah Oil Promising Alternative Oilfield Source
Years of rising energy demands have significantly depleted traditional and easily-acquired energy resources, even as large deposits of unconventional resources have remained undeveloped due to the high expense and complicated technology involved in extracting them. But with the price of crude oil and gasoline up and supply shrinking, nontraditional resources are being seriously considered as [...]
Dejour and Partners Commence Piceance Basin Drilling
Dejour Enterprises Ltd. Robert L. Hodgkinson, Chairman&CEO announces the commencement of drilling on the first of 2 well locations on the North Barcus Creek Prospect by Dejour and its partners, on or about July 18, 2007. This deep basin centered natural gas prospect is located in the north-central part of the Piceance Basin of [...]
Governor prepares pipeline proposal
NATURAL GAS: She’s heading in a new direction and, says one lawmaker, “she’s not being coy.”
Gov. Sarah Palin is a few weeks away from a handing lawmakers a plan for a 3,600-mile natural gas pipeline from the North Slope to the Midwestern markets.
Until then, the Republican is laying groundwork for a process she pledges to [...]
Canadian Stocks Rise as Energy Shares Rally on Oil’s Rebound
Canadian stocks rose today, sending the Standard & Poor’s/TSX Composite Index to its second weekly gain, as energy companies were supported by a rebound in oil prices from a 19-month low.
The market was also lifted by a report showing consumer confidence in the U.S. exceeded economists’ forecasts, raising expectations Canada’s largest trading partner may avoid [...]
Sherritt’s plans for $1.5B coal strip mine raise questions
Residents of East Central Alberta are about to see their landscape drastically change in the next five years.
On Monday, Sherritt announced the final Terms of Reference and made available their Public Disclosure Document for the Dodds – Round Hill Coal Gasification project.
This Project will be located approximately 80 kilometres southeast of Edmonton just south of [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
