News

Canada’s natural gas producers take a beating

Posted by admin in Industry News on February 8th, 2012

Paramount, Progress, Celtic all getting hammered

Progress Energy to shut in natural gas production

Posted by admin in Industry News on February 8th, 2012

* Cuts 2012 capital budget by C$100 mln * Shuts in 10 percent of natural gas production * First Canadian gas producer to announce shut-ins * Says reserves grew by 28 pct last year * Shares fall 0.8 pct …

Nat'l Fuel Executives Discuss Adding Service in Wales

Posted by admin in Industry News on February 8th, 2012

The Wales Town Board hosted two executives from the National Fuel Gas Supply Corporation at its regular monthly workshop last week, informing residents interested in obtaining natural gas from the utility company that they can do so with little effort, but at a cost. The issue has arisen in recent months as town residents opposed to the construction of compressor station on Reiter Road sought to …

Nat'l Fuel Executives Discuss Adding Service in Wales

Posted by admin in Industry News on February 8th, 2012

The Wales Town Board hosted two executives from the National Fuel Gas Supply Corporation at its regular monthly workshop last week, informing residents interested in obtaining natural gas from the utility company that they can do so with little effort, but at a cost. The issue has arisen in recent months as town residents opposed to the construction of compressor station on Reiter Road sought to …

U.K. firm joins race to export gas from B.C.

Posted by admin in Industry News on February 7th, 2012

BG Group eyes Prince Rupert as site to construct terminal for shipping liquefied natural gas

U.K. firm joins race to export gas from B.C.

Posted by admin in Industry News on February 7th, 2012

BG Group eyes Prince Rupert as site to construct terminal for shipping liquefied natural gas

Progress Energy Resources cuts capital spending by $100M; cites low gas prices

Posted by admin in Industry News on February 7th, 2012

CALGARY – Progress Energy Resources Corp. (TSX:PRQ), citing continuing low prices for natural gas in North America, is reducing its planned 2012 capital program by $100 million to $365 million.

LNG hubs to make strange bedfellows

Posted by admin in Industry News on February 7th, 2012

The market is buzzing with talk of new partnerships and takeovers involving Western Canadian gas producers, potentially sweeping up big names

Head of Encana's Canadian operations resigns

Posted by admin in Industry News on February 7th, 2012

CALGARY, Alberta (Reuters) – Mike Graham, president of Encana Corp's Canadian division, has resigned from the company effective immediately, a spokeswoman for Canada's largest natural gas producer said on Tuesday. The company did not say why Graham, who has run all of Encana's Canadian operations since 2007, was leaving. "We'd like to thank Mike for his many years of service wish him well in his …

Source: http://ca.news.yahoo.com/head-encanas-canadian-operations-resigns-214706001.html

Head of Encana's Canadian operations resigns

Posted by admin in Industry News on February 7th, 2012

CALGARY, Alberta (Reuters) – Mike Graham, president of Encana Corp's Canadian division, has resigned from the company effective immediately, a spokeswoman for Canada's largest natural gas producer said on Tuesday. The company did not say why Graham, who has run all of Encana's Canadian operations since 2007, was leaving. "We'd like to thank Mike for his many years of service wish him well in his …