Encana Reports First Quarter Operating Loss of 25 Percent
Gas – The Financial Post reported that Encana announced a first quarter drop in operating profits of 25 percent, mostly due to hedging losses
Gas – The Financial Post reported that Encana announced a first quarter drop in operating profits of 25 percent, mostly due to hedging losses
Gas – A brief overview of gas price developments, supply and demand and significant market movers.
Gas – Bloomberg reported that the recent resignation of Encana's CEO Randall Eresman, could breathe new life into the struggling company, by streamlining focus away from natural gas production towards oil.
Gas – Natural gas investors applauded a move by energy giant Chevron to buy a stake in, and operate, a proposed liquid natural gas project on Canada’s British Columbia coast.
Gas – The Globe and Mail reported that Chevron Corp. (NYSE:CVX) has agreed to take 50-percent ownership of Kitimat LNG by buying the minority positions held by Encana Corp. (TSX:ECA,NYSE:ECA) and EOG Resources Inc. (NYSE:EOG). The move places Chevron at the helm of the project and brings it closer to becoming a reality.
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Gas – Bloomberg reported that natural gas supplier Encana's Q3 earnings fell, pressured down by declining fuel prices.
Gas – A brief overview of gas price developments, supply and demand, and significant market movers.
Gas – Encana, Canada's largest natural gas producer is seeking project partnerships that could facilitate the development of unconventional gas fields, with expectations to double its production of natural gas over the next five years.
Gold Investing News reports gold had a great run last week. The US currency showcased the biggest decline in a month against euro last week as US data showed that the world’s largest economy contracted lesser than forecasts, which hinted that the recession is fading and gave rise to investor demand in riskier counters such [...]
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