Alex Steis

CME Group said Tuesday that as part of its recently announced restructuring the trading exchange will reduce its global workforce this week by roughly 5%, or about 150 positions. Most of the cuts will come from technology, with the balance of reductions coming from corporate and administrative functions.

With winter 2014-2015 right around the corner, many in the natural gas market seem relatively comfortable with their fourth quarter price expectations now that worries about insufficient winter supply have been mostly assuaged by an exceedingly strong storage injection season. Looking to get a handle on how 2015 might play out, there is no shortage of factors at play.

With winter 2014-2015 right around the corner, many in the natural gas market seem relatively comfortable with their fourth quarter price expectations now that worries about insufficient winter supply have been mostly assuaged by an exceedingly strong storage injection season. Looking to get a handle on how 2015 might play out, there is no shortage of factors at play.

After decades of using costly diesel fuel in their exploration and production operations, some industry players are ramping up the use of their produced natural gas for U.S. shale play development, which is proving to be a cheaper and more environmentally friendly proposition.

In its continuing effort to support President Obama’s goal of doubling energy productivity by 2030, the Department of Energy (DOE) said Wednesday it is expanding the Clean Energy Manufacturing Initiative to support the American manufacturing sector and launch the Accelerate Energy Productivity 2030 initiative.

As the market nears the end of the natural gas injection season next month, industry analysts are looking to the winter season and beyond to see what lies ahead. From what they’re seeing, higher prices may not be as close as some producers may have hoped.

As the market nears the end of the natural gas injection season next month, industry analysts are looking to the winter season and beyond to see what lies ahead. From what they’re seeing, higher prices may not be as close as some producers may have hoped.

Entering the heart of summer in Texas, the intensifying heat has elevated natural gas as the top fuel for electricity generation in the Electric Reliability Council of Texas (ERCOT) region, according to a new report from the independent system operator (ISO).

Lowell, MA-based TRC Companies Inc. said Lauren O’Donnell has joined the company as vice president for oil and gas. The company, which provides engineering, consulting and construction management services to the energy, environmental and infrastructure markets, said O’Donnell, who previously was the director of the division of gas-environment and engineering at the Federal Energy Regulatory Commission (FERC), will be “an integral member” of TRC’s focused oil and gas initiative, developing and implementing strategies to assist TRC’s clients in securing federal permits for new energy infrastructure projects. In her role with FERC, O’Donnell directed the preparation, review and approval of environmental documents for interstate natural gas pipelines, storage facilities and liquefied natural gas terminals across the United States, and she has ensured compliance with the Commission’s requirements during construction and operation.