Better

Thousands of landowners in New York state, who have received notice that their leases with gas companies are being unilaterally extended, have been given an added bonus: a French lesson.

Better-than-expected performance in the Marcellus Shale helped Cabot Oil & Gas Corp.’s shareholders kick the stock almost 13% higher on Wednesday, the day the producer released its latest quarterly earnings.

Better-than-expected performance in the Marcellus Shale helped Cabot Oil & Gas Corp.’s shareholders kick the stock almost 13% higher on Wednesday.

In an effort to better serve its customers, CME Group is introducing three natural gas futures contracts physically delivered at Pine Prairie Energy Center (PPEC) in Evangeline Parish, LA, which is owned by PAA Natural Gas Storage LP.

In an effort to better serve its customers, CME Group is introducing three new natural gas futures contracts physically delivered at Pine Prairie Energy Center (PPEC) in Evangeline Parish, LA, which is owned by PAA Natural Gas Storage LP.

A coalition of 48 House lawmakers led by Reps. Maurice Hinchey (D-NY), Diana DeGette (D-CO) and Jared Polis (D-CO) have fired off a letter to Interior Secretary Ken Salazar expressing their support for the department’s plans to require public disclosure of the chemicals that producers use in the hydraulic fracturing (fracking) process for development of shale gas.

“Better late than never” might have been the mantra of natural gas futures bears on Wednesday as the February contract finally corrected Monday’s 24.5-cent rally. Riding updated forecasts that show temperatures might not be as cold as previously expected in the coming weeks, the prompt-month contract recorded a $4.447 low on Wednesday before closing the regular session at $4.473, down 19.6 cents from Tuesday’s finish.

Billionaire Carl Icahn, known for investing in what he considers underperforming companies and helping them to achieve a better value, has become Chesapeake Energy Corp.’s second-largest shareholder, according to a filing with the Securities and Exchange Commission (SEC).

With only one month left to finish their annual scorecard, Canadian natural gas exporters are poised to chalk up a return to better times after a bruising fall.