After choosing 12 finalists from more than 70 applicants, Ben Franklin Technology Partners’ Shale Gas Innovation and Commercialization Center (SGICC) on Tuesday selected the three winners of its 2013 Shale Gas Innovation contest aimed at recognizing and promoting small- and mid-sized businesses behind emerging technologies in the Appalachian region’s growing natural gas industry.
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White House: Shale Gas A Big Boost for Manufacturing Jobs
The U.S. onshore natural gas industry is helping to fuel recent gains in domestic manufacturing, the White House said in a report Wednesday.
E&Ps Face Choices Under SEC Reserve Revisions
The updated reserves reporting rules for U.S. exploration and production (E&P) companies enacted by the Securities and Exchange Commission (SEC) may prove a struggle for independents in choosing whether to be aggressive with their bookings versus a more conservative approach, particularly when booking proved undeveloped (PUD) locations, analysts said Thursday.
SEC Reserve Revisions Begin Impacting E&P Reports
The updated reserves reporting rules enacted by the Securities and Exchange Commission (SEC) for U.S. exploration and production (E&P) companies may prove a struggle for independents in choosing whether to be aggressive with their bookings versus a more conservative approach, particularly when booking proved undeveloped (PUD) locations, analysts said Thursday.
Bullish Natgas Storage Build Fails to Spark Futures
Choosing to respond to renewed strength in the U.S. dollar instead of a bullish natural gas storage injection report of only 12 Bcf, December natural gas futures sank back below the $7 mark in Thursday morning trade. Thursday ended up bringing the contract’s streak of higher closes to an end at four as December futures finished at $6.979, down 27 cents from Wednesday’s close.
Arizona Study: Gas Problematic; Electricity Rates to Soar
Higher electricity prices are inevitable, and it is a matter of choosing the right mixture of power generation sources to keep retail rates from increasing as much as 80% by 2020, according to a draft study released in June assessing Arizona’s energy future. The “Powering Arizona: Choices & Tradeoffs for Electricity Policy” study was conducted by Arizona State University (ASU) and a California-based nonprofit group, The Communications Institute.
Arizona Study: Gas Problematic; Electricity Rates to Soar
Higher electricity prices are inevitable, and it is a matter of choosing the right mixture of power generation sources to keep retail rates from increasing as much as 80% by 2020, according to a draft study released in June assessing Arizona’s energy future. The “Powering Arizona: Choices & Tradeoffs for Electricity Policy” study was conducted by Arizona State University (ASU) and a California-based nonprofit group, The Communications Institute.
Futures Bide Time Wednesday Ahead of Fresh Storage News
Choosing to travel their own road Wednesday, July natural gas futures dismissed August crude’s near $1.00 decline and settled 3.2 cents lower at $7.442. Trading was relatively quiet as the prompt month kept within a thin range from $7.39 to $7.53 and traders noted that there did not seem to be any motivation in either direction.
Natural Gas Futures Soar as Downtrend Looks Complete
Choosing to run with the petroleum complex Wednesday, July natural gas futures skyrocketed in the afternoon, reaching a high of $6.80 before settling at $6.789, up an astounding 41 cents on the session.
NatGas Futures Dismiss Tropical Storm Adrian to Follow Crude Lower
Choosing to follow crude’s weakness instead of minor concerns related to Tropical Storm Adrian in the Pacific, June natural gas futures resumed a downward trek on Wednesday.