Closing

New York Fracking Report: Shale a Job Creator

Tens of thousands of new jobs would be created in the Empire State if regulators decide to allow shale development, the New York Department of Environmental Conservation (DEC) reported in the final draft of its report on the environmental impacts of hydraulic fracturing (fracking) on Wednesday.

September 8, 2011

Traders Sense Eventual Market Decline; August Slips Lower

August natural gas futures drifted lower Monday as traders expect a rangebound market. At the closing bell August futures had fallen 1.3 cents to $4.386 and September had shed 1.5 cents to $4.355. September crude oil retreated 67 cents to $99.20/bbl.

July 26, 2011

Range Touting Benefits of Barnett Sale

It’s only been two and a half months, but Range Resources Corp. said its decision to leave the Barnett Shale is already paying off.

July 25, 2011

Range Touting Benefits from Barnett Shale Exit

It’s only been two and a half months, but Range Resources Corp. said its decision to leave the Barnett Shale is already paying off.

July 20, 2011

Kodiak Building Bakken/Three Forks Acreage

Kodiak Oil & Gas Corp. has agreed to acquire from an undisclosed private seller Bakken/Three Forks leasehold and producing properties in the Williston Basin for about $85.5 million, the company said Monday.

May 24, 2011

Washington State Easing Out Coal for Gas

Washington Gov. Chris Gregoire signed a bill into law (SB 5769) April 29 that establishes the phased closing of the state’s major coal-fired electric generation plant and the development of a smaller, cleaner natural gas-fired plant in the interim. Executives from power plant operator TransAlta Corp. and the environmental and labor sectors joined Gregoire at the signing ceremony.

May 9, 2011

Washington State Law Eases Coal Plant Closing

Washington Gov. Chris Gregoire signed a bill into law (SB 5769) last Friday that establishes the phased closing of the state’s major coal-fired electric generation plant and the development of a smaller, cleaner natural gas-fired plant in the interim. Executives from power plant operator TransAlta Corp. and the environmental and labor sectors joined Gregoire at the signing ceremony.

May 3, 2011

Encana Taking Piece of Kitimat LNG Project

Encana Corp. is taking a 30% stake in the planned Kitimat liquefied natural gas (LNG) export terminal on the west coast of central British Columbia (BC) and its associated gas pipeline, the Calgary-based company said Friday. Encana is joining units of Apache Corp. and EOG Resources Inc. in the project, which will target Asian markets with western Canadian gas supplies.

March 21, 2011

Forecast Swings Lead Futures to Close Week Nearly Unchanged

During a week that saw swings of 20 cents — higher on Monday and lower on Wednesday — February natural gas futures on Friday ended up closing quietly at $4.422, down 1.2 cents from Thursday’s finish but 1.7 cents higher than the previous week’s close.

January 10, 2011

Williams, Partnership Add to Marcellus, Bakken Holdings

Williams Cos. and separately, Williams Partners LP, on Tuesday completed acquisitions that build their portfolios in the Marcellus and Bakken shales.

December 23, 2010