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1Q2013 NatGas Marketers Total Drops 5%; ConocoPhillips Repositions

A marginal increase in natural gas sales by BP plc and significant increases by Tenaska, Chevron and J.Aron & Co. were overshadowed by declines at ConocoPhillips, Shell Energy NA and Macquarie, resulting in a 5% (7.53 Bcf/d) overall decline in gas sales transactions in 1Q2013 compared with 1Q2012, according to NGI’s 1Q2013 Top North American Gas Marketers Ranking.

June 10, 2013

1Q2013 NatGas Marketers Total Drops 5%; ConocoPhillips Repositions

A marginal increase in natural gas sales by BP plc and significant increases by Tenaska Inc., Chevron Corp. and J.Aron & Co. were overshadowed by declines at ConocoPhillips, Shell Energy NA and Macquarie Energy, resulting in a 5% (7.53 Bcf/d) overall decline in gas sales transactions in 1Q2013 compared with 1Q2012, according to NGI’s 1Q2013 Top North American Gas Marketers Ranking.

June 10, 2013

FERC Form 552 Data Shows Shift in 2012 Supply-Demand Mix

Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by Natural Gas Intelligence (NGI) of 2012 Form 552 buyer and seller filings with FERC.

June 10, 2013

FERC Form 552 Data Shows Shift in 2012 Supply-Demand Mix

Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by Natural Gas Intelligence (NGI) of 2012 Form 552 buyer and seller filings with FERC.

June 4, 2013

AccuWeather Forecasts Four Major Atlantic Hurricanes This Year

Forecasters at AccuWeather.com expect another active hurricane season this year, with 16 named storms, including eight hurricanes, four of them major (Category 3 or higher), to form in the Atlantic Basin, with as many as three hurricanes making landfall in the United States.

May 20, 2013

AccuWeather Forecasts Four Major Atlantic Hurricanes This Year

Forecasters at AccuWeather.com expect another active hurricane season this year, with 16 named storms, including eight hurricanes, four of them major (Category 3 or higher), to form in the Atlantic Basin, with as many as three hurricanes making landfall in the United States.

May 16, 2013

EIA Survey Shows State-by-State Fuel Use, Emissions

Energy-related carbon dioxide emissions, counting the emissions from fuel consumption only, vary significantly across states, with Texas and California registering the highest carbon dioxide (CO2) emissions with 652.6 million metric tons (mmt) and 369.8 mmt respectively in 2010, according to a survey by the Energy Information Administration (EIA).

May 14, 2013

Still More Cold Lifts Northeast, But Futures Retreat

Cash natural gas prices were unchanged on average in Friday for weekend and Monday trading. Northeast points managed gains as weather forecasts proved supportive, but Rocky Mountain points were steady to lower, and eastern points fell a couple of cents.

May 13, 2013

BG Group Says It Will Be China’s Largest LNG Supplier

China National Oil Corp. (CNOOC) has agreed with BG Group to take an additional stake in the Queensland Curtis LNG (QCLNG) project in Australia for A$1.93 billion. CNOOC also agreed to take an additional 5 million tonnes per annum (mtpa) of LNG from BG Group. The deal will make BG Group the largest supplier of liquefied natural gas (LNG) to China, the company said.

May 7, 2013

Energen Permian Wells Showing Promise

Energen Corp. management said the first quarter of 2013 was “both encouraging and challenging” as test wells in the Third Bone Spring and Wolfberry formations of the Permian Basin performed well, but cold weather and interference issues worked against the company as profits fell slightly.

May 6, 2013