Northeast, East Lead Decline; Futures Stage Subdued Rally

Cash market prices overall fell 4 cents Thursday with the greatest weakness demonstrated by northeast and eastern points. To avoid unnecessary volatility, traders typically make their deals prior to the Energy Information Administration’s (EIA) release of inventory data, and in Thursday’s trading, cash and futures markets moved in opposite directions. In the West, Colorado industry groups reported that raging wildfires in the state were not impacting oil and gas.

June 14, 2013

Williams Buys Half of Chesapeake’s Former Midstream Business

Williams, which has been expanding its onshore presence in the Marcellus and Utica shales, late Tuesday snagged a deal to significantly expand its onshore footprint in a $2.4 billion transaction to acquire half of the natural gas pipeline system once owned by Chesapeake Energy Corp.

December 13, 2012

Shale Part of ‘Portfolio Cocktail Moving Forward,’ Says Total Exec

Total SA wants to cook up some new deals in the U.S. shale patch, either through more joint ventures (JV) or on its own, a top executive said Wednesday.

November 11, 2011

FERC OKs Projects to Deliver Marcellus Gas to Canada

The Federal Energy Regulatory Commission Thursday issued certificates for National Fuel Gas Supply Corp.’s Northern Access Project and Tennessee Gas Pipeline’s 230C Project, both of which would clear the path for the delivery of more Marcellus shale gas north into Canada.

October 24, 2011

USGS Clarifies Marcellus Gas Estimate

The cloud of confusion surrounding the U.S. Geological Survey’s (USGS) recent estimate of undiscovered, technically recoverable natural gas and natural gas liquids (NGL) contained in the Marcellus Shale — and the apparent differences between the USGS assessment and previous estimates — cleared somewhat Friday as the agency clarified its methodology.

August 29, 2011

Federal Lands Help, But State Policies Key to Renewables, NREL Says

Following last Friday’s Earth Day commemorations, two sectors of the federal government demonstrated that a combination of state and federal policy efforts are needed for renewables to make the large-scale breakthrough that their backers envision.

April 27, 2011

Virginia Continues Push for Offshore Lease Sale

In a move that he said clearly demonstrated that Virginia supports oil and natural gas exploration, development and production 50 miles or more off its coast, Gov. Bob McDonnell last week signed legislation allocating future offshore royalties and revenues to transportation and the Virginia Coastal Energy Research Consortium, which researches and develops renewable energy solutions.

March 15, 2010

It’s Still Very Cold, But Most Points Fall Again

The market demonstrated once again Thursday that widespread severe cold is not necessarily a gas price booster. Prices dropped at nearly all points as two prior days of major futures weakness took their toll on the cash market. Increased use of storage was still believed to be supplanting potential new purchases of spot gas, and while frigid weather will last into the weekend in northern market areas, it would be less cold than before in many sections.

January 16, 2009

Climate Change Activists Target Northwest Natural’s LNG Support

A climate change activist group in the Pacific Northwest Monday demonstrated against Northwest Natural Gas Co. for its support of a liquefied natural gas (LNG) facility and related pipeline as an offshoot of wider demonstrations in Portland, OR.

August 6, 2008

Hurricanes’ Lesson for Gulf LNG? Onsite Electricity, Sempra Exec Says

The experience of existing U.S. liquefied natural gas (LNG) facilities during the recent Gulf of Mexico hurricanes has supported the designs for new terminals and demonstrated that onsite power generation is probably the single most important added consideration for the new projects, according to Sempra Energy COO Donald Felsinger.

November 3, 2005
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