Models See Cooler Temps, Less Demand; April Called 3 Cents Lower

April natural gas is expected to open 3 cents lower Monday morning at $2.70 as traders see prices approaching key decision points and weather forecasts call for less heating load. Overnight oil markets slumped.

March 16, 2015

Old Man Winter Hasn’t Left Yet; February Called 10 Cents Higher

February natural gas is expected to open 10 cents higher Wednesday morning at $2.93 as the near-term temperature outlook now calls for cooler temperatures over key eastern and Midwest energy markets. Overnight oil markets rose.

January 21, 2015

Cold May Linger in East; February Seen 3 Cents Higher

February natural gas is set to open 3 cents higher Wednesday morning at $2.97 as forecasts call for continued cold with risks that the cold might continue over major population centers. Overnight oil markets rose.

January 7, 2015

FERC Approves Texas Eastern OPEN Project

FERC has approved Texas Eastern Transmission LP’s request to construct and operate the Ohio Pipeline Energy Network (OPEN) project, which would carry Marcellus/Utica shale gas to Gulf Coast markets and other markets using interconnections with downstream pipelines.

December 4, 2014

Canadian Utilities Seek Pause in TransCanada Rate Overhaul

Canada’s three biggest natural gas distribution companies are calling for a timeout to be imposed on TransCanada Corp.’s C$13.5 billion (US$12 billion) grand design for an overhaul of the national pipeline network.

November 21, 2014

Last Bit of Texas Eastern’s Team 2014 OK’d for Service

Texas Eastern Transmission LP on Friday received FERC clearance to place into service the last remaining facility of its Texas Eastern Appalachia to Market (Team) 2014 Project.

November 7, 2014

GOM Auction Draws Fewer, but Well Financed, Seasoned Operators

More than 40 producers offered 383 bids with high bids totaling $850.8 million to secure leaseholds in the Central and Western Gulf of Mexico (GOM), mostly for deepwater prospects, the Bureau of Ocean Energy Management said Wednesday. However, there were no bids in the Eastern GOM auction, the first in eight years.

March 19, 2014

Seasonal, Regional Price Impact from Marcellus Spreading to Western Canada, Says Raymond James

A seismic shift in the Northeast natural gas market likely will lead to substantial and broad-based seasonal price differentials all the way to Western Canada, Raymond James Inc. analysts said Monday.

January 27, 2014

ANR Offering Marcellus-Midwest, Gulf Coast Capacit

ANR is holding a binding open season through Oct. 22 for its Lebanon Lateral 2014 Reversal Project. The pipeline is holding a separate nonbinding open season through Oct. 23 for its Glen Karn 2015 Project.

September 25, 2013

ANR Offering Way Out of Marcellus in Two Open Seasons

ANR Pipeline Co. on Monday announced two open seasons for projects intended to give Marcellus and Utica shale gas a new export option and access to the pipeline’s markets in the Midwest and Gulf Coast.

September 25, 2013