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Coming out of its coldest April and wettest May ever recorded, North Dakota’s latest oil and natural gas statistics show the amounts of oil transported by rail shot up to 75% in April while new wells connected set a record at 185. Overall, April oil/gas production was down compared to March, but the daily averages set all-time records on a preliminary basis (793,249 b/d and 846 MMcf/d).

With continued uncertainty over whether a large nuclear generation plant will ever return to service, Southern California Edison Co. (SCE) officials on Friday said summer power supplies will be adequate throughout Southern California. Up to three new or upgraded natural gas-fired plants in the region. totaling more than 1,800 MW, are due to start operations by the end of summer, they said

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.

Continuing to focus ever more sharply on liquids-rich and oil projects, Range Resources Corp. has entered into an agreement to sell for $275 million some of its gassier Permian Basin properties in New Mexico and West Texas.

The Interior Department’s Bureau of Land Management (BLM) Tuesday released its first-ever rapid ecoregional assessment (REA), which takes a broad look at the ecology of the Colorado Plateau.

Linn Energy LLC and LinnCo LLC are acquiring Berry Petroleum Co. for $4.3 billion, including debt, in a transaction said to be the first-ever acquisition of a C-corporation by an upstream limited liability company (LLC) or master limited partnership (MLP).

Tokyo Electric Power Co. (TEPCO) is about to strike its first-ever long-term contract for liquefied natural gas (LNG) supply indexed to the Henry Hub, the Japanese utility said last week. TEPCO has been in talks with Mitsui & Co. Ltd. and Mitsubishi Corp. to acquire LNG from Sempra Energy’s Cameron LNG terminal in Louisiana.

Tokyo Electric Power Co. (TEPCO) is about to strike its first-ever long-term contract for liquefied natural gas (LNG) supply indexed to the Henry Hub, the Japanese utility said Wednesday. TEPCO has been in talks with Mitsui & Co. Ltd. and Mitsubishi Corp. to acquire LNG from Sempra Energy’s Cameron LNG terminal in Louisiana.

General Electric’s (GE) ever-larger bet on energy, particularly the oil and natural gas equipment sector, appears to be paying off as the industrial conglomerate on Friday reported stronger-than-expected profits for 4Q2012.