Cash natural gas prices retreated 11 cents on average Thursday as traders elected to factor in mild temperatures across the country and incorporate Wednesday’s screen weakness ahead of the release of government inventory data.
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Chesapeake Revamping Corporate Governance, Reining in McClendon
Chesapeake Energy Corp.’s share price had fallen more than 4% in afternoon trading Tuesday following news a day earlier to revamp corporate governance and rein in spending and compensation. Among other things, CEO Aubrey McClendon won’t receive a bonus for 2012 and some of his perquisites have been cut.
Chesapeake Gets Another Downgrade, More ‘No’ Votes on Board
Chesapeake Energy Corp. has been downgraded again by Fitch Ratings, and on Monday two proxy services recommended against reelecting two directors at the annual meeting in June.
MicroSeismic, NSI to Collaborate on Fracking Technology
Two technology firms on Thursday partnered to create an engineering and geoscience “solution” to allow unconventional oil and gas operators to incorporate microseismic data and hydraulic fracturing designs to help them model their well fractures.
FERC Rejects Gulf South’s Proposed Gas Quality Changes
FERC has rejected Gulf South Pipeline’s proposal to incorporate revised natural gas quality specifications into its tariff. The agency, however, left open the door for Gulf South to refile a “properly supported” proposal at a later date.
FERC Rejects Gulf South’s Proposed Gas Quality Changes
FERC has rejected Gulf South Pipeline’s proposal to incorporate revised natural gas quality specifications into its tariff. The agency, however, left open the door for Gulf South to refile a “properly supported” proposal at a later date.
Mojave Pipeline Eyes Expansion to Sacramento
El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.
Mojave Pipeline Eyes Expansion to Sacramento
El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.