natural gas data

Friday deliveries of natural gas headed sharply lower in Thursday’s trading at virtually all market points as traders made sure they got their deals done prior to the release of government storage data.

By confirming that Pioneer Natural Resources Co. and Enterprise Products Partners LP may export condensate under existing regulations, the Obama administration was seen by some as cracking the door to potential wider export of liquid hydrocarbons — someday.

Visions of breaking into the international, big league liquefied natural gas (LNG) trade with Canadian supplies are spreading inland to Alberta from the Pacific Coast of British Columbia (BC).

While hanging on to a good amount of acreage in two counties in the Williston Basin in North Dakota, Calgary-based Crescent Point Energy Corp. has found better economics for oil and natural gas production on the Canadian side of the border for the prolific basin that spreads over portions of Saskatchewan, Manitoba, Montana and most of the western half of North Dakota.

The Dow Chemical Co. said it will start construction Monday on its world-scale ethylene production facility at its site in Freeport, TX. The plant is expected to come online during the first half of 2017.

Voters in Loveland, CO, on Tuesday rejected a ballot measure seeking to impose a two-year moratorium on hydraulic fracturing (fracking) within the city limits. The result prompted swift responses from industry and citizen groups supporting the drilling practice.

The U.S. House of Representatives on Tuesday passed a bill streamlining the approval process for oil and natural gas pipelines, and other energy infrastructure, that cross the borders with Canada and Mexico, and removing a requirement that the Department of Energy (DOE) approve oil and gas imports/exports to those countries.

Michigan Attorney General Bill Schuette on Wednesday added 12 more charges to a racketeering and fraud complaint filed earlier this month against Chesapeake Energy Corp.

Florida Power & Light Co. (FPL) has a growing fleet of gas-fired power plants fueled via a portfolio of pipeline transportation contracts. Now it says it’s time to take a stake in America’s shale natural gas patch, going all the way back to the wellhead to snare a better deal for electric ratepayers.