natural gas prices

Enterprise Products Partners LP will build its recently announced ethane export facility on the Houston Ship Channel, the partnership said Wednesday.

Physical natural gas for delivery Thursday slipped lower Wednesday, with most points dropping about a nickel to a dime. Next-day prices on New England pipes fell the most after posting $1.00-plus gains in Tuesday’s trading. Isolated strength was seen at Marcellus points, and gas at Mid-Atlantic points fell more than a dime.

A former Baker Hughes Inc. executive is heading up the launch of a North American oilfield services provider that was created by merging four U.S. and Canadian operators.

An environmental group says Sunoco Logistics Partners LP is trying to circumvent local zoning ordinances in Pennsylvania by applying for an exemption with the Pennsylvania Public Utility Commission (PUC) for its Mariner East pipeline.

Total U.S. natural gas marketed production will grow by an average rate of 4.0% this year to 73 Bcf/d and 1.3% in 2015 to 73.97 Bcf/d, with onshore production increases in the Lower 48 states more than offsetting declines from the Federal Gulf of Mexico (GOM) and Alaska, according to the Energy Information Administration’s latestShort-Term Energy Outlook.

Retaining a ban on domestic crude oil exports until U.S. refineries reach “saturation” would be the optimal way to go, Goldman Sachs Group Inc. analysts said Tuesday. And the government should eliminate uncertainty over the ban’s future to clear the way for investment in refining capacity expansions.

The nominations of Norman Bay, director of FERC’s Office of Enforcement (OE), to be Commission chairman and current Acting Chairman Cheryl LaFleur to be approved for a second term were stalled this week as some Senate committee members reportedly pushed to reverse the order, having LaFleur continue to lead, while Bay joins as a commissioner.

Anticipating an increase in the amount of oil imports coming by rail into the state, California on Tuesday issued an interagency report with recommendations to beef up oversight of crude rail transport.

While gains in horizontal drilling efficiencies have driven a large part of the U.S. onshore energy boom over the last five years, completion techniques “need to close the gap,” and better assist in reducing costs and maximizing returns, according to a group of panelists at the DUG East Conference in Pittsburgh earlier this month.