natural gas

American Energy Partners LP (AELP) has hired Jennifer M. Grigsby as CFO for two affiliates. The former Chesapeake Energy Corp. executive is to serve as financial chief for American Energy Woodford LLC and American Energy-Mineral Holdings LLC. Grigsby spent 19 years at Chesapeake, most recently as senior vice president of corporate and strategic planning. She previously worked for Commander Aircraft Co. and Deloitte and Touche LLC. AELP was founded by former Chesapeake CEO Aubrey McClendon.

A network of publicly accessible natural gas vehicle (NGV) fueling stations operated by San Francisco-based Pacific Gas and Electric Co. (PG&E) provided the equivalent of 3 million gasoline gallons of compressed natural gas (CNG) last year, the combination utility said.

Dallas-based Matador Resources Co. would become the largest Delaware Basin acreage holder among small- and mid-cap public companies with the consummation of its recently announced deal to acquire Roswell, NM-based Harvey E. Yates Co. from HEYCO Energy Group Inc.

Energy Transfer Partners LP (ETP) and affiliate Regency Energy Partners LP on Monday agreed to merge in a transaction estimated to be worth $18 billion, creating one of the largest master limited partnerships (MLP) with operations in nearly all major producing areas of the United States.

WPX Energy Inc., one of the largest natural gas producers in the Piceance Basin of Colorado, plans to delay completions on at least 20 drilled wells until “economics improve.”

A section of Enterprise Products Partners LP’s (EPP) Appalachia-to-Texas Express (ATEX) pipeline, which entered commercial service a year ago, ruptured and caught fire early Monday, limiting service on a critical ethane outlet that serves the Marcellus and Utica shales, a company spokesman said.

Interstate natural gas pipelines should not be permitted by FERC to track and recover the capital costs of pipeline modernization through a surcharge mechanism proposed by the agency, the Natural Gas Supply Association (NGSA) said in comments filed Monday.

BP plc, whose largest operations are in North America, is freezing the base pay across its group this year, CEO Bob Dudley said Monday.

Natural gas forwards markets were generally lower last week as unconvincing weather forecasts, returning production and bearish storage data weighed on prices.