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A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014. The government agency added that strong onshore production growth will offset Gulf of Mexico declines in both years.

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

Once exports of liquefied U.S. natural gas begin, the global gas market will get its formal introduction to the hub in Louisiana named Henry. The response might only be a shrug, or even less. But gas markets will feel the hub’s presence, IHS Inc. Vice Chairman Dan Yergin told a Houston audience.

ExxonMobil Corp. and Qatar Petroleum International (QPI) on Monday signed a memorandum of understanding (MOU) to jointly evaluate unconventional natural gas and associated liquids resources in North America, as well as global opportunities for liquefied natural gas (LNG).

BP plc is putting its once touted U.S. wind energy business on the market to refocus on growing its oil and natural gas operations, the operator said last week.

The Bureau of Land Management (BLM)’s Buffalo Field Office in Wyoming has approved Anadarko Petroleum Corp.’s Crazy Cat East oil and natural gas drilling project about 40 miles south of Buffalo in North Central Wyoming.

KW Express LLC a partnership of Kinder Morgan Energy Partners LP (KMP) and Watco Companies LLC, has entered into a long-term agreement with Mercuria Energy Trading Co. Inc. to construct a 210,000 b/d crude-by-rail project at the Greens Port Industrial Park on the Houston Ship Channel. The project will allow Mercuria Energy Trading Inc. to source crude from various locations, including Cushing, OK, West Texas, the Bakken Shale area and Western Canada for delivery by rail into the Houston Ship Channel for distribution to various refiners via pipeline and barges. The facility will have the capability to unload and load up to three unit trains per day of crude oil and condensate as well as provide for up to 100,000 b/d of barge loading capacity. KW Express will own 85% of the project and, together with Watco, operate the project once completed. Mercuria will own the remaining 15% interes

While other stakeholders have been critical of California’s preliminary draft hydraulic fracturing (fracking) rules, two energy attorneys with the firm of K&L Gates consider the rules’ proposed protections for trade secrets to be adequate for shielding exploration and production (E&P) operators’ proprietary information tied to fracking.