Option

November natural gas futures traders on Monday continued to knock on the $5 resistance door to no avail as the contract reached a high of $4.972 in afternoon trade before closing out the regular session at $4.880, up 11 cents from Friday’s finish.

BG Group plc Thursday fired another warning shot at its North American competition after exercising an option to acquire a bigger stake in a prospective natural gas development offshore Trinidad. BG’s offer preempts a $142.5 million cash offer by Centrica plc.

BG Group plc has fired another warning shot at its North American competition after exercising an option to acquire a bigger stake in a prospective natural gas development offshore Trinidad. BG’s offer preempts a $142.5 million cash offer by Centrica plc.

GreatPoint Energy Inc. and Dow Chemical Co. have struck a deal giving Dow the option to purchase natural gas from future GreatPoint facilities that would produce gas from coal through a catalytic process called hydromethanation.

GreatPoint Energy Inc. and Dow Chemical Co. have struck a deal giving Dow the option to purchase natural gas from future GreatPoint facilities that would produce gas from coal through a catalytic process called hydromethanation.

Indiana utilities buying gas on behalf of customers could have a new option in homemade substitute natural gas procured from the state. Last Tuesday Gov. Mitch Daniels signed legislation allowing Indiana to buy and resell gas from a planned coal gasification plant in the southern part of the state.

Indiana utilities buying gas on behalf of customers could have a new option in homemade substitute natural gas procured from the state. On Tuesday Gov. Mitch Daniels signed legislation allowing Indiana to buy and resell gas from a planned coal gasification plant in the southern part of the state.

Liquefied natural gas (LNG) received a nod as one option to be included in the Oregon Business Plan’s effort to implement “a comprehensive energy policy” for the state in which there are three active proposals to build LNG receiving terminals.

Falcon Gas Storage Co. Inc.’s founding management group has exercised a partial equity sale option and will step down at the end of the year, while retaining a “significant” equity ownership position in the company, it said last week.