Proven

A signature from outgoing New York Gov. David Paterson is all that is required for a temporary ban on hydraulic fracturing (fracking) to become effective in the Empire State following the New York State Assembly’s approval of the measure on Monday.

The general weather moderation in most areas had proven puzzling Tuesday when most points rose a few cents, but it appeared that logical behavior had returned to the market Wednesday as prices fell across the board. The previous day’s futures decline of 1.1 cent, while minuscule, was an added slightly bearish factor in the cash market.

The general weather moderation in most areas had proven puzzling Tuesday when most points rose a few cents, but it appeared that logical behavior had returned to the market Wednesday as prices fell across the board. The previous day’s futures decline of 1.1 cent, while minuscule, was an added slightly bearish factor in the cash market.

Exploration success from onshore shale gas operations doubled Houston-based Petrohawk Energy Corp.’s proven reserves in 2009, setting the producer on track to once again top its production numbers in the first three months of 2010, company executives said last week.

Exploration success from onshore shale gas operations doubled Houston-based Petrohawk Energy Corp.’s proven reserves in 2009, setting the producer on track to once again top its production numbers in the first three months of 2010, company executives said Monday.

Exploration success from onshore shale gas operations doubled Houston-based Petrohawk Energy Corp.’s proven reserves in 2009, setting the producer on track to once again top its production numbers in the first three months of 2010, company executives said Monday.

BP has completed a gas-to-liquids (GTL) demonstration project in Nikiski, AK, and proven that it can produce diesel and aviation fuel from natural gas on a commercial scale. The company plans to close the facility by the end of 2009 after seven years of operation, the company said Wednesday.

While Pacific Gas and Electric Co. (PG&E) has proven to be a “solid, defensive” investment play in the midst of national and global economic troubles, California’s deep budget crisis raises new challenges, according to PG&E’s CEO Peter Darbee.

While Pacific Gas and Electric Co. (PG&E) has proven to be a “solid, defensive” investment play in the midst of national and global economic troubles, California’s deep budget crisis raises new challenges, according to PG&E’s CEO Peter Darbee.