Rapidly

Natural gas production in the northeastern United States has grown rapidly since 2009, thanks to increased drilling in the Marcellus Shale, according to data released by the Energy Information Administration (EIA) Tuesday.

A shift by global natural gas and oil companies to unconventionals, liquefied natural gas (LNG) and the deepwater has lifted prospective value growth across the upstream sector by 23% from a year ago, according to new research by industry consultant Wood Mackenzie.

Nuclear power’s loss in Japan is rapidly turning out to spell gain for natural gas — and not least in Western Canada. Aspiring overseas exporters of liquefied natural gas (LNG) heard that encouraging word from international market participants recently in the Canadian industry capital of Calgary.

Nuclear power’s loss in Japan is rapidly turning out to spell gain for natural gas — and not least in Western Canada. Aspiring overseas exporters of liquefied natural gas (LNG) heard that encouraging word from international market participants Wednesday in the Canadian industry capital of Calgary.

The double-digit advances that pervaded the market Monday were disappearing rapidly Tuesday except in the Northeast, where forecasts are getting hotter. Close-to-flat numbers were common outside the Northeast, and small losses were resurfacing in the price mix for the first time since one last Friday.

Natural gas output from the rapidly growing number of onshore oil rigs will keep the domestic market “meaningfully” oversupplied through 2012 and challenge storage capacity through 2013, energy analysts said last week.

Natural gas output from the rapidly growing number of onshore oil rigs will keep the domestic market “meaningfully” oversupplied through 2012 and challenge storage capacity through 2013, energy analysts said Tuesday.

With rapidly expanding development in the oily Bakken Shale and Three Forks formations of North Dakota, Enbridge Energy Partners LP (EEP) and Enbridge Income Fund Holdings Inc. (EIF) said last week that additional shippers have finalized capacity commitments to the Bakken Expansion Program and the companies expect that additional capacity will be required by producers in the near future.

With rapidly expanding development in the oily Bakken Shale and Three Forks formations of North Dakota, Enbridge Energy Partners LP (EEP) and Enbridge Income Fund Holdings Inc. (EIF) said Monday that additional shippers have finalized capacity commitments to the Bakken Expansion Program and the companies expect that additional capacity will be required by producers in the near future.