Regained

The cash market regained the price ground lost on the previous day and more Wednesday as a decline of heating load in the South proved to be less than expected and the lower Northeast saw a substantial reversal of prior warming trends. Spot gas also had fairly strong support from Tuesday’s May futures rise of 12.4 cents.

ExxonMobil Corp. regained the top spot in a ranking of the 50 largest listed energy companies in 2010, lifted by its buyout of XTO Energy Inc. and a 7% gain in share price growth, according to the PFC Energy 50 annual ranking.

ExxonMobil Corp. regained the top spot in a ranking of the 50 largest listed energy companies in 2010, lifted by its buyout of XTO Energy Inc. and a 7% gain in share price growth, according to the PFC Energy 50 annual ranking.

Southern California Gas said it regained a total of 340 MMcf/d of receipt capacity Wednesday at its Topock, AZ, border interconnects with El Paso and Transwestern following completion of anomaly repairs on Line 3000 that had required a reduction in line pressure. The work had begun Nov. 10.

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

Tenaska Inc. has regained full control of its natural gas marketing arm, Tenaska Marketing Ventures (TMV), after completing a half-stake repurchase from affiliates of American International Group Inc. (AIG). Financial details of the purchase, which included Tenaska Gas Storage and Tenaska Marketing Canada, were not disclosed.

Tenaska Inc. has regained complete control of its natural gas marketing arm, Tenaska Marketing Ventures (TMV), after completing a repurchase from affiliates of American International Group Inc. (AIG), which owned a half stake. Financial details of the purchase, which included Tenaska Gas Storage and Tenaska Marketing Canada, were not disclosed.

Southern California Gas regained 1 Bcf/d of storage withdrawal capacity Wednesday. It reported completion of maintenance work at the Honor Ranch facility (see Daily GPI, Sept. 19).