Replaced

SandRidge Energy Inc. founder Tom Ward, the former chairman and CEO, was replaced Wednesday by the board of directors, which said its decision was “in the best interests of the company and its shareholders at this time.”

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

Canada’s dormant Arctic project is more than replaced by the latest and largest plan for liquefied natural gas (LNG) exports from the northern Pacific Coast of British Columbia (BC) at Kitimat.

Canada’s dormant Arctic project is more than replaced by the latest and largest plan for liquefied natural gas (LNG) exports from the northern Pacific Coast of British Columbia (BC) at Kitimat.

The Perryville Hub in North Louisiana continues to raise its profile in the Gulf Coast region on the shoulders of Midcontinent shale gas production and growing gas-fired power generation demand in the Southeast. Pipeline operators are responding with efforts to streamline trading at the location with the expectation that it will become the supply-demand crossroads for shale gas and power plants.

Ohio University (OU) said last week for the next five months the campus heating and power plant plans a switch from coal and will run entirely on natural gas.

If its Keystone XL oil pipeline is the foundation, major U.S. oil and natural gas shale plays will be the drivers for TransCanada Corp. greatly expanding its North America footprint, the Calgary-based company’s senior executives said during recent investor conferences in Toronto and New York City.

The weekend’s double-digit losses at nearly all points were replaced by mostly single-digit declines in most of the cash market Monday, and several scattered locations were flat to mostly a little higher. The restoration of industrial demand from its usual weekend drop likely helped account for some of the diminished softness, but weather-based demand remained generally light, Atlantic tropical activity was remote, and the 6.9-cent futures fall on Friday was a third bearish factor.

Aging pipeline infrastructure will need to be replaced and/or expanded to support the nation’s transition to greater reliance on natural gas, particularly in electric generation, FERC Commissioner John Norris said last Tuesday.