Report

Florida’s electric utilities are better prepared for the tropical storms and hurricanes that bear down on the state than they ever have been, according to an assessment by the Florida Public Service Commission (PSC).

The number of unconventional natural gas well permits issued by Pennsylvania regulators last year bounced back after hitting an eight-year low in 2016, according to the state Department of Environmental Protection’s (DEP) annual oil and gas report.

A bullish surprise from the Energy Information Administration’s (EIA) weekly natural gas inventory report served up a clear reminder that even as production growth has dominated the market’s thinking as of late, it hasn’t made a dent in storage deficits — yet.

Natural gas production in Pennsylvania reached another high during the first quarter, when volumes hit 1.441 Tcf, up about 10% from the 1.312 Tcf produced in 1Q2017, according to the state’s Independent Fiscal Office (IFO).

The Energy Information Administration (EIA) ushered in the start of injection season Thursday with a reported natural gas storage build that was larger than expected, sending futures lower.

Natural gas futures got a bump Thursday after the Energy Information Administration (EIA) reported a rare April storage withdrawal that came in tighter than expected.

Australia’s Northern Territory (NT) government said Tuesday it will allow natural gas extraction using unconventional drilling techniques, ending a two-year moratorium.

Natural gas futures pulled back Thursday after the Energy Information Administration (EIA) reported a weekly storage withdrawal that came in looser versus market expectations, although a reclassification resulted in a slightly larger net decrease to inventories overall.

Production wasn’t the only thing that increased in Ohio’s oil and natural gas fields last year, as permitting bounced back from the lows of the commodities downturn and shale drillers that increasingly control more land continued extending their laterals, according to the Ohio Oil and Gas Association’s (OOGA) annual Debrosse Memorial Report.