Sales

Erosion of the international natural gas trade continued into the 2009-2010 heating season with Canadian sales into the United States sliding steadily downhill. The best that can be said for pipeline exports is that the rate of decay slowed in December, the second month of the current contract year, which began Nov. 1.

Erosion of the international natural gas trade continued into the 2009-2010 heating season with Canadian sales into to the United States sliding steadily downhill. The best that can be said for pipeline exports is that the rate of decay slowed in December, the second month of the current contract year, which began Nov. 1.

Erosion of the international natural gas trade continued into the 2009-2010 heating season with Canadian sales into to the United States sliding steadily downhill. The best that can be said for pipeline exports is that the rate of decay slowed in December, the second month of the current contract year, which began Nov. 1.

Australian subsidiaries of Chevron Corp. and Japan’s Chubu Electric Power Co. Inc. have signed binding long-term sales and purchase agreements (SPA) for a portion of Chevron’s share of liquefied natural gas (LNG) to be produced from the Gorgon Project off Australia’s coast.

November natural gas futures retreated Friday as fund and managed account traders made technically based sales, momentarily taking some money off the table while awaiting a chance to reenter the market on the long side next week.

Illinois Gov. Pat Quinn has signed into law new measures aimed at protecting consumers from misleading sales pitches and excessively high exit fees of marketers that provide alternative natural gas service in the state.

Illinois Gov. Pat Quinn has signed into law new measures aimed at protecting consumers from misleading sales pitches and excessively high exit fees of marketers that provide alternative natural gas service in the state.

Savvy energy purchases, tighter cost controls and higher power sales lifted Sempra Energy’s profits by 10% in the last three months of 2008, easily surpassing Wall Street’s expectations.

Savvy energy purchases, tighter cost controls and higher power sales lifted Sempra Energy’s profits by 10% in the last three months of 2008, easily surpassing Wall Street’s expectations.