Scored

April futures scored another impressive gain Wednesday as traders attempted to factor in a late-season bout of cold weather that is expected to have little long-term impact on inventories. At the close April futures had posted a gain of 8.1 cents to $4.335 and May added 8.1 cents as well to $4.412. May crude oil gained 78 cents to $105.75/bbl.

Chesapeake Energy Corp. late Sunday scored a sixth U.S. onshore joint exploration agreement and its second with China’s CNOOC Ltd. (China National Offshore Oil Corp.) in a transaction valued at more than $1.26 billion.

February natural gas futures scored a second straight double-digit advance Thursday as traders reacted to a bullish inventory report and were forced to cover short positions.

Offshore oil and natural gas producers scored a break in the stopgap funding measure signed by President Obama late Tuesday — it excludes a provision that would have extended the federal review period of new offshore drilling plans to 90 days from 30 days.

April natural gas futures scored a modest gain Friday as traders noted covering of earlier short positions countered by light selling by producers. At the end of the day April futures had risen 4.6 cents to $4.813 and May added 4.8 cents to $4.879. April crude oil gained $1.49 to $79.66/bbl.

April natural gas futures scored a modest gain Friday as traders noted covering of earlier short positions countered by light selling by producers. At the end of the day April futures had risen 4.6 cents to $4.813 and May added 4.8 cents to $4.879. April crude oil gained $1.49 to $79.66/bbl.

FERC Chairman Jon Wellinghoff and the American Gas Association (AGA) scored a victory Friday when the DC appellate court remanded a prior order denying AGA’s request for expanded reporting of natural gas that shippers provide to interstate pipelines.

FERC Chairman Jon Wellinghoff and the American Gas Association (AGA) scored a victory Friday when the D.C. appellate court remanded a prior order denying AGA’s request for expanded reporting of natural gas that shippers provide to interstate pipelines.

Anadarko Petroleum Corp. — and a host of other producers — scored a major victory last week after the U.S. Supreme Court refused to consider a government challenge to lower court decisions that have blocked the Department of Interior (DOI) from collecting billions in deepwater Gulf of Mexico (GOM) natural gas and oil royalties.