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Broken Arrow, OK-based Magnolia Petroleum Plc announced successful well results in the Mississippian Lime play on Tuesday and said well costs would be recovered quickly.

Lower-than-expected natural gas inventories have led Moody’s Investors Service to lift its assumptions for North American Henry Hub natural gas spot prices by 50 cents to $3.50/MMBtu in 2013 and $4.00/MMBtu in 2014 and thereafter.

Anchor Drilling Fluids USA Inc. announced Monday that it has opened a drilling fluids production plant in Wellsville, OH, the first such facility in the state and designed to service oil and natural gas operators in the emerging Marcellus and Utica shales.

By a narrow margin, voters Tuesday elected President Obama to a second term in office, but with Congress still split — a majority Republican House and a majority Democratic Senate — the passage of significant legislation relating to the energy industry or anything else remains problematic.

FERC on Friday approved Transcontinental Gas Pipe Line’s (Transco) Northeast Supply Link project to provide additional firm transportation service from the Marcellus shale play to meet growing demand for natural gas in Pennsylvania, New Jersey and New York City.

NiSource Inc. on Friday said it is proceeding with its East Side Expansion project on its Columbia Gas Transmission system to carry Marcellus Shale gas to the East Coast and mid-Atlantic region.

The Gas Co. LLC, Hawaii’s only government-franchised full-service gas company, has filed an application to operate facilities so that it can receive liquefied natural gas (LNG) sourced from natural gas produced in the continental U.S.

Canadian railway CN is testing two mainline diesel-electric locomotives fueled principally by natural gas in revenue service in northern Alberta and is working with technology partners to develop a natural gas railway engine and standardized fueling car, or tender.

Halliburton Co. on Thursday disclosed details on the performance of its new hydraulic fracturing (fracking) service, which uses a fluid based on a derivatized natural polymer rather than guar gum.