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The Eagle Ford Shale continued to drive results for Houston-based Rosetta Resources Inc. last year, leading the company to record production, reserves and cash flow.

Most exploration and production (E&P) executives believe shale natural gas prices have bottomed out, with 87% predicting that prices will stay the same or increase over the next two years, according to a survey of 357 North American executives.

The Asia-Pacific market for natural gas, and in particular, liquefied natural gas (LNG), is likely to stay robust for the long-term, two Singapore-based energy attorneys said last week. A shift also is seen in moving from conventional to more unconventional gas resources.

The Asian market for liquefied natural gas (LNG) is likely to stay robust for the long term, two Singapore-based energy attorneys said Tuesday. They also predicted a shift from conventional to more unconventional gas resources in the region.

The Energy Information Administration (EIA) expects total domestic marketed natural gas production to increase to 69.8 Bcf/d in 2013 from 69.2 Bcf/d in 2012, and to drop slightly to 69.5 Bcf/d in 2014. Growth in Lower 48 onshore production, driven largely by the Marcellus Shale and other shale plays, will continue through 2014, although it will be offset by Gulf of Mexico declines, EIA said.

South Africa’s Sasol Ltd. last week put in all the chips on a bet that U.S. natural gas is here to stay, announcing plans to construct a $16-21 billion natural gas-to-liquids (GTL) plant in Westlake, LA — the second largest commercial plant of its kind in the world.

With one of the state’s two major nuclear power plants expected to stay out of service for at least the rest of this year, California officials Friday showed a reemphasis on natural gas-fired generation, which is the state’s major source of electricity. They gathered in Northern California to officially open a new 300 MW gas-fired plant, the Lodi Energy Center (LEC), touting it as the state’s cleanest and most efficient combined-cycle gas plant.

The power generation and transportation fuel sectors may see substantial gains in natural gas use, but California’s overall natural gas demand is expected to stay essentially flat in the next two decades, according to two recent companion gas reports released by the California Energy Commission (CEC).

While the power generation and transportation fuel sectors could see substantial boosts in natural gas use, California’s overall gas demand is expected to stay essentially flat in the next two decades, according to two recent companion gas reports released by the California Energy Commission (CEC).