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Pioneer Natural Resources Co., the first independent producer to ply Alaska’s North Slope, is selling its Alaska business unit to focus on West Texas.

Shale production will accelerate growth in demand for natural gas, and eventually revive drilling, by stabilizing supplies and prices for decades to come, Canada’s National Energy Board (NEB) has been told (see Shale Daily, Oct. 22).

Encana Corp. recorded its second consecutive profitable period in the third quarter, and the move to oil and natural gas liquids (NGL) also trended higher, with volumes up 92% year/year, the Calgary operator said Wednesday.

Utilities in Florida have received approval from the state’s Public Service Commission (PSC) to bill customers surcharges to cover the cost of replacing aging cast iron and bare steel natural gas distribution pipelines.

The Lower 48 land rig market has “digested” the transition to oil-directed drilling, but there’s still an oversupplied pressure pumping market, brought about in part by efficiency gains, Nabors Industries Ltd. CEO Tony Petrello said Wednesday.

The Department of Energy’s (DOE) conditional approvals of permits for liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries may not pass muster in the financial and legal sectors, an industry executive told an audience of energy attorneys Wednesday.

Carbon dioxide (CO2) emissions from energy use in the United States last year reached their lowest levels in two decades, in part from a combination of more natural gas use for electric generation, as well as recent mild winters and reduced transportation demand, according to reports published this week by the U.S. Energy Information Administration (EIA) and the U.S. Environmental Protection Agency (EPA).

The Commodity Futures Trading Commission (CFTC) on Wednesday announced an anticipated publication schedule for reports that were delayed by the recent federal government shutdown.

Wunderlich Securities is holding steady on its forecast for U.S. natural gas prices, but other analysts aren’t quite as optimistic about what’s ahead through the end of this year and into 2014.