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Thanks to its acquisition of Dominion’s natural gas exploration and production business, longtime coal giant Consol Energy is making its name in the natural gas sector as the Canonsburg, PA-based diversified energy producer continues to analyze its position in the Marcellus and Utica shales.

Thanks to its acquisition of Dominion’s natural gas exploration and production business, longtime coal giant Consol Energy is making its name in the natural gas sector as the Canonsburg, PA-based diversified energy producer continues to analyze its position in the Marcellus and Utica shales.

The potential for a late summer natural gas price collapse may not be as high as analysts had predicted a few months ago, thanks to hotter-than-expected weather and a moderation in gas supply going forward, but prices aren’t expected to gain much strength for some time, energy analysts predicted.

The potential for a late summer natural gas price collapse may not be as high as some analysts had predicted a few months ago, thanks to hotter-than-expected weather and a moderation in gas supply going forward, energy analysts predicted Monday.

Thanks to strong oil prices, Calgary-based Nexen Inc. posted strong first quarter earnings on Tuesday as the company continues to divest portions of its energy marketing business in order to focus on core competencies.

Thanks to strong oil prices, Calgary-based Nexen Inc. posted strong first quarter earnings on Tuesday as the company continues to divest portions of its energy marketing business in order to focus on core competencies.

Realized gas prices in Questar Corp.’s exploration and production (E&P) unit took a hit during the third quarter, but it wasn’t as bad as it could have been thanks to hedges, which mitigated the impact and increased revenues by $156.7 million, or $4/Mcf. Questar CEO Keith O. Rattie would prefer that the Commodities Futures Trading Commission (CFTC) and lawmakers not curtail his and other companies’ hedging options.

Realized gas prices in Questar Corp.’s exploration and production (E&P) unit took a hit during the third quarter, but it wasn’t as bad as it could have been thanks to hedges, which mitigated the impact and increased revenues by $156.7 million, or $4/Mcf. Questar CEO Keith O. Rattie would prefer that the Commodities Futures Trading Commission (CFTC) and lawmakers not curtail his and other companies’ hedging options.

Thanks to the Bakken Shale, North Dakota oil production set a record last year; however, the oil bounty also drove up the flaring of associated gas to a high of more than one-third of production last December, according to the state’s Department of Mineral Resources (DMR).