Throwing

The U.S. natural gas-directed rig count this year has fallen even more than in 2009, but production continues to grow, throwing into question its future trajectory “perhaps greater than ever before,” according to Barclays Capital.

The U.S. natural gas-directed rig count this year has fallen even more than in 2009, but production continues to grow, throwing into question its future trajectory “perhaps greater than ever before,” according to Barclays Capital.

Following last week’s ruling by a federal court in Washington, DC, throwing out the CFTC position limit rule, CME Group said Wednesday it is scrapping revisions to its current position limit rules, which the exchange operator had planned in order to comply with the new regulatory landscape.

Governments of Canada’s producing provinces are throwing their weight behind the country’s foray into exporting liquefied natural gas (LNG) to Asia.

Governments of Canada’s producing provinces are throwing their weight behind the country’s foray into exporting liquefied natural gas (LNG) to Asia.

SandRidge Energy Inc. is pushing ahead on plans to become a niche natural gas player after throwing down a bid close to midnight last Tuesday to buy bankrupt Crusader Energy Group Inc. in a cash and stock transaction worth an estimated $230 million.

SandRidge Energy Inc. is pushing ahead on plans to become a niche natural gas player after throwing down a bid close to midnight Tuesday to buy bankrupt Crusader Energy Group Inc. in a cash and stock transaction worth an estimated $230 million.

Mitsubishi Corp.’s Sound Energy Solutions (SES) isn’t throwing in the towel yet, despite a California state court ruling last Monday that upheld the Port of Long Beach’s termination of the environmental review of a proposed SES liquefied natural gas (LNG) terminal in Long Beach Harbor. SES Executive Vice President Tom Giles told NGI Wednesday his firm will decide in April what its options are and whether to appeal.

Throwing its hat into the crowded electronic energy trading arena, Briarcliff Manor, NY-based Optionable Inc., a provider of natural gas and other energy derivatives brokerage services, announced last week that it has commenced trading on its OPEX platform. OPEX is a real-time electronic trade matching and brokerage system that has been certified to connect with the Nymex ClearPort clearing platform.