Took

January natural gas inched lower Thursday as traders took the opportunity to sell into a seemingly bullish government inventory report and looked ahead to forecasts calling for above-normal temperatures. The Energy Information Administration (EIA) reported a withdrawal from inventories of 102 Bcf for the week ended Dec. 9, a greater draw than what the market was looking for. At the close, however, January had eased 0.9 cent to $3.127 and February had shed 1.0 cent to $3.177. January crude oil fell $1.08 to $93.87/bbl.

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

Williams took decisive action to build its estimable U.S midstream operations last week ahead of its spinoff of the exploration and production (E&P) unit after entering negotiations to buy a Marcellus Shale system.

While the Keystone XL pipeline languishes along with plans for increased oil exports to and through the U.S., Canadian oil exporters took a step Thursday towards building new Asian trading relationships by launching reliable tanker deliveries overseas from the Pacific coast of British Columbia.

While the Keystone XL pipeline languishes along with plans for increased oil exports to and through the U.S., Canadian oil exporters took a step Thursday towards building new Asian trading relationships by launching reliable tanker deliveries overseas from the Pacific coast of British Columbia.

Plains All American Pipeline LP (PAA) last week took several steps to expand its North American oil and natural gas operations with the biggest an agreement to buy BP plc’s Canadian natural gas liquids (NGL) and liquefied petroleum gas (LPG) business.

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

The Federal Reserve Board took notice of an expanding shale gas industry in parts of the country as the national economy grew at a moderate pace, according to a report released Wednesday.

The California Public Utilities Commission (CPUC) took two actions Thursday related to private-sector utility ratepayer surcharges that can add up to hundreds of millions of dollars. One action most directly affects natural gas utility charges and the other electricity rates.