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Natural gas slowdown costs at least $1.5B in capital spending in 2015

2015-03-10 22:28:04| Oil & Gas - Topix.net

Most publicly traded drillers in the Marcellus Shale have cut back on their spending plans for 2015, although Southwestern Energy is upping its capital spending. Five natural-gas producers with significant operations in southwestern Pennsylvania have reduced their capital budgets collectively by 23 percent - or $1.5 billion - according to numbers reported in operational guidance.

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Mack Pinnacle natural gas trucks now offered with Eaton UltraShift Plus and Wingman collision mitigation

2015-03-10 14:55:37| Green Car Congress

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Three key takeaways from Piedmont Natural Gas' earnings call

2015-03-10 10:11:03| Energy - Topix.net

Piedmont Natural Gas executives told analysts Monday they don't anticipate any general rate increases in the near future and outlined what they see as a solid foundation for 2015 in a quarter that missed analysts' expectations . a Customer additions are up across all categories from a year ago.

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US oil and natural gas rig count drops by 75 to 1,192

2015-03-07 00:37:05| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 75 this week to 1,192 amid depressed oil prices. Baker Hughes said Friday 922 rigs were seeking oil and 268 were exploring for natural gas, with two listed as miscellaneous.

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Xcel Energy seeks $109 million increase in Colorado natural gas rates

2015-03-04 10:43:44| Energy - Topix.net

Xcel Energy is seeking $109 million in rate increases from its natural gas customers over three years, which would raise the average household bill 9.6 percent to $56.36 a month. The Minneapolis-based utility company, which has about 1.3 million natural gas customers in Colorado, filed its rate request Tuesday with the Colorado Public Utilities Commission.

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