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April natural gas was set to open about 2 cents higher Wednesday at around $2.773 as overnight guidance continued to trend colder, including potential for more frigid temperatures to return in late March.

For the second time in three days, the Department of Interior's (DOI) Bureau of Land Management has removed parcels scheduled for an upcoming oil and gas lease sale, this time involving acreage in DOI Secretary Ryan Zinke's home state of Montana.

After winning a contested Canadian environmental approval for deep sea drilling offshore Nova Scotia, the Atlantic oil and gas hunt aims to sail farther northeast onto the Grand Banks of Newfoundland.

Southern California Gas Co. in the past two weeks has had to withdraw natural gas supplies from its hobbled major underground storage facility Aliso Canyon, prompting protests on Tuesday by residential activist and environmental groups who want the 86 Bcf capacity facility closed.

Slow and steady wins the race, an approach that ConocoPhillips is using to develop the Eagle Ford Shale and Permian Basin to ensure it can keep up with ever evolving technology, CEO Ryan Lance said Tuesday.


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