Pruitt: Court action shows EPA willing to ‘punish’ oil drillers

The complaint said the "unlawful emissions" came from storage tanks that "are, or until recently were, part of PDC's oil and natural gas production ...…

Pricing

13 Of 28 EU Nations Support Intervention In Nord Stream 2 Deal

The European Union should negotiate the terms of the North Stream 2 pipeline, which would double the existing pipeline’s capacity to bring Russian gas to Europe, according to 13 of 28 nations in the continental bloc, a new Reuters report said. "We had 13 delegations intervening, with all of them being supportive of the Commission's approach," Commission Vice President Maros Sefcovic told Reuters by phone. "I am definitely optimistic about getting the mandate, but I know this is just the beginning of the debate." Germany, which would be the……

Gloomy Outlook Sees Hedge Funds Turns Bearish On Oil

Hedge funds slashed their bets on the three main long oil futures contracts by 109 million barrels in the week that ended on June 20th, according to a new report by Reuters. Fund managers are now holding two long positions for every short position at this point – marking one of the most bearish oil price markets since prices fell in 2014. Hedge funds had placed bullish bets on the Organization of Petroleum Exporting Countries’ (OPEC) ability to reign in the supply glut by cutting output to rebalance markets, but after six months……

  • Spectra Energy
  • FortisBC
  • BC LNG
  • BC Utilities Commission
  • Natural Gas Update

Fast bytes

Shale Gas

‘Incumbents,’ PE Deals Dominating Appalachian NatGas Consolidation

After years of relative inactivity, dealmaking in the Appalachian Basin is once again healthy but tenuous, as the region's larger natural gas producers and private equity firms reassert their dominance in a market filled with both opportunities and risks.…

Gasoline

Fuelfix is moving. Here are the details.

Fuel Fix, the Houston Chronicle’s must-read source for energy industry news and analysis, is moving to chron.com, the Chronicle’s free site. Typing FuelFix.com should redirect you to the new site, which will host the same quality content you’ve come to expect. If you are not automatically redirected, you can click here to go to chron.com/business/energy. The transition ...…

Market Currents: Qatar’s energy exports

Houston’s USD Partners expands to carry Canadian oil sands by rail

California solar company coming to Texas

Oil gives back gains as impact from Middle East dispute seen as limited

Houston gasoline prices unchanged as U.S. average rises slightly

Oil jobs rebound as U.S. drilling fleet grows for 5 straight months

Atmos Energy hiked gas rates while over earning by millions

Exxon may have misled investors on climate costs, New York AG tells judge

Market Currents: Oil still roiled

U.S. coal demand falls to lowest level since ’84

Drillers still haven’t budged on more than 100 big projects costing $300 billion

Three new natural gas deals for BP underscore move toward low-carbon future

Think before you sue: Tips for resolving oil and gas disputes

Oil prices head for big weekly loss as glut lingers

After storms, fights and months of delay, the Dakota Access Pipeline finally opens

Oil

13 Of 28 EU Nations Support Intervention In Nord Stream 2 Deal

The European Union should negotiate the terms of the North Stream 2 pipeline, which would double the existing pipeline’s capacity to bring Russian gas to Europe, according to 13 of 28 nations in the continental bloc, a new Reuters report said. "We had 13 delegations intervening, with all of them being supportive of the Commission's approach," Commission Vice President Maros Sefcovic told Reuters by phone. "I am definitely optimistic about getting the mandate, but I know this is just the beginning of the debate." Germany, which would be the……

Gloomy Outlook Sees Hedge Funds Turns Bearish On Oil

Hedge funds slashed their bets on the three main long oil futures contracts by 109 million barrels in the week that ended on June 20th, according to a new report by Reuters. Fund managers are now holding two long positions for every short position at this point – marking one of the most bearish oil price markets since prices fell in 2014. Hedge funds had placed bullish bets on the Organization of Petroleum Exporting Countries’ (OPEC) ability to reign in the supply glut by cutting output to rebalance markets, but after six months……

Coal