Our historically low natural gas prices are suppressing power prices across the United States. Renewable energy is competing with natural gas that is ...…
Transforming corporate clean energy commitments into action
Natural Gas Price Fundamental Daily Forecast – Traders Looking for Increased Demand This Week
Natural gas prices weakened early in the session before turning higher early Monday. Despite last week's steep 2.07 percent sell-off, there wasn't ...…
Eastman Business Park cleans up
A new utility infrastructure owner, and its focus on the switch from coal to natural gas, makes the park attractive to environmentally conscious clients, ...…
Cenovus reaches agreement to sell Suffield assets for more than half a billion dollars
Barrels of Oil Equivalent – Natural gas volumes have been converted to barrels of oil equivalent (BOE) on the basis of six thousand cubic feet (Mcf) to ...…
Test area shrinks for drilling near Rulison nuke site
A revised plan of testing for radioactivity by oil and gas companies ... to try to boost natural gas production in the Williams Fork sandstone formation.…
Natural Gas Poised to Light Up in China
The nation's economic mandarins have long advocated cleaner-burning natural gas as an alternative, but have been stymied by high prices, rapidly ...…
Marshall Wace North America LP Takes $1.01 Million Position in Archrock, Inc. (NYSE:AROC)
Marshall Wace North America L.P. acquired a new stake in Archrock, Inc. ... Archrock, Inc is a natural gas contract operations services company.…
Marshall Wace North America LP Has $948000 Holdings in ONE Gas, Inc. (NYSE:OGS)
Marshall Wace North America L.P. grew its position in ONE Gas, Inc. ... The Company distributes natural gas in Oklahoma, Kansas and Texas.…
Harvey caused temporary fuel shortage
In 2015, U.S. natural gas exports to Mexico topped 1 trillion cubic feet ... The hurricane caused a temporary shortage of fuel because oil and gas ...…
Australia PM says to curb LNG exports if producers do not fill shortfall
MELBOURNE, Sept 25 (Reuters) - Australian Prime Minister Malcolm Turnbull said his government will curb liquefied natural gas (LNG) exports in ...…
Weekly NatGas Cash, Futures Part Company As Market Reels From Storage Stats
Both physical and financial natural gas markets were poised to make healthy gains by midweek, but the weekly Energy Information Administration (EIA) storage report stunted gains in the physical market, and pushed the October futures into the l...…
Nigerian Oil Output Below 1.8 Million BPD Quota
Nigerian oil production remains below 1.8 million barrels per day, in compliance with a quota set on the African nation by OPEC earlier this year in response to its explosive output growth through 2017. Oil Minister Emmanuel Ibe Kachikwu made the announcement in Vienna, where the Organization of Petroleum Exporting Countries’ headquarters is located. The bloc has already agreed to extend output cuts through March 2018, although another extension may be in the works. Nigeria and Libya had both been exempt from the agreement when it was first……
Colorado Landfills Contain Radioactive Substances From Oil Sector
Landfills in Colorado have begun to fill their space with low-level radioactive substances from oil and gas activities, state health officials have said, according to the local news site the Daily Camera. After a series of meetings with local officials, state authorities have concluded that unknown amounts of radioactive material have been stored at landfills throughout the state. Local authorities are currently trying to prohibit the practice altogether by strengthening their oversight mechanisms. "There is some of it that is just going to solid……
Eagle Ford Sees Surge In Production
Sanchez, Chesapeake dominate Dimmit County with 210 permits in 2017 While it has been recently eclipsed by the Permian, the Eagle Ford in South Texas remains one of the most important shale basins in the world. According to the EIA, the basin will produce 1,280 MBOPD in September, making it the second-largest oil-producing basin in the U.S. Despite temporary interference from Hurricane Harvey there are currently 71 rigs active in the basin, making the Eagle Ford second in drilling activity as well. Just like any other area of Texas, these rigs……
What A Fed Rate Hike Means For U.S. Shale
North American shale oil and gas companies have proven that they can adapt their business model through the lower crude oil prices cycle. Now, the new challenge for shale producers is how to adjust their financial strategy when the Federal Reserve (Fed) raises interest rates. Since the 2007 financial crisis, the Fed interest rate has declined from 5 to 1.25 percent, having hit the record low of 0.25 percent in December 2008, just four months after the Lehman Brothers bankruptcy that triggered a domino effect across……
Lawmaker Seeks Halt to Delaware River Basin Plan to Curb NatGas Development
A Republican state lawmaker from Northeast Pennsylvania plans to soon introduce a resolution urging the Delaware River Basin Commission (DRBC) not to move forward with plans to ban high-volume hydraulic fracturing (fracking) in the 13,539-sq...…
Quebec Proposes Modifying Oil, NatGas Regulations
The provincial government of Quebec has published a draft version of proposed regulations governing oil and natural gas activities in the province.…
Antero Nets $1B-Plus in Stock Offering, NatGas Hedge Restructuring
Antero Resources Corp. said Thursday that it earned more than $1 billion through a stock offering and changes to its natural gas hedge portfolio, securing some of the cash it needs to support year/year production growth of 20-22% through 202...…
Oryx to Build 220-Mile Crude Oil System in Permian Delaware
After closing on a long-term oil transportation agreement, Oryx Midstream Services II LLC plans to begin building a 220-mile crude oil transportation pipeline system to serve the Permian Basin’s Delaware sub-basin, with initial capacit...…
Harvey’s flooding blamed in major gasoline spill in Texas
The spill was first reported to state and federal officials on Aug. 31, but no volume was given at that time. The company next reported the spill was 1,000 barrels. In a report filed last week and released Monday, Magellan put the spill 10 times higher at 10,988 barrels.…