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Goldman says shale gas boom driving fear from market

Fears of gas shortages have dissipated since 2005. The U.S. Energy Information Administration forecasts natural gas prices will average below $5 through 2023 and less than $6 until 2030.  More »

Koch to start European power trading as it plans LNG expansion

Koch Supply & Trading will start buying and selling European electricity and expand its liquefied natural gas business to take advantage of a globalizing market for the fuel.  More »

Crumbling US grid gets jolt driving smart Houston power

When fully deployed, CenterPoint’s intelligent grid will give the utility unprecedented control and insight into its almost 50,000 miles of power lines and systems.  More »

France sells stake in GDF to raise $2 billion for Alstom

France sold a $2 billion stake in GDF Suez SA, the country’s largest natural-gas distributor, as it seeks cash to buy a holding in Alstom SA.  More »

Rooftop solar leases scaring buyers when homeowners sell

For people who own rooftop power systems, solar adds value to the home. Leased systems are another story.  More »

Keystone pipeline path illegal, foes tell Nebraska court

Nebraska landowners opposed to the proposed $5.4 billion Keystone XL pipeline urged the state’s highest court to uphold a judge’s ruling invalidating the route mapped by Governor Dave Heineman and TransCanada Corp.  More »

Statoil strikes out in well at center of Greenpeace standoff

Statoil ASA failed to find oil in the northernmost site ever drilled off Norway’s Arctic tip.  More »

LNG rally fading on new supplies to Asia

The three-year rally in liquefied natural gas is cooling as Asia-Pacific supplies jump and demand slows from Japanese utilities preparing to restart nuclear reactors.  More »

Nuclear regulators ‘overwhelmed’ as China races to launch world’s most powerful reactor

China is moving quickly to become the first country to operate the world’s most powerful atomic reactor even as France’s nuclear regulator says communication and cooperation on safety measures with its Chinese counterparts are lacking.  More »

Half-price Kurd oil threatens Iraq breakup with Turkish help

A tanker containing a million barrels of crude oil is floating around the Mediterranean, and its cargo is available at half-price. Yet if any country seizes the bargain, it may be pushing Iraq closer to disintegration.  More »

Enbridge’s toughest Gateway Pipeline tests still to come

Aboriginal and environmental groups are preparing legal challenges and blockades to halt construction of the pipeline.  More »

Obama pick to head FERC advances with compromise

Norman Bay and Cheryl LaFleur won Senate committee approval to be members of the Federal Energy Regulatory Commission as part of a compromise with the Obama administration on who would lead the agency.  More »

Breaking Bad meets Fargo in underbelly of shale boom

Along with oil prosperity in North Dakota has come a spasm of crime unlike any before on the prairie. Where farmers once sealed deals with a handshake, authorities now contend with drug gangs, meth labs, and violent crimes.  More »

Brazil energy giant buys $1.2B of pain in Texas

At least four federal investigations in Brazil are currently looking into Petrobras’ purchase of a Texas refinery and the decisions of officials including President Dilma Rousseff, the Petrobras chairman at the time of the purchase.  More »

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »
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