Category: Natural gas

Oil falls again on eve of OPEC meeting

West Texas Intermediate for January delivery fell 40 cents to close at $73.69 a barrel on the New York Mercantile Exchange.  More »

Northeast natural gas prices still well above average despite warmer winter

The EIA says lower production and lack of pipeline capacity are to blame.  More »

Q&A: Oil eventually will lose its place as leading auto fuel

Henrik Madsen, the CEO of Norway’s international shipping and oil field equipment classifier DNV GL, says oil’s best value is as a chemical feedstock, and that eventually natural gas will replace it as a motor fuel.  More »

Oil rises again on Chinese interest rates

WTI for January delivery advanced 66 cents to settle at $76.51 a barrel on the New York Mercantile Exchange  More »

Oil price has its first gain in four days

WTI for January delivery, the most-actively traded, rose $1.35, or 1.8 percent, to $75.85 a barrel on the New York Mercantile Exchange.  More »

As deadline on proxy vote for major deal nears, Kinder Morgan seeks to sway investors

While Richard Kinder himself is strongly in favor of the deal, a few smaller investors have raised concerns that the move away from the tax-advantaged master limited partnership structure will cause problems.  More »

Oil falls as investors speculate on OPEC production cut

“There’s an established bearish trend and nothing out there to stand in the way of a further move lower,” Tim Evans, an energy analyst at Citi Futures Perspective.  More »

Natural gas well positioned for coming winter, industry group says

America’s Natural Gas Alliance, an industry group that represents producers, said that a large investment in infrastructure and a rapid buildup in inventories has made more natural gas available this winter than last, despite 2014’s cold winter that left storage of the fuel at decade-long lows.  More »

Freeport LNG obstacles cleared in two rulings

Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday.  More »

EIA: Natural gas storage inventories rebounding

Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report.  More »

Massive Siemens gas turbine takes a ride to Florida

FPL started construction on the $1.2 billion plant in the first quarter of 2014 and expects it to come online in 2016.  More »

LNG exports could increase production and price of gas, report says

Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis.  More »

Production starts at natural gas development in Malaysia

Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017.  More »

Freeport LNG holds groundbreaking ceremony

The first construction will build two liquefaction trains, which will cool natural gas until it becomes a liquid more suitable for shipping overseas.  More »

Now energy-rich, Israel seeks oil and gas partners

Amit Lang, director general of Israel’s Ministry of Economy, was in Houston recently seeking investment in the country’s nascent energy industry, and says it can offer high-tech water treatment and cyber-security technology in return.  More »
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