Category: Natural gas

India said to mull lowering natural gas price 10 percent as energy costs plunge

The government continues to work on a plan to allow a premium for gas produced from deep-water fields, the official said.  More »

2 U.S. funds to invest $900 million in Mexican gas pipeline

The Los Ramones pipeline will transport natural gas from Texas to Mexico.  More »

A Bright Future for Renewable Energy

During the preceding decade, adoption of renewable technologies experienced rapid growth. This advancement is in response to new technologies, available energy storage, policy changes, and greater investment in renewable sources. Renewables, solar and wind power especially, have far surpassed coal and natural gas in industry growth. According to an article in the Washington Post, energy […]  More »

Cyprus draws Norway parallel after latest gas quest failure

President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.  More »

Natural gas inventory build sends prices plummeting

The Energy Department reported that natural gas in U.S. storage rose by 12 billion cubic feet to 1.48 trillion cubic feet.  More »

Statoil, West Virginia agree on deal for drilling under Ohio River

The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.  More »

Carl Icahn boosts stake in Chesapeake Energy

The activist investor’s total stake in the natural gas-producing company has grown to 11 percent.  More »

Northeast gas pipeline progresses, to some landowner dismay

Of 651 landowners in New York and Pennsylvania affected by the $700 million pipeline project, 125 refused to sign right of way agreements.  More »

Judge rules shale gas pipeline can cross holdout properties

U.S. District Judge Malachy Mannion ruled that the Constitution Pipeline has the necessary permits from the Federal Energy Regulatory Commission and that it serves the public interest by providing additional natural gas pipeline capacity.  More »

Natural gas withdraw withers as winter nears end

U.S. Energy Information Administration weekly data showed a withdraw of 45 billion cubic feet, bringing total inventories to 1.47 trillion cubic feet.  More »

Southwestern Energy sells Pennsylvania pipelines for $500 million

Natural gas producer Southwestern Energy will sell its gathering assets in Pennsylvania for $500 million, the company announced Thursday morning.  More »

Iran producing more natural gas from field shared with Qatar

During a ceremony marking inauguration of the expansion project, President Hassan Rouhani claimed the increased gas production proved Western sanctions were ineffective.  More »

Businesses upbeat on Egypt’s chances at investment meeting

Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.  More »

Continued cold weather driving natural gas demand

The U.S. Energy Information Administration said that working gas in storage fell by 198 billion cubic feet for the week ending March 6.  More »

Cheap Brent adds risk to planned LNG investments

As oil prices have fallen, so has the margin export projects hope to capture by selling cheaper U.S. gas onto the global markets.  More »
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