Category: Natural gas

Feds’ new LNG export plan benefits Cheniere

The Energy Department on Thursday upended the way it vets proposals to export liquefied natural gas, formally implementing a new approach that gives an advantage to projects that have already completed an expensive environmental review. The biggest winner under the new approach is Houston-based Cheniere Energy.  More »

Deals bring in $2.1 billion, additional acreage to Shell Oil Co.

Shell Oil Co. today announced a pair of deals Thursday morning in which it will give up onshore gas operations in Wyoming’s Pinedale and Louisiana’s Haynesville fields in exchange for $2.1 billion and additional acreage in Pennsylvania.  More »

Coal imports fall as natural gas advances

Imports of coal for electric power plants have fallen from a peak level of 30 million tons in 2007 to less than 7 million in 2013.  More »

Companies take a big step toward LNG export plant in Louisiana

Sempra Energy, GDF Suez and other investors have made a final decision to move forward with a liquefied natural gas export plant in Hackberry, La.  More »

Chesapeake profits down on natural gas glut

Second-quarter net income plunged by more than half compared to a year earlier even as the company cut spending and raised production.  More »

Old power plant site may provide energy again.

An old Houston Lighting & Power generating plant just outside South Loop 610 could get new life turning natural gas into crude oil.  More »

Oil falls to 6-month low on refinery outlook

Oil dropped 91 cents, or 0.9 percent, to close at $97.38 a barrel on the New York Mercantile Exchange.  More »

Marcellus Region’s natural gas production reaches record high

Natural gas production from the Marcellus Shale in the Northeastern United States has reached 15 billion cubic feet per day, a more than sevenfold increase since 2010.  More »

Grouse measures defer drilling in much of Wyoming

The total area of federal oil and gas leases deferred in Wyoming to protect the greater sage grouse — ahead of next year’s expected decision on whether the bird is a threatened or endangered species — substantially exceeds the combined size of Yellowstone and Grand Teton national parks, U.S. Bureau of Land Management figures show.  More »

Small gas-to-liquids plant planned for former Houston power plant site

Capitalizing on an abundant supply of cheap natural gas, Biofuels Power Corporation plans to build a small-scale plant to convert natural gas to synthetic crude on a former power plant site south of downtown Houston, the company announced Monday.  More »

Low cost gas, energy efficiency could mean low costs for some manufacturers, report says

A lower price of natural gas means lower costs for industries that use it–especially metal durable goods.  More »

Kinder Morgan to expand pipeline to ship natural gas to Mexico

Kinder Morgan Energy Partners’ affiliate El Paso Natural Gas Co. has begun a half-billion-dollar pipeline system upgrade so it can fulfill a deal to send to natural gas to Mexico.  More »