Category: Natural gas

Oil back above $100 on China data, OPEC outlook

Benchmark U.S. crude for March delivery rose 43 cents to $100.37 a barrel.  More »

Worker remains missing as Chevron well continues to burn

State environmental officials and expert firefighters brought in by Chevron have been continuing to monitor a burning Marcellus Shale natural gas well in Pennsylvania. One worker still is unaccounted for.  More »

Chesapeake’s new financial approach pays off in debt market

Chesapeake Energy’s new financial discipline has shareholders worried about energy production declines but has pleased bondholders with stricter spending levels.  More »

Oil closes below $100 after Fed leader’s testimony

Federal Reserve Chair Janet Yellen said she expects a “great deal of continuity” with her predecessor.  More »

Feds grant sixth license to export US natural gas

Sempra Energy nabbed a critical license to broadly export natural gas from its Hackberry, La. facility on Tuesday, marking the sixth such approval handed down by the Obama administration.  More »

PetroChina parent finds enough gas to meet demand for two years

China National Petroleum Corp., the country’s biggest oil and natural gas producer, discovered a natural gas reserve that is big enough to supply the nation’s needs for two years.  More »

Feds launch new well-mapping tool

On Monday, the U.S. Energy Information Administration unveiled a new mapping system on its website that includes the specific location of oil and gas wells, giving users an opportunity to see developments in specific plays.  More »

Oil above $100; new Fed chair’s comments awaited

At the gas pump, prices appear to be starting their annual climb ahead of the U.S. driving season.  More »

Guest commentary: Low, stable natural gas price keeps heating bills in check

Daniel Whitten, of the trade association America’s Natural Gas Alliance, says the price of natural gas is stable, despite a predictable uptick when cold weather increases heating demand.  More »

Smaller companies join move to natural gas vehicles

Natural gas has become the fuel of choice for several large companies with vehicle fleets. Now, smaller firms are beginning to catch on to the trend, too.  More »

Oil briefly tops $100 as demand for fuel rises

Benchmark U.S. crude gained $2.04 to close at $99.88 a barrel.  More »

Low on natural gas, California told to power down

With a move that usually comes in the height of summer when temperatures are soaring and air conditioners blasting, Californians were urged to voluntarily cut their electricity use after frigid weather across the U.S. and Canada caused a shortage of natural gas at Southern California power plants.  More »