Category: Natural gas

Oil ends the week down 1.6 percent

But benchmark U.S. crude finished the month up nearly 3 percent.  More »

Obama’s new carbon limits could boost gas demand

The Obama administration’s looming new plan to cut carbon dioxide emissions from power plants could help boost electric utility’s demand for natural gas by as much as 45 percent, according to rough calculations from a leading industry trade group.  More »

US net gas imports drop as production hits record volume

U.S. net imports of natural gas fell 14 percent in 2013, according to a new federal report, as preliminary data showed domestic production of dry gas hit a record high.  More »

Fracking sucks money from wind while China eclipses US

U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.  More »

Texas regulators: Can’t tie water contamination to drilling

A geologist for Texas regulators wrote that the agency has determined that there is insufficient evidence tying drilling to methane contamination beneath a Texas neighborhood and the agency will not investigate further.  More »

Oil drops on expected rise in U.S. supply

Crude for July delivery fell $1.39 to close at $102.72 a barrel.  More »

Dominion proposes gas pipeline on East Coast

Dominion Resources Inc. has proposed building a 450-mile pipeline to bring natural gas from the Appalachian Basin to markets in Virginia and North Carolina.  More »

ExxonMobil makes first LNG shipment from Papua New Guinea

ExxonMobil Corp. says it’s made its first shipment of liquefied natural gas from a $19 billion project in Papua New Guinea.  More »

Possible solution found in Ukraine gas dispute

EU Energy Commissioner Guenther Oettinger stressed “we are not done” but said he is optimistic of an agreement.  More »

Oil futures down to near $104 after Ukraine vote

Natural gas fell after a proposed solution to a dispute over Ukrainian natural gas debts to Moscow was revealed, raising hopes that a supply cutoff would be averted.  More »

Exxon LNG project in talks with Asia customers on spot sales

Exxon Mobil Corp., operator of a $19 billion liquefied natural gas project in Papua New Guinea, is talking to customers in Asia about selling cargoes on the spot market.  More »

Oil eases but remains near $104 a barrel

The U.S. oil price hit a one-month high earlier in the week.  More »