Category: Natural gas

Natural gas inventories rise quickly after large drawdown

Natural gas storage is quickly catching up the five-year average level after a larger than reduction of inventories in the most recent, harsh winter, according to a new report form the Energy Information Administration.  More »

Brent crude tumbles to two-year low

The European benchmark’s decline narrowed the premium to West Texas Intermediate oil.  More »

CPUC Abandons Safety in PG&E Decision

After four years of political limbo, administrative law judges for the California Public Utilities Commission (CPUC) last week released their recommended enforcement actions against California’s largest utility.  Stemming from PG&E’s 2010 pipeline explosion in San Bruno, the recommendation will do little, if anything, to improve safety, and could actually undermine the company’s efforts to upgrade […]  More »

Russian gas supplies to Poland drop by a quarter

Some commentators believe it to be retaliation by Moscow against Poland for its decision to help Ukraine with gas.  More »

Official says fighting in Iraq delays Iran gas exports

Oil Minister Bijan Zanganeh said the pipeline goes partly through territory now controlled by the Islamic State group.  More »

Crude settles below $92 a barrel

Crude inventories fell 972,000 barrels to 358.6 million last week, the Energy Information Administration said.  More »

Cameron LNG export terminal can break ground

The Energy Department on Wednesday handed critical final government licenses to the Cameron LNG project in southwestern Louisiana and a much smaller Florida facility, giving both approval to widely export natural gas around the globe. The two projects now are part of an elite club, joining only one other would-be LNG exporter in the continental United States to be fully authorized.  More »

Statoil, partners expand effort to put flared natural gas to use

Statoil, GE and Ferus Natural Gas are expanding use of technology designed to fuel oil field equipment with natural gas that otherwise would be flared off into the atmosphere.  More »

Brent crude narrows premium over West Texas benchmark

Brent for October settlement fell $1.04, or 1 percent, to $99.16 a barrel.  More »

Natural gas industry unveils security program

A new program led by natural gas utilities could help improve the safety of their infrastructure by allowing them to more effectively share information about the threats they’re facing.  More »

Israel looks to Texas for energy investment, expertise

Texas, with its history of oil booms and busts, offers expertise for a country new to the energy game.  More »

Alaska LNG Project takes step forward with FERC filing

The Alaska LNG project is a joint effort among Exxon Mobil, ConocoPhillips, BP, TransCanada and the state of Alaska that aims to run an 800-mile pipeline from Alaska’s North Slope to a natural gas liquefaction plant in the town of Nikiski on the southern coast’s Cook Inlet.  More »
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