Category: Natural gas

Natural gas becomes haven in gold plunge

Natural gas, the worst-performing and most volatile commodity of the past decade amid a glut in supply, is replacing gold as a haven for commodity investors as the metal slumps.  More »
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Scary day for natural gas before inventories report

Today’s U.S. natural gas storage report is the most important of the year as it may support last week’s data that sent prices down by the most in nine months, according to Schork Group Inc.  More »
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Pa. proposes gas drilling health advisory panel

A Pennsylvania politician wants to create an advisory panel to examine possible health issues related to Marcellus Shale natural gas drilling.  More »
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Interview With Nick Grealy, The Shale Gas Guru

Nick Grealy is one of the leading advocates of shale gas in Europe. As well as being the publisher of the site No Hot Air, Nick consults on the impact of shale gas, and has appeared in front of UK Parliamentary Committees and on such shows as BBC’s Newsnight to discuss the topic. Nick is very passionate, [...]  More »
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Judge asks environmentalists for ideas to punish company

U.S. District Judge William Smith said that the high court’s decision means he is limited to fining Southern Union Co. $500,000 or the equivalent in community service  More »
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LNG plants on barges a solution for shale

Onshore natural gas stole the attention of offshore experts Monday morning at the Offshore Technology Conference in Houston.  More »
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Inergy to buy gas processor Crestwood for $1.25 billion

Inergy Midstream LP, the pipeline partnership that began trading publicly 18 months ago, agreed to buy Crestwood Midstream Partners LP for $1.25 billion in stock and cash, adding natural gas processing capabilities as it seeks to capitalize on rising U.S. output of the fuel.  More »
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Anti-fracking laws in New York towns upheld on appeal

Anti-fracking laws passed in two New York towns were upheld by an appeals court, which rejected arguments by a dairy farm and a Norwegian energy company that the bans are superceded by state law.  More »

Natural gas tumbles most in nine months after stockpile increase

Natural gas futures dropped the most in nine months in New York after a government report showed that U.S. stockpiles expanded by more than forecast.  More »

Chesapeake registers a profit, despite troubles

Chesapeake Energy Corp. boosted production and reported better-than-expected earnings for the first quarter, despite continued struggles with debt.  More »

NM county ordinance bans oil, gas development

A sparsely populated county in northern New Mexico has taken aim at the oil and natural gas industry, approving an ordinance that outlaws the extraction of the natural resources and puts the county’s decision-making rights ahead of business interests and federal and state permits.  More »

India Group said top bid for $6 billion Mozambique gas

State-backed Oil & Natural Gas Corp. (ONGC) and Oil India Ltd. (OINL) are the leading joint bidders for the stake in a Mozambique gas field being sold by Anadarko Petroleum Corp. (APC) and Videocon Industries Ltd. (VCLF), three people with knowledge of the discussions said.  More »
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