Category: Natural gas

Siemens eyes US expansion amid energy boom

Siemens AG CEO Joe Kaeser suggested Wednesday that the global engineering corporation will bring more operations to the United States amid the nation’s energy boom, because “I want to build this company to last.”  More »

Amid boom, difficulty adding natural gas customers

Natural gas may be abundant in the United States, but finding ways to sell more of it has been a challenge for companies that have supplied it for decades.  More »

Oil prices slip

The price of oil slipped to near $103 a barrel on Wednesday as concerns over Russia’s military advance into Ukraine eased, but the situation remained tense overall.  More »

Bullish future for production, Chesapeake CEO says

From the swampy gas fields of Louisiana to Alberta’s icy tar sands to the jungles of Colombia, the best is yet to come for upstream production, panelists agreed during an afternoon discussion at CERAWeek.  More »

Oil drops as Putin comments cool Ukraine tension

U.S. crude for April delivery fell $1.59 to $103.33 a barrel.  More »

Energy CEO: Climate change is real, driven by humans

BHP Billiton CEO Andrew Maxkenzie, who leads the world’s largest mining company, said that climate change is real and driven by human activity during remarks Tuesday at the annual CERAWeek conference in Houston.  More »

Natural gas vehicles show ‘phenomenal growth’ in China

When it comes to running vehicles on natural gas, China appears more interested than the United States.  More »

Crude oil drops after big jump over Ukraine crisis

The price of crude oil dropped sharply Tuesday after a big jump the day before over concern that Russia’s military advance into Ukraine could result in economic sanctions against one of the world’s major energy suppliers.  More »

Oil prices spike on Russia sanctions fears

U.S. crude for April delivery gained $2.33 to close at $104.92 a barrel.  More »

Report: Marcellus growth not peaking any time soon

Natural gas production from the booming Marcellus Shale will represent nearly a quarter of U.S. production by 2015, according to a new report published this morning by analysts at Morningstar.  More »

Natural gas advances a second day on frigid start to March

Natural gas advanced for a second day in New York on speculation that a frigid start to March will erode stockpiles of the heating fuel that already are at 10-year seasonal lows.  More »

Exterran to buy Chesapeake assets for $360M

Natural gas services contractor Exterran Partners said Friday it plans to buy hundreds of midstream compression units from Chesapeake Energy for $360 million.  More »