Category: Natural gas

Natural gas futures fall despite frigid temperatures

Not even powerful cold could save natural gas prices.  More »

GDF Suez to lower spending on oil crash as 2014 profit falls

GDF Suez had lowered its 2014 profit forecast because two nuclear reactors in Belgium remained halted due to safety checks of cracks in their cores.  More »

Putin threatens Ukraine with gas cutoff

Putin said that Ukraine’s latest payment would be good only for another three to four days, warning that Russia will have to turn off the tap if Ukraine doesn’t remit payment quickly.  More »

Enterprise Products, Anadarko, Markwest and DCP announce joint venture for NGL pipeline

Under the terms announced, Enterprise will continue to own 55 percent of the line that connects to its processing and storage hub in Mont Belvieu, Texas.  More »

Natural gas inventories rise above five-year average levels

Strong production and a milder winter have had inventories slowly recovering back toward more normal levels.  More »

84th Texas Legislature: Energy Consumer Watchlist

The 84th session of the Texas Legislature is in full swing, with scores of bills already filed that could end up helping or harming Texas energy consumers.  More »

Walker plans to pursue 2 export-capable gaslines

The state faces projected multibillion-dollar budget deficits amid a crash in oil prices, and the stand-alone project was among the big-ticket projects for which Walker late last year had halted new spending pending a review.  More »

NiSource planning billions in midstream investment

NiSource CEO Robert Skaggs indicated that the company would continue to look for ways to move natural gas from Marcellus and Utica plays to markets in the mid-Atlantic.  More »

Oil rises to highest this year amid Libyan, Iraqi disruptions

West Texas Intermediate oil for March delivery rose 75 cents from Friday’s settlement to $53.53 a barrel on the New York Mercantile Exchange.  More »

Enable Midstream to cut 10 percent of its workforce

Enable’s main offices are located in Oklahoma city, but the company operates its interstate pipeline segment in Houston.  More »

Brent crude settles over $60 a barrel in London

West Texas Intermediate oil for March delivery advanced $1.57 to settle at $52.78 a barrel on the New York Mercantile Exchange.  More »

1,100 natural gas utility workers on Long Island eye walkout

A union spokesman says Thursday that contract talks are ongoing with National Grid in an effort to avoid a walkout.  More »

Pennsylvania governor to unveil natural gas severance tax proposal

Gov. Tom Wolf pledged during his campaign for governor to impose a 5 percent severance to help wipe out cuts in public school aid under his predecessor, Republican Tom Corbett.  More »

Pioneer Natural Resources to cut budget by 45 percent

Pioneer reported late Tuesday a profit of $431 million or $2.91 per share.  More »

Kinder Morgan buys storage terminals in $158 million deal

The three terminals include a 1.1 million barrel storage complex adjacent to Kinder Morgan’s Galena Park terminal, two terminals in North Carolina and one coastal undeveloped site at Perth Amboy in New Jersey.  More »
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