Category: Natural gas

Oil price falls 2 percent, biggest drop since April

U.S. crude for August delivery fell $2.10 cents to close at $100.83 a barrel.  More »

Lawmakers weigh in on debate about natural gas labels

Policymakers are trying to figure out how to measure consumer natural gas fuels.  More »

Oil rises for first time in 2 weeks

Crude for August delivery gained 64 cents to $102.93 a barrel.  More »

New “peaking” power units coming to Texas

East Texas-based Navasota Energy plans to build natural-gas fired “peaking” units in Guadalupe and Wilson counties capable of quickly sending power to the Texas grid at times of heavy demand.  More »

Illinois has hired few workers to oversee fracturing

More than a year after a compromise paved the way for high-volume oil and gas extraction in Illinois, the agency in charge of overseeing the practice has hired just four of 53 new employees it says it needs as it continues working to complete rules drillers must follow.  More »

Oil on 2-week slide even with Mideast turmoil

The prolonged drop could lead to lower gasoline prices for U.S. drivers in the weeks ahead.  More »

Private equity firms merge energy assets to create Barnett operator

Two private equity firms will combine their energy assets to form a new oil and gas operator that will have a big presence in the Barnett Shale.  More »

Oil slips closer to $103 as supply fears recede

Oil has been falling steadily since it hit a 10-month closing high of $107.26 on June 20 as the Iraqi government has slowly re-established stability.  More »

Surge of industrial projects could lift U.S. gas demand by 19 percent

A wave of gas-to-liquids investments and other U.S. industrial projects will likely boost demand for natural gas by 19 to 31 percent through the end of the decade, a new study shows.  More »

EU’s united front on Russia falling amid gas needs

A clutch of countries is breaking ranks with the EU’s efforts to put economic and diplomatic pressure on Russia over Ukraine and building a pipeline meant to carry huge amounts of Russian gas to their doorstep  More »

Macquarie fund buys terminals business in American expansion

A fund managed by Macquarie Group Ltd. agreed to take full control of a U.S. bulk liquid terminals operation for $1.03 billion in cash and stock as Australia’s largest investment bank expands its North American businesses.  More »

Oil slips below $104 as Libya set to boost exports

U.S. crude for August delivery fell 53 cents to close at $103.53 a barrel.  More »
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