(Tomohiro Ohsumi/Bloomberg)

Natural gas inventories approach bearish milestone

The 49 billion cubic foot injection into storage reported by the U.S. Energy Information Administration brought total inventories to 3.98 billion cubic feet.
Plaquemines Parish coastal zone director P.J. Hahn walks through oiled marsh grass in Bay Jimmy near the Louisiana coast on Oct. 14, 2010. (AP file photo/Patrick Semansky)

Louisiana parish drops suits against oil and gas companies

The Plaquemines Parish council voted to dismiss 21 suits it had pending against 68 oil companies, officials and a lawyer said.
(Daniel Acker/Bloomberg)

TransCanada wins $500 million Mexico project

TransCanada said it plans to spend $500 million building the 36-inch, 155-mile Tuxpan-Tula Pipeline that will run from near the Mexican Gulf Coast to the interior Mexican state of Hidalgo.
Categories: Natural gas
Shell Oil President Marvin Odum, center, speaks at the University of Houston energy symposium, "Carbon tax: Is it the right time?" on Tuesday, Nov. 10, 2015. ( Karen Warren / Houston Chronicle )

Shell Oil Co. president touts carbon tax over piecemeal regulations

A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum said Tuesday at a University of Houston energy symposium on “Carbon Tax: Is It the Right Time?”
(Ken James/Bloomberg)

Struggling SunEdison in cost-cutting mode as it seeks profitability

SunEdison quickly grew into the world’s largest renewable energy developer and is building a handful of solar and wind farms in West Texas and the Panhandle.
Source: tap-ag.com, Trans Adriatic Pipeline.

Commentary: Southern Gas Corridor can boost regional stability

Georgios Papanikolaou is the Consul of Greece to Houston; Elena Sgarbi is the Consul General of Italy to Houston; and Ferhat Alkan is the Consul General of the Republic of Turkey to Houston.
An aerial view of Dominion's Cove Point LNG facility in Lusby, Md. Storage tanks are shown in the foreground; tankers dock at the receiving terminal in the background to transfer liquefied natural gas. (Photo: Dominion Resources Inc.)

Natural gas in storage reaches record level

The U.S. has tied and is set to surpass a record for the amount of natural gas in storage, according to the latest Energy Department data.
Part of a heat recovery steam generator at Calpine Corp.'s power generation plant in Deer Park, Texas, is pictured on Thursday, February 26, 2004. Calpine, which produces power in 21 U.S. states, had fourth-quarter profit of $119.6 million as it benefited from an accounting rule change. Photographer: F. Carter Smith/Bloomberg News

Austin Energy, PG&E join Calpine in court motion supporting Clean Power Plan

Houston-based Calpine, Austin Energy, PG&E, Seattle City Light and London-based National Grid, which has a sizable U.S. presence, all filed the court motion together.
Pumpjacks work behind a natural gas flare in North Dakota. (AP Photo/Eric Gay, File)

Natural gas rallies after small gain in inventories

Natural gas prices rose Thursday after Energy Department data showed a smaller-than-expected gain in inventories.
(Matthew Lloyd/Bloomberg)

BP plans to start natural gas output from Egypt’s atoll in 2018

Royal Dutch Shell Plc, Europe’s biggest energy company, and BP are struggling to increase oil and gas production and add to their reserves.