Category: Natural gas

Crude oil falls deeper into bear territory

West Texas oil for November delivery dropped $3.90 to $81.84 a barrel on the New York Mercantile Exchange, the lowest settlement since June 28, 2012.  More »

Israel sees gas as key to transforming Mideast relations

After this summer’s war in Gaza battered Israel’s international reputation, the country’s leaders say they have a new foreign policy tool to build relations with its neighbors: natural gas.  More »

Statoil announces Tanzania gas discovery

The Norwegian energy company has had a presence in Tanzania since 2007.  More »

N.D. governor: State responding to natural gas flaring problem

About one-third of the natural gas produced in North Dakota is burned off due to a lack of infrastructure  More »

Brent crude at a nearly 4-year low

West Texas intermediate crude dropped 8 cents to $85.74 a barrel on the New York Mercantile Exchange.  More »

Oil prices rise but are still in bear territory

Oil for November delivery rose 43 cents, or 0.5 percent, to $86.20 a barrel on the New York Mercantile Exchange.  More »

Report: Texas oil juggernaut threatened by feds, environmentalists

Texas’ oil and gas juggernaut could be threatened by federal regulators and environmental groups proposing policies that could stifle production, a new trade group report finds.  More »

Perry seeks unlimited natural gas and oil exports

“The first order of business to restore balance in Europe is for America to build an energy shield to protect our strategic allies,” the Texas governor said.  More »

Rising crude supplies send oil futures down

Oil for November delivery decreased $1.47, or 1.7 percent, to $87.38 a barrel.  More »

California hydroelectric power drying up amid drought

The Energy Information Administration says the extended drought in California is hurting the state’s capacity to production hydroelectric power.  More »

Northeast U.S. gas at decade-high for winter on supply concern

Supplies in the so-called consuming east region, which covers the Northeast to the Midwest, are at the lowest seasonal level since 2000, government data show.  More »

Pipeline’s path stirs opposition in Va., W.Va.

A proposed $5 billion pipeline that would deliver natural gas to the Southeast is finding opposition along its planned path in West Virginia and Virginia.  More »
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