Category: Natural gas

In search of safety, utilities bring in experts: each other

The American Gas Association is taking a page from the nuclear and airline industries in a new push to make pipelines and utilities safer.  More »

Eagle Ford expected to hit 1.6 million barrels next month

The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58 million barrels of oil daily this month, according to the U.S. Energy Information Administration.  More »

Southwestern Energy cuts $5.4 billion deal for Chesapeake gas land

Houston’s Southwestern Energy Co. is planning to drop $5.4 billion on gas-rich land in West Virginia and Pennsylvania in one of the biggest recent deals for acreage in a region buffeted by pressure on gas prices.  More »

Kinder Morgan partnership reports rise in profit, distributable cash

The nation’s largest pipeline company Kinder Morgan Energy Partners reported higher profits in the third quarter, as gas and natural gas liquids continued to flow in increasing amounts from shale plays across the country.  More »

Brent, West Texas crude keep dropping

Brent crude extended its biggest one-day collapse in three years amid speculation OPEC will refrain from eliminating a glut.  More »

Study: Natural gas surge won’t slow global warming

Cheap and plentiful natural gas isn’t quite a bridge to a brighter energy future as claimed and won’t slow global warming, a new study projects.  More »

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 »