Dynegy CEO Robert Flexon is at the company's commercial desk. (Photo/James Nielsen)

Dynegy reports net income loss, coal plant closure

Dynegy acquired 21 new power plants in the spring in the Midwest and New England regions and the company said its operating income jumped up to $107 million for the quarter, up from $22 million in the same period last year, with the added power production. The company announced its earnings after the markets closed Wednesday.
Nomac Drilling Corp. derrick man Justin Spruell, right, climbs down from an overhead platform after connecting a section of drill pipe on a Chesapeake Energy Corp. natural gas drill site in Bradford County, Pennsylvania, U.S., on Tuesday, April 6, 2010.  (Daniel Acker/Bloomberg)

Chesapeake reports third quarter loss on $5.4 billion charge

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

State Sen. Cathy Giessel, right, speaks on the floor of the Alaska Senate during debate on a bill to authorize the buyout of one of the state's partners in a proposed gas project, Tuesday, Nov. 3, 2015, in Juneau, Alaska. The bill passed the Senate 16-3. (AP Photo/Becky Bohrer)

Alaska Senate approves TransCanada buyout bill

The Alaska Senate on Tuesday approved legislation that would give the state a greater share in a proposed liquefied natural gas project by buying out one of the project’s partners.
Westlake Chemical CEO Albert Chao (Mayra Beltran/Houston Chronicle)

Westlake Chemical earnings up 10 percent, despite weakening market

Sharply lower oil prices for last year are cutting into advantages for U.S. chemical plants.
In this March 20, 2015 file photo, Cabot Oil & Gas Corp.'s external affairs director, George Stark, speaks during a breakfast hosted by the Greater Hazleton Chamber of Commerce in Hazleton, Pa., discussing regional effects of natural gas drilling. Tens of thousands of miles of pipeline are proposed for Pennsylvania during the next 10 years, according to state officials, and while the last decade of oil and gas development primarily took place in the state's shale regions, the next phase will tunnel through the midstate. (Ellen F. O'Connell/Standard-Speaker via AP, File)

Pipelines planned for midstate Pennsylvania

After 10 years of drilling, shale operators have more natural resources than the infrastructure to deliver it. There’s now more supply than demand, and pipeline builders are seizing the opportunity and submitting plans for an underground network to move through Pennsylvania.

Expert says Oklahoma earthquakes easing over last 3 months

While the overall number of earthquakes skyrockets in Oklahoma, the new director of the state Geological Survey says there has been a modest decline over the last three months.
(Daniel Acker/Bloomberg)

Natural gas pipeline builder announces route changes

In a filing Friday with federal regulators, Dominion Energy said the changes would reduce the potential impacts on salamander habitats in the Monongahela National Forest in West Virginia and the George Washington National Forest in Virginia.

Today’s economic weakness, tomorrow’s natural gas oversupply

On the 70th birthday of the Fonz (aka Henry Winkler), commodities are trying to stay cool amid a bearish barrage of news. We have had Q3 earnings from Exxon Mobil and Chevron to round out big oil’s reporting; both fell in lockstep with the trend of the other members – falling profits but strong downstream […]
Tags: | |

Vincent Lee, of TransCanada Corp., center, appears before the House Finance Committee on Wednesday, Oct. 28, 2015, in Juneau, Alaska. The Alaska Legislature is considering a buyout of TransCanada from a major liquefied natural gas project that the state is pursuing. (AP Photo/Becky Bohrer)

TransCanada official expresses support for gas project

— TransCanada Corp. believes in the Alaska liquefied natural gas project, but it also agrees with Gov. Bill Walker’s recommendation that the state buy out the company’s interest in it, a TransCanada official said Wednesday.
Emissions rise from stacks the Duke Energy Corp. Gibson Station power plant at dusk in Owensville, Indiana, U.S., on Thursday, July 23, 2015. Coal reclaimed its ranking as the top fuel for generating electricity at U.S. power plants in May, beating natural gas, which took the number one spot for the first time in April. Photographer: Luke Sharrett/Bloomberg

EPA to mandate disclosures on chemical releases from gas processing plants

The decision could affect more than half of the United States’ 517 natural gas processing plants.