Category: Natural gas

Oil falls as investors speculate on OPEC production cut

“There’s an established bearish trend and nothing out there to stand in the way of a further move lower,” Tim Evans, an energy analyst at Citi Futures Perspective.  More »

Natural gas well positioned for coming winter, industry group says

America’s Natural Gas Alliance, an industry group that represents producers, said that a large investment in infrastructure and a rapid buildup in inventories has made more natural gas available this winter than last, despite 2014’s cold winter that left storage of the fuel at decade-long lows.  More »

Freeport LNG obstacles cleared in two rulings

Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday.  More »

EIA: Natural gas storage inventories rebounding

Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report.  More »

Massive Siemens gas turbine takes a ride to Florida

FPL started construction on the $1.2 billion plant in the first quarter of 2014 and expects it to come online in 2016.  More »

LNG exports could increase production and price of gas, report says

Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis.  More »

Production starts at natural gas development in Malaysia

Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017.  More »

Freeport LNG holds groundbreaking ceremony

The first construction will build two liquefaction trains, which will cool natural gas until it becomes a liquid more suitable for shipping overseas.  More »

Now energy-rich, Israel seeks oil and gas partners

Amit Lang, director general of Israel’s Ministry of Economy, was in Houston recently seeking investment in the country’s nascent energy industry, and says it can offer high-tech water treatment and cyber-security technology in return.  More »

Natural gas storage on track to recover from last winter’s lows

Natural gas storage inventories usually rise over the summer months and are drawn down in the winter as the fuel is used to heat homes.  More »

U.S. jobs report helps send oil prices higher

Oil for December delivery rose 74 cents to settle at $78.65 a barrel on the New York Mercantile Exchange.  More »

CenterPoint giving refunds to Midwestern customers ahead of winter

The happy forecast from utilities, weather forecasters and the federal government predict that last winter’s record cold won’t repeat.  More »

Oil rises after inventory report

Oil for December delivery rose $1.49 to settle at $78.68 a barrel on the New York Mercantile Exchange.  More »

Denton voters pass fracking ban

The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy.  More »

Targa profits double in third quarter, led by NGLs

Targa Resources Partners said it saw more volume and fees from its natural gas liquid business.  More »