Yesterday, Ukraine confirmed that it had begun to receive gas shipments from Russia’s state owned Gazprom (ticker: OGZPY) after a six-month cutoff, reports news agency ITAR-TASS.
“Imports from Russia began two days earlier than planned,” Ukraine’s gas transport company …
On December 9, 2014, PetroQuest Energy (ticker: PQ) announced results from its Thunder Bayou Prospect (50% working interest and 37% net revenue interest) located in Vermilion Parish, Louisiana.…
Wants to double natural gas production but no plans to export
After Saudi Arabia’s Oil Minister, Ali Al-Naimi, made his first public speech since September 11 of this year, a great deal of emphasis was placed on the minister’s comments …
Bill will accelerate EPA approval, accountability
The House of Representatives is set to vote this week on H.R. 4795, the Promoting New Manufacturing Act, authored by House Majority Whip Steve Scalise (R-LA). The legislation encourages building and industrial development in …
Private Equity Partnership Announced to Construct NatGas Power Plant
Energy Investors Funds (EIF), an energy-focused private equity firm, and I Squared Capital, an independent global infrastructure investment manager, announced that they have formed an equity partnership to construct the Oregon …
Innovation: small electric generators will use bottled up Marcellus gas for distributed electricity; small scale GTL plant for Houston gets greenlight to turn natural gas and ethane into transportation fuel
Pennsylvania’s IMG Midstream L.L.C. plans to supply the Marcellus shale …
Moscow insists on payment up front
Late last week, the EU, Russia and Ukraine struck a long awaited deal to supply Russian gas to Ukraine and Europe this winter.
“EU officials said both Russia and Ukraine had bargained hard for …
Cove Point Begins Construction, Freeport Secures Financing
Japanese/Asian Customers Lock Up Capacity of Both Projects
With three years of governmental review and permitting out of the way, Dominion (ticker: D) announced today it has begun construction activities on its Cove …
The EIA has begun tracking heat content of end-use natural gas, providing state-to-state comparisons of natural gas consumption. Gas in states with heavy ethane rejection generates more British Thermal Units (Btus) per cubic foot than states whose gas content is …
The drop in crude oil prices is well documented, but will natural gas follow suit with winter approaching?
The West Texas Intermediate spot prices closed at a two year low of $80.52 yesterday, down a total of $19.90 in the …
A few years ago, electric cars made a splash in the transportation landscape by presenting an alternative to traditional diesel or gasoline powered vehicles. Sales have increased to 114,530 units sold in 2013 from 17,724 units sold in 2011 (a …
LINN Energy (ticker: LINE) announced the sale of $2.3 billion in assets on October 3, 2014. The sale comes, as promised, to finance its previous acquisition of $2.3 billion in assets from Devon Energy. The Devon purchase was announced …
Today the EIA put out its September Natural Gas Monthly, with data through July 2014. In the report, the U.S.’s July dry gas production of 70.4 Bcf/day set the record for “the highest ever for any month,” the EIA …
The EIA came out with its Drilling Productivity Report today, calling the Utica Region in eastern Ohio one of the fastest growing natural gas production areas in the United States.
“Total natural gas production in the Utica Region, which includes …
The Energy Information Administration reported a build of 79 Bcf for the week ended August 29, 2014, in its latest Weekly Storage Report. The new inventory total of 2,709 Bcf is 471 Bcf less than 2013 and 495 Bcf …
The EIA released its August Natural Gas Monthly report, including production data through June as follows:
Atlas Energy CEO Ed Cohen appeared on CNBC’s Squawk Box from EnerCom’s The Oil & Gas Conference in Denver, Colorado, to discuss the current natural gas landscape and how “too much of a good thing” has supposed prices.
Important …
Natural Gas Represents More than Half of Nation’s Total Generation Capacity Growth of 4,350 MW in 1H 2014; Coal Adds Zero Capacity
The U.S. Energy Information Administration reported yesterday that in the first half of 2014 solar plants added electric …
Fred Upton, Chairman of the House Energy & Commerce Committee, referenced this week’s Fox News special report entitled “No Fracking, No Boom” in his blog update today. The blog compared the jobs-driven economic uplift in Pennsylvania to New York’s southern …
Denver International Airport is unique.
From the architecture to the natural lighting, and from the head-scratching sculptures to the scores of strange murals, DIA is a Midwest hub home to thousands of travelers, massive infrastructure, and yes, even conspiracy theories.…
On January 17, 2008, President Obama said, “If someone wants to build a coal power plant, they can, it’s just that it will bankrupt them…” That promise is coming into fruition now.
Last month, the EPA revealed its Clean Power …
Weather Services International (WSI), a division of Weather Central, expects natural gas inventory numbers to largely recover in the coming months due to below-average temperatures in the “northern and central Rockies eastward across the Great Lakes and Ohio Valley regions,” …
Last month, the U.S. Environmental Protection Agency (EPA) released its proposed Clean Power Plan, which plans to lower carbon dioxide (CO2) emissions by 30% by 2030, compared to 2005 levels. The U.S. levels in 2013 were 10% below those of …
Algeria’s government owned energy company, Sonatrach, has announced plans to start producing gas from six new gas fields, with initial plans to drill four shale gas wells in 2014 in the basins of Ahnet (south of In Salah) and Illizi, …
Prices for natural gas fell to a near six-month low early this week following forecasts for lower summer temperatures. On July 9, contracts for August gas traded as low as at $4.17 per thousand cubic feet (Mcf) on the New …
Energy Entrepreneur T. Boone Pickens revisited CNBC on Monday, reiterating his call for natural gas as widespread transportation fuel. Pickens told CNBC that energy independence would come much faster if the country’s over-the-road truck fleet were converted to natural gas …
Natural gas-powered trucks gaining popularity with over-the-road freight haulers
When you take the family out for the summer road trip, that 18-wheeler you are about to pass might be a Kenworth T680 road tractor with a concealed bank of compressed …
Sempra Energy (ticker: SRE) has received approval from the Federal Energy Regulatory Commission (FERC) to build the second liquefied natural gas (LNG) export plant in the United States, according to a company press release on June 19, 2014. The …
Ed Cohen, Atlas Energy LP CEO was on CNBC Europe’s Worldwide Exchange to discuss the current energy revolution in North America and how he thinks it will affect the global markets.
Important disclosures: The information provided herein is believed …
Cabot Oil & Gas Corporation (ticker: COG), headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The company’s predominate growth asset is the Marcellus Shale in Pennsylvania …
