Natural Gas

Auto Added by WPeMatico

How Would Trump Seek to Dismantle Biden’s Climate Legacy?

Conventional Energy, Latest, Natural Gas, Oil, US News / By

By Reuters (Reuters) – Donald Trump’s presidential campaign has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change. In an ironic twist, the United States has become the world’s top producer of oil and gas during Biden’s tenure, and his agencies have …

How Would Trump Seek to Dismantle Biden’s Climate Legacy? Read More »

Natgas Prices at Waha Hub in Texas Fall to Record Low in Negative Territory

Conventional Energy, Latest, Natural Gas, US News / By

Natural gas prices in the Permian shale basin in West Texas have turned negative a record number of times in 2024, including an all-time low for Friday, as pipeline and other constraints trap gas in the nation’s biggest oil-producing basin. Spot gas prices for Friday at the Waha hub in West Texas fell by about …

Natgas Prices at Waha Hub in Texas Fall to Record Low in Negative Territory Read More »

Harris Rules Out Fracking Ban, Threading Needle on Fossil Fuels

Conventional Energy, Latest, Natural Gas, Oil, US News / By

Trump attacked Harris’ earlier stance in gas-rich Pennsylvania Harris’ remarks on oil-extraction method most definitive yet Vice President Kamala Harris said she wouldn’t halt fracking if elected president, reversing her prior opposition to the technique used to produce most US oil and gas today. “As vice president, I did not ban fracking,” Harris said in an interview …

Harris Rules Out Fracking Ban, Threading Needle on Fossil Fuels Read More »

BP Stock Falls Behind Shell as Investors Shy Away From Green Energy

CDN and International News, Latest, Natural Gas, Oil, Renewable Energy, Solar, Wind / By

BP shares have slumped 12% since the end of March, while Shell has risen 3.4% Bloomberg News London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder payouts. August is set to mark the fifth-straight month that BP …

BP Stock Falls Behind Shell as Investors Shy Away From Green Energy Read More »

Shell to Cut 20% of Jobs in Some Oil and Gas divisions

Conventional Energy, Latest, Natural Gas, Oil, US News / By

The proposed moves are pending engagement with groups that represent employees Bloomberg News Shell Plc is set to cut around 20 per cent of its workforce in some oil and gas exploration and development divisions as chief executive Wael Sawan works to boost efficiency and profitability. It’s the latest round of cuts following similar moves in …

Shell to Cut 20% of Jobs in Some Oil and Gas divisions Read More »

Texas Narrows Gas Plant Projects Vying for $5.4 Billion in Funding

Conventional Energy, Latest, Natural Gas, US News / By

 The Public Utility Commission of Texas selected 17 projects, seeking $5.38 billion in government funding, to advance in a new program aimed at spurring the development of gas-fired power plants, the regulators said on Thursday. The Lone Star State, whose power grid has been plagued with bouts of prolonged blackouts, established the Texas Energy Fund …

Texas Narrows Gas Plant Projects Vying for $5.4 Billion in Funding Read More »

AI’s Race for U.S. Energy Butts Up Against Bitcoin Mining 

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

Summary Tech giants are acquiring energy assets from bitcoin miners Data centers could use up to 9% of US electricity by decade’s end, EPRI says Bitcoin miners face challenges repurposing for AI due to high costs and infrastructure needs Aug 28 – U.S. technology companies are pursuing energy assets held by bitcoin miners as they …

AI’s Race for U.S. Energy Butts Up Against Bitcoin Mining  Read More »

U.S. Clean Energy Jobs Growth Rate Double That of Overall Jobs, Report Says

Conventional Energy, Latest, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Jobs in the U.S. clean energy industry in 2023 grew at more than double the rate of the country’s overall jobs, and unionization in clean energy surpassed for the first time the rate in the wider energy industry, the Energy Department said on Wednesday. Employment in clean energy businesses – including wind, solar, …

U.S. Clean Energy Jobs Growth Rate Double That of Overall Jobs, Report Says Read More »

US Natgas Prices Fall 3% to 3-Week Low on Forecasts for Lower Demand

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures fell about 3% to a three-week low on Monday on forecasts for lower demand next week than previously expected. Energy analysts also noted the tremendous oversupply of gas still in storage has kept a lid on gas prices all year. There was still about 12% more gas in storage …

US Natgas Prices Fall 3% to 3-Week Low on Forecasts for Lower Demand Read More »

U.S. Natgas Prices Slide to Two-Week Low on Ample Storage, Lower Demand

Conventional Energy, Latest, Natural Gas, Tri-Pinned / By

U.S. natural gas futures slid about 2% to a two-week low on Friday on forecasts for lower demand this week than previously expected. In addition, energy analysts noted the oversupply of gas in storage has kept a lid on gas prices all year. There was still about 12% more gas in storage than normal for …

U.S. Natgas Prices Slide to Two-Week Low on Ample Storage, Lower Demand Read More »

Subscribe
Subscribe