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The U.S. Environmental Protection Agency on Thursday said it will exclude existing natural gas power plants from its proposed carbon regulations that it plans to finalize in April, narrowing the scope of the initial proposal that would have required stringent controls on those facilities. The electric sector had questioned whether the EPA had authority to …
US EPA Removes Existing Natgas Plants From Proposed Carbon Rule Read More »
U.S. natural gas futures edged lower on Thursday ahead of a storage report that is likely to show a smaller-than-normal withdrawal, further adding to the excess supplies that drove prices on a path for their fourth consecutive monthly decline. Front-month gas futures for April delivery lost 1% to $1.869 per million British thermal units (mmBtu) …
Natgas Prices Face 4th Straight Monthly Decline on Storage Surplus Read More »
Bloomberg Power provider plans to apply for state loan to build plants Loan would come from $5 billion energy fund approved by voters NRG Energy Inc. plans to apply for as much as $900 million in loans from Texas to build power projects that would run on natural gas, according to its top executive. The loans would cover …
NRG Targeting $900 Million From Texas for New Gas Plants Read More »
Cornell University professor Robert Warren Howarth says methane emissions from American LNG supply chains make the fuel as bad or worse for the climate than coal. Bloomberg When the Biden administration paused approval of new liquefied natural gas export licenses in January, the decision was driven by a recognition that the climate impact from the fossil fuel …
How One Methane Scientist Influenced Biden’s Pause on LNG Approvals Read More »
U.S. natural gas futures gained more than 2% on Wednesday, rebounding from a four-year low hit in the previous session, helped by forecasts for slightly cooler weather leading to increased demand for gas for heating. Front-month gas futures for April delivery traded 3.4% higher to $1.87 per million British thermal units. Prices dropped to as …
U.S. Natgas Rises Over 2%, Helped by Cooler Weather Forecasts Read More »
Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manhattan Institute and author of The Cloud Revolution, compares the energy dream to the energy reality.
An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …
Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017 Read More »
An ongoing consolidation in the U.S. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as …
Oil and Gas Upstream M&A Deal Value Hits Highest Q1 Levels Since 2017 Read More »
U.S. natural gas futures gained more than 6% on Monday, ahead of the expiration of the March contract, in a technical rebound following a sharp retreat in the last two sessions. Front-month gas futures were down 7.5% or 12.9 cents to settle at $1.603 per million British thermal units. The March contract is set to …
U.S. Natgas Futures Rebound Ahead of March Contract Expiry Read More »
Commentary By John Kemp LONDON, Feb 26 (Reuters) – Portfolio investors have become extremely bearish about the outlook for U.S. gas prices, even though prices have already fallen to their lowest level in real terms since futures began trading in 1990. Hedge funds and other money managers sold the equivalent of 399 billion cubic feet …
