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By Jennifer A Dlouhy and Ari Natter Backers of LNG exports argue that when gas displaces coal as a source of electricity.Photographer: Brandon Bell/Getty Images When the Biden administration stopped approving licenses to export US liquefied natural gas in January of last year, officials said they first needed to determine how those shipments would affect …
Biden LNG Study Shelved After Pollution Impacts Deemed Minor Read More »
By Devika Krishna Kumar and Ruth Liao Citadel made one of its biggest investments yet in the physical US natural gas market, expanding in one of its most profitable business areas. The hedge fund, led by Ken Griffin, agreed to buy assets from closely held Paloma Natural Gas LLC in a deal valued at about …
Citadel Expands Further in US Natural Gas With $1 Billion Deal Read More »
(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 19.5 cents, or 4.8%, to settle at $4.247 per million …
US Natgas Prices Jump 5% to One-Week High on Record LNG Flows, Daily Output Drop Read More »
Oil company CEOs will meet with President Trump to express gratitude for his support of the industry, but also to caution him about potential negative consequences of his policies. Summary by Bloomberg AI The CEOs are concerned about the impact of low oil prices, trade tariffs, and potential economic declines on their businesses, despite Trump’s …
Oil Titans Uneasy Over Tariffs and Crude Prices Meet With Trump Read More »
Summary • Data center disconnections threaten grid stability, regulator says • Grid operators face resistance from data centers on proposals for a fix • Texas incidents highlight risks of sudden disconnections by crypto miners BOSTON, March 19 (Reuters) – Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data …
Big Tech’s Data Center Boom Poses New Risk to US Grid Operators Read More »
Summary Trump to meet with top oil CEOs in closed-door meeting Industry concerned about falling oil prices, looming trade wars Meeting will mark Trump’s first sit-down with oil and gas leaders since return to White House (Reuters) – U.S. President Donald Trump will host top oil executives at the White House on Wednesday as he charts …
Trump to Host Top US Oil Chief Executives as Trade Wars Loom Read More »
Fossil exporters’ status will dwindle from the shift to clean power. By David Fickling The electrons coursing through our grids, turbines and engines are invisible to the human eye, but without them, all the machinery that powers our industrial economy would grind to a halt. Unseen flows of energy drive international relations, too. What’s often …
COMMENTARY: America Will Lose If the EU and China Become Energy Buddies – David Fickling Read More »
Partners Group Holding AG, a Switzerland-based private equity firm, agreed to acquire a portfolio of 11 natural gas power plants in California from Avenue Capital Group. The transaction — comprising the 1.9-gigawatt portfolio and Middle River Power, the operator of the plants — has an enterprise value of $2.2 billion, Partners said in a statement Tuesday. California …
Partners in $2.2 Billion Deal to Buy California Gas Plants Read More »
The U.S. Energy Information Administration said on Monday that natural gas pipeline projects completed in 2024 increased the country’s liquefied natural gas (LNG) takeaway capacity by 17.8 billion cubic feet per day (bcfd). Takeaway capacity refers to the maximum amount of gas a pipeline can transport away from a production area or storage facility on …
US Natural Gas Pipeline Completions Boosted Takeaway Capacity, EIA Says Read More »
(Reuters) – U.S. natural gas futures eased to a two-week low on Monday on record output, negative spot prices at the Waha Hub in West Texas and forecasts for the weather to remain mild through the start of April, which should keep the amount of gas utilities pull from storage to heat homes and businesses …
US Natural Gas Prices Ease to 2-Week Low on Record Output, Negative Waha Prices Read More »
