Natural Gas

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US Natural Gas Prices Drop 4% on Mild Forecasts

(Reuters) – U.S. natural gas futures fell about 4% on Tuesday on forecasts for mild weather to continue through late-November, keeping heating demand lower than usual for this time of year and allowing utilities to add more gas into storage for at least a couple more weeks. Analysts projected utilities injected more gas than normal …

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Can the No. 1 Oil Producer Lead the Way on Climate? The U.S. Is Trying It

The latest in American exceptionalism is exporting 50% more oil than Saudi Arabia while trying to prod the world towards net zero. Bloomberg It sounded like the top American climate diplomat really meant it: “We are moving away from fossil fuels,” said John Kerry, in one of his last acts as the US negotiator at the close …

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Climate Skeptics Are Hatching Big Plans for a Second Trump Term

Activists would push a new Republican administration to boost coal-fired power, block EPA science and challenge models of global warming. Activists who dispute the severity of human-caused climate change are quietly preparing to seize their moment should Donald Trump win a second term. Pushed to the political fringes during Joe Biden’s presidency, they are now laying the groundwork …

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Iran Braces for Trump Victory, Fearing More Israeli Strikes, Western Sanctions

 Iran’s leadership and allies are bracing for what they would regard as a dreadful outcome of the imminent U.S. presidential election: A return to power of Donald Trump. Opinion polls suggest the Republican Trump and Democratic Vice President Kamala Harris remain locked in a close contest. But Iranian leaders and their regional allies in Lebanon, …

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Big Oil Sees AI Boom Driving ‘Crazy Demand’ for U.S. Natural Gas

Bloomberg News A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon for the fossil fuel industry. That’s was the view of Murray Auchincloss, chief executive officer of BP Plc, who sees the technology sector’s hunger for reliable energy supplies …

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As America Votes, These Big Energy Projects Hang in the Balance

Harris and Trump have both touted the promise of lower energy bills while campaigning for president — but they’ve laid out starkly different visions for how to get them.   The outcome of next week’s US presidential election is poised to have profound implications for a handful of multi-billion-dollar energy projects. Republican Donald Trump, who has …

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US LNG Exports to Rise at Smallest Pace Since 2016

(Reuters) – U.S. liquefied natural gas exports this year will rise about 2%, analysts estimate, the smallest annual increase since 2016 when the first big U.S. LNG export plant opened, launching a boom that drove the country’s producers to the top of world gas exporters. Slower gains reflect delays and production outages and the absence …

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EQT Sees Data Centers and Coal Retirements Driving Natural Gas Demand

EQT Corp projected data centers and coal plant decommissioning could boost natural gas demand by up to 10 billion cubic feet per day by 2030, the Appalachian basin-based natural gas producer said on a post-earnings conference call on Wednesday. Shares of the company were up more than 2% in afternoon trading, buoyed by an uptick …

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US Sets New Safety Measures as Deep Sea Oil Drillers Test New Depths

Summary New rules add some specific equipment and reporting requirements Applies to projects with more than 15,000 PSI, or more than 350F Regulators expect rise in ultra-high pressure projects BP awards SLB a key contract for ultra-high pressure Kaskida project HOUSTON, Oct 29 (Reuters) – The Bureau of Safety and Environmental Enforcement (BSEE) rolled out …

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How do Trump and Harris Differ on Energy Policy?

Republican Donald Trump and Democrat Kamala Harris have a couple of things in common on the issue of U.S. energy policy: both say they want to expand production and keep prices down for consumers. The core difference is that Harris says she wants to do so in a way that favors clean energy technologies crucial …

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