US Natural Gas Prices Jump 9% as Winter Storms Boost Heating Demand, Freeze Wells and Pipes

(Reuters) – U.S. natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil and gas wells and pipes start to freeze. So far, those storms have knocked out power to more than 366,000 homes and businesses from Missouri …

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Diversified Bolts-On Appalachia Gas Production, Midstream Assets

Diversified Energy has agreed to acquire operated natural gas and midstream assets in Virginia, West Virginia and Alabama in the southern Appalachian Basin for about $45 million, the company said Jan. 6. The bolt-on from Summit Natural Resources includes 300 net producing wells in the Appalachia region, which will account for about 60% of the …

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Canada’s Trudeau to Quit as Liberal Leader – Will be Good News for Canadian Oil and gas Development

Prime minister has been under pressure to step down for months He has scheduled an announcement for 10:45 a.m. in Ottawa Justin Trudeau will announce his resignation as leader of Canada’s Liberal Party on Monday morning, the Canadian Broadcasting Corp. reported, triggering a contest to replace him as prime minister. Trudeau’s office has scheduled an announcement …

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Where Does Solar and Wind Renewable Electricity Generation Make Sense? – Yogi Schulz

By Yogi Schulz We’ve all read about the heated and continuing debate about the effectiveness and cost of solar and wind renewable electricity generation. Some have hyped these technologies as the saviour for the energy transition to address the impact of climate change. Others have challenged their cost, reliability and lifespan. Where do these technologies …

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