Chevron readies first LNG cargo from Australian mega project
Chevron Corp said on Friday it is on track to export the first cargo of liquefied natural gas (LNG) from its Australian Gorgon project – the world’s most expensive – Continue Reading
Feds wade into California gas leak response
The U.S. government said it was providing technical support to California utility regulators working to stem a leak from a natural gas storage facility. California Gov. Jerry Brown this week Continue Reading
No Short-Term Fix for California Methane Leak
To the dismay of thousands of residents of Porter Ranch, Calif., whose lives have been upended by a huge natural-gas leak from a nearby well, the local utility says it Continue Reading
NYMEX February gas futures fall 5.8 cents on weather, demand forecasts
The NYMEX February natural gas futures contract settled at $2.267/MMBtu Wednesday, down 5.8 cents, as traders showed apprehension toward weather forecasts and storage withdrawal predictions. WSI in its six- to Continue Reading
California governor declares gas leak a state of emergency
California Gov. Jerry Brown declared a state of emergency Wednesday over a massive natural-gas leak that has been spewing fumes into a Los Angeles neighborhood for months. In a statement, Continue Reading
Oklahoma proposes oil restrictions after quakes
A state regulator in Oklahoma said it was proposing new plans for how oil and gas operators work in shale basins given the recent occurrence of earthquakes. The U.S. Geological Continue Reading
Oklahoma Oil Firm Resists Call to Shut Down Wells Amid Earthquake Concerns
A financially strapped Oklahoma oil company is defying the state regulator’s request that it shut down six wells used to dispose of wastewater, despite fears they may be contributing to Continue Reading
Cheniere Starts Producing at Shale Gas Export Terminal, ING Says
Cheniere Energy Inc. began production at what will become the first terminal to export natural gas from America’s shale formations, according to ING Capital LLC, which helped finance the project. Continue Reading
Cold snap cuts U.S. natgas ‘widow-maker’ April-March premium
A cold snap across the United States has natural gas traders hoping that stronger heating fuel demand may help deplete massive gas stockpiles by next spring, a view that has Continue Reading
No Pressure Release for Natural Gas
Baker Hughes is scheduled to report its drilling-rig count Thursday. The market needed another hole in the ground like it needed a hole in the head. When Baker Hughes Inc. Continue Reading