Coal use plunges as China cuts back and US turns to gas
The world’s use of coal fell by the largest amount on record last year as the fossil fuel that powered the industrial revolution was struck by tumbling US gas prices Continue Reading
Oil Investor Still Bets on McClendon
As creditors line up for the assets of recently deceased oil titan Aubrey McClendon , an energy-investment firm already has claimed some of his most valuable holdings. EIG Global Energy Continue Reading
U.S. shale gas production grows through 2040
Natural gas from shale basins in the United States accounts for more than half of the total production through 2040 to support more exports, a report finds. A review from Continue Reading
Colorado Has 40 Times More Natural Gas Than Previously Estimated
Western Colorado has 40 times more natural gas than previously thought, potentially making it the second-largest formation in the country, the U.S. Geological Survey said Wednesday. Mancos Shale formation in Continue Reading
Many natural gas-fired power plants under construction are near major shale plays
Natural gas-fired capacity additions include plants completed and under construction. Natural gas-fired power generation increased 19% in 2015, because of low natural gas prices , increased gas-fired generation capacity , Continue Reading
Faced With a Fracking Giant, This Small Town Just Legalized Civil Disobedience
Pennsylvania township first to legalize civil disobedience. Photo from A tiny community sitting on a 27-square-mile piece of Western Pennsylvania wanted to send a big message to the energy company Continue Reading
Chesapeake Energy Swaps Debt for Stock
Chesapeake Energy Corp. CHK -4.13 % on Thursday said it would swap 4.1% of its shares outstanding for debt, the latest move by the beleaguered energy company to ease its Continue Reading
Gas Firms Rally on Signs Glut Is Easing
Indications that supply was easing helped natural-gas prices rebound 31% in the past two months. Shares of natural-gas producers, among the market’s worst performers in recent years, are now among Continue Reading
EPA Ready to Issue Methane Limits for New Oil and Gas Wells
The Environmental Protection Agency is set to issue on Thursday the first federal standards aimed at curbing methane emissions from the oil and natural gas industry, according to multiple people Continue Reading
US EIA says gas output growth seen slowing after near-record levels
Declines in rig activity triggered by sustained low natural gas prices are starting to take their toll on US gas production forecasts, the Energy Information Administration said Tuesday in its Continue Reading