The Waiting Game Begins for Energy Traders The recent rally in oil and gas had been fueled by speculation on events still to come. Energy markets are taking a deep breath to start the week. They may be holding it for a while. Oil and gas prices are pulling back Monday from the strong autumn … Continue reading The Waiting Game Begins for #Energy_Traders
Colorado energy company buys California oil and gas fields for $742M A brand-new Denver energy company said it’s buying oil and gas assets in California in a deal that could be worth as much as $742 million. Privately held Sentinel Peak Resources of Denver said it’s buying the California onshore assets from the oil and … Continue reading #Colorado energy company buys California oil and gas fields for $742M
DTE Energy to acquire midstream assets in Marcellus Shale DTE Energy announced late Monday it would acquire several natural gas pipelines and gathering systems in the Marcellus Shale from M3 Midstream and Vega Energy Partners for $1.3 billion. From M3, DTE will acquire 100 percent of the Appalachia Gathering System in Pennsylvania and West Virginia, … Continue reading #DTE_Energy to acquire midstream assets in #Marcellus_Shale
Southern Company subsidiary to acquire natural gas-fired power facility in Minnesota Southern Company subsidiary Southern Power today announced its agreement to acquire the Mankato Energy Center from Calpine Corporation, subject to customary closing conditions. Located in Mankato, Minnesota, the center will include two natural gas units – the existing 375-megawatt (MW) Mankato Energy Center I … Continue reading #Southern_Company subsidiary to acquire natural gas – fired power facility in #Minnesota
US EIA: Natural Gas CO2 Emissions are Exceeding Coal Emissions For the first time since 1972, energy-associated carbon dioxide (CO2) emissions from coal are dropping below natural gas CO2 emissions. The US Energy Information Agency’s latest Short-Term Energy Outlook reports that energy-related CO2 emissions from natural gas are expected to be 10 percent higher than … Continue reading US EIA: Natural Gas CO2 Emissions are Exceeding Coal Emissions
EIA: Energy-related CO2 emissions from natural gas will surpass coal in 2016 Natural gas is less carbon-intensive than coal, but as environmental advocates have been pointing out for years, the fuel still has significant emissions related to its use. And now, for the first time in about 45 years, those emissions from gas are set … Continue reading EIA: Energy-related CO2 emissions from natural gas will surpass coal in 2016
Chances for cheaper energy closing The decision handed down this week by the Massachusetts Supreme Judicial Court is a setback for efforts to make energy in New England more affordable and reliable. The SJC found that the Department of Public Utilities was wrong when it interpreted 1997 legislation that restructured the electric utility industry as … Continue reading Chances for cheaper energy closing
Utilities can’t force customers to pay for pipelines, says state’s high court Thanks to a high court ruling Wednesday, electricity customers can no longer be asked to help cover the costs of building private gas pipelines. The Massachusetts Supreme Judicial Court’s unanimous decision, in a case brought by the Conservation Law Foundation, would instead require … Continue reading Utilities can’t force customers to pay for #pipelines, says state’s high court
Duke Energy CEO: buyout foresees greater natural gas demand RALEIGH, N.C. (AP) — Duke Energy Corp.’s purchase of Piedmont Natural Gas Co. will create a company with the financial resources to expand the distribution of natural gas across the country as utilities shift further away from coal to the cleaner-burning fuel, the chief executive of … Continue reading #Duke_Energy CEO: buyout foresees greater natural gas demand
Cheap natural gas, high wind output stifle SPP power prices: report Low natural gas prices and high wind output pushed down real-time average locational marginal prices in the Southwest Power Pool in the spring, compared with the winter and with spring 2015, the SPP said Wednesday. SPP’s internal market monitor filed on Wednesday a Quarterly … Continue reading Cheap natural gas, high wind output stifle SPP power prices: report
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