Low energy prices create winners and losers in the marketplace These days it seems whatever form of energy can be burned to power a car, heat a home, make electricity or ship people and goods around the globe is being sold at bargain basement prices. Prices for coal, natural gas, oil and the fuels made […]
Consumers enjoying lower energy costs amid rout in prices of fossil fuels Read More »
Icahn signals he wants changes in management of Cheniere Energy Billionaire investor Carl Icahn is taking an 8.2-per cent stake in liquid natural gas company Cheniere Energy Inc., sending its shares higher in aftermarket trading. Icahn disclosed ownership of 19.4 million shares of Cheniere, which owns a liquid natural gas terminal and pipeline in Louisiana. Icahn’s funds say they want to
Cheniere Energy: Carl Icahn takes 8.2% stake Texas LNG exporter Read More »
Natural gas pipeline shut down expected to last for indeterminate amount of time CALGARY – Alliance Pipeline says it has shut a major Canada-U.S. natural gas pipeline while it handles dangerous hydrogen sulphide gas that entered the system. The closure of the nearly 4,000-kilometre pipeline, jointly owned by an Enbridge affiliate (TSX:ENB) (TSX:ENF) and Calgary-based Veresen (TSX:VSN), is expected to last
Canada to US natural gas pipeline shut down due to hydrogen sulphide Read More »
Russia exports to Asia and Europe Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas, but low prices and sanction are taking a toll on the Russian economy. Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas
Russia becomes world’s largest producer of crude oil, #2 in natural gas Read More »
Net exports from American refineries are 19% higher this year through May American refineries are on a roll. Gross inputs to U.S. refineries exceeded 17 million barrels a day in each of the past four weeks, a level not previously reached since the US Energy Information Administration began publishing weekly data in 1990. The rolling four-week average of
American refineries enjoying a record run in 2015 Read More »
Internal rates of return are still excellent despite low oil prices, says Pioneer Natural Resources Pioneer Natural Resources isn’t backing down from its plan to significantly increase drilling in the Permian Basin, despite a drop in the price of oil by 20 per cent in recent weeks. “[I]nternal rates of return are most important in
Pioneer Natural Resources sticks with plan to increase Permian drilling Read More »
Alternative energy stock investors enjoy steadier ride than traditional energy funds holders NEW YORK – Even as the tumble in oil prices pummels the industry, one small, and perhaps surprising, group of energy stock funds has held up better than its peers: those investing in solar, wind and other alternative energy sources. It’s an unexpected bright spot because alternative energy stocks
Alternative energy stock funds held up as the price of oil plunged Read More »
ERCOT expects high demand for electricity during remainder of week The Electric Reliability Council of Texas (ERCOT) system set an all-time record for hourly demand between 4 and 5 p.m. Wednesday, with peak demand for electricity reaching 68,459 megawatts (MW). “We appreciate the work generation and transmission providers in the ERCOT region have put into preparing
Texas sets record for electricity consumption on Wednesday – ERCOT Read More »
Proposed Marcellus pipeline travels through national forests RICHMOND, Va. – The U.S. Forest Service has raised hundreds of concerns about a proposed natural gas pipeline that would carve a 30-mile swath through national forests in Virginia and West Virginia. The written comments to federal regulators question why the proposed route of the Atlantic Coast Pipeline has to
Marcellus gas pipeline through WV forest concerns feds Read More »
Claims that methane emissions have been inaccurately measured don’t hold up to scrutiny – Katie Brown, Energy In Depth Methane – the primary component of natural gas – has been in the news a good bit this week, primarily in the context of the role it is expected to play (or not play?) in helping states comply with
Methane emissions are measured accurately by researchers Read More »
