Natural Gas

University of Texas Cockrell School of Engineering photo

EDF, API take sides over reported EPA methane regs

The head of an environmental group that has backed the regulation of methane from oil and gas production reacted positively late Tuesday to a news report that the Obama administration will propose new rules this year.

At the same time, the oil industry's trade association argued that it is already cutting emissions and does not need federal standards.

The Environmental Defense Fund's president Fred Krupp said an administration regulatory strategy, reported by The New York Times to be unveiled this week, could be a "landmark moment" for the push to rein in methane if it indeed sets ambitious reduction targets.

FirstEnergy sees its future in natural gas

Pittsburgh Post-Gazette

FirstEnergy Corp., operating in the territory of the Marcellus Shale and the Utica Shale, is shifting its focus away from electricity generation to the more profitable business of natural gas processing and transmission, the Pittsburgh Post-Gazette reports.

FERC should OK Oregon LNG export terminal: Lawmakers

The Hill

Fourteen lawmakers from Western states have sent a letter to Federal Energy Regulatory Commission chair Cheryl LaFleur, urging the FERC to approve the Jordan Cove Project, an LNG export terminal proposed for Oregon’s Coos Bay, The Hill reports.

Size and support keeps Alaska LNG on track

Alaska Dispatch News

Market conditions may have delayed other proposed LNG facilities, but the massive project in Alaska, supported by the state and a number of major oil companies, is proceeding according to its timeline, the Alaska Dispatch News reports.

Idea for gas terminal off East Coast rankles fracking foes

EATONTOWN, N.J. (AP) — All that would peek above the ocean waves off New York and New Jersey would be two small buoys tethered to underwater pipes. But they're already casting a large shadow, with potential effects on the economy of the New York metropolitan area, the marine environment, and even America's future as a net importer or exporter of energy.

Liberty Natural Gas wants to build a deep-water port in federal waters 19 miles off Jones Beach, New York, and 29 miles off Long Branch, New Jersey. Its stated purpose is to bring additional natural gas into the New York area during times of peak demand, thereby lowering home-heating prices.

Frigid weather failing to boost natural gas prices

The Wall Street Journal

No winter rally has materialized for natural gas despite the onset of cold weather, The Wall Street Journal reports, noting that prices have slumped 35 percent since mid-November and speculating that traders are betting that supplies are sufficient to cope with the winter season this year.

Natgas demand to rise with increase in gas-fired plants: API


Natural gas demand will grow this year as the power sector increasingly turns to gas-fired plants to generate electricity, according to the American Petroleum Institute’s annual “State of American Energy” report and the API’s chief economist John Felmy, Platts reports.

Cyprus says peace talks to remain on hold, blames Turkey

NICOSIA, Cyprus (AP) — Hopes that stalled talks to reunify ethnically divided Cyprus would resume any time soon grew dimmer Tuesday after the Cypriot government blamed Turkey's "extremely provocative" plans to renew an oil and gas search off its coast for scuttling a return to negotiations.

Cyprus government spokesman Nicos Christodoulides said that the current deadlock in peace talks is due to Turkey's "threatening and arrogant behavior" that leaves the island no option but to defend its sovereign rights.

Ohio quakes linked to fracking, study finds


Researchers at Miami University in Ohio – in a study published in the Bulletin of the Seismological Society of America – have linked earthquakes felt in Poland Township last year to hydraulic fracturing at wells operated by Hilcorp Energy, FuelFix reports.

American Energy to bring Appalachian ops under one umbrella

The Wall Street Journal

Aubrey McClendon’s American Energy Partners will combine its operations in the Marcellus Shale and Utica Shale under the name American Energy Appalachia Holdings in an all-stock deal, the company said, according to The Wall Street Journal.


Subscribe to Natural Gas