Natural Gas

2 ships collide off Belgium's Zeebrugge; crew of 11 rescued

BRUSSELS (AP) — A Dutch cargo ship sank off the Belgian coast after colliding with a gas tanker early Tuesday. The crew of 11 was rescued.

The accident happened close to the busy waterway off the port of Zeebrugge, which many ships use on their way to Europe's major ports to Rotterdam and Antwerp.

Exported LNG cleaner than coal, says natgas industry


An analysis released Monday by the Pace Global Center for Liquefied Natural Gas concludes that overseas power plants burning LNG shipped from the U.S. still would release far fewer greenhouse gases than those burning local coal, FuelFix reports.

FERC's Clark, lawmakers speak at North American Gas Forum

Washington, October 6, 2015, 8:00 am

The North American Gas Forum wraps up with Rep. Ted Poe, R-Texas, Rep. Bill Johnson, R-Ohio, Sen. Heidi Heitkamp, D-N.D., and Commissioner Tony Clark of the Federal Energy Regulatory Commission among the scheduled speakers.

New York City explosion kills 1, hurts 3; gas leak suspected

NEW YORK (AP) — The removal of a stove may have led to a gas leak that caused an explosion and fire that ripped through a three-story building in Brooklyn, killing a woman inside and injuring three passers-by, authorities said.

Firefighters received a call at about 1 p.m. Saturday reporting an explosion at a building in the Borough Park neighborhood. Emergency crews found the entire front of the building blown into the street.


US rig count declines by 29 to 809, oil rigs down to 614

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. this week declined by 29 to 809, according to oilfield services company Baker Hughes Inc.

Houston-based Baker Hughes said Friday that 614 rigs were seeking oil and 195 explored for natural gas. A year ago, with oil prices about double the prices now, 1,922 rigs were active.

US continues to widen lead as world's top natural gas producer


The United States continues to widen its lead as the world’s largest natural gas producer, a remarkable surge from a decade ago when worries abounded that Americans might need to import the product to meet growing demand, Platts reports.

Natgas slides more than 3 percent to 3-year low

The Wall Street Journal

Pressure from growing supplies sent the Nymex November natural gas contract slumping 9.1 cents, or 3.6 percent, Thursday to settle at $2.433 per million British thermal units, a level not seen since June of 2012, The Wall Street Journal reports.

Judge blocks federal oil, gas drilling rules pending lawsuit

CHEYENNE, Wyo. (AP) — A judge on Wednesday blocked new nationwide regulations for oil and gas drilling on federal lands from taking effect while a lawsuit moves ahead, pointing to a law that prohibits the U.S. Environmental Protection Agency from regulating hydraulic fracturing.

Just because the EPA lacks authority to regulate fracking doesn't mean the U.S. Bureau of Land Management has leeway to do so, U.S. District Judge Scott Skavdahl wrote. "In the absence of a statute conferring authority, an administrative agency has none," he wrote.

Liquefied gas port, pipeline get environmental OK in Oregon

GRANTS PASS, Ore. (AP) — Federal regulators granted final environmental approval Wednesday for building a pipeline and port facilities for shipping Rocky Mountain natural gas to Asia via the Oregon coast.

The final environmental impact statement prepared for the Federal Energy Regulatory Commission found that building and operating the gas terminal and pipeline would cause some environmental damage.

Icahn still growing stake in Cheniere

The Wall Street Journal

Funds controlled by activist investor Carl Icahn now hold more than 27 million shares of Cheniere Energy Inc., amounting to an 11.43 percent stake in the company that’s gearing up to start LNG exports, according to a filing with the Securities and Exchange Commission, The Wall Street Journal reports.


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