The amount of natural gas used by UK power stations to generate electricity neared an 11-month high Monday as unfavorable weather conditions for renewable generation technologies led to higher gas-fired generation, figures from the National ...
Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...
Tags: nuclear reactors, LNG
The UK needs to allow more shale gas exploration wells nation-wide before a reliable picture of the effect of a shale industry on the country can be properly formulated, the Task Force on Shale Gas said late Monday. The Task Force on ...
Tags: shale gas, natural gas
The NYMEX January natural gas futures contract continued its downward slide Tuesday, dropping 6.8 cents to settle at $1.826/MMBtu as warm weather forecasts continue to put significant pressure on the contract. The National Weather ...
Tags: Gas, temperatures
Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
Oman is close to awarding construction contracts and reaching financial close for its planned Liwa Plastics petrochemicals complex and Salalah LPG plant, sources close to the projects said Monday. Approximately $5.2 billion of funding is ...
Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has received two orders for research MBE machines. The Fraunhofer HHI (Heinrich Hertz Institute) in ...
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
Locational marginal prices for November in New York were the lowest since the New York Independent System Operator began managing the transmission grid in 1999, Rana Mukerji, senior vice president of market structures, said Wednesday during ...
Tags: natural gas, Power Prices
The EU will stick to its goal to cut emissions by at least 40% by 2030 for the moment, and any decision to change that will not be taken till after 2020, the EU's climate action and energy commissioner Miguel Arias Canete said Monday. The ...
Tags: greenhouse gas
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...
Tags: Wind generation, coal-fired generation, natural gas-fired generation
Bulgaria and the European Commission have agreed to establish a joint working group to support the development of a gas hub in Bulgaria designed to serve the whole Balkan region. Gas infrastructure in southeast Europe is poorly ...
The NYMEX January natural gas futures contract settled at $1.990/MMBtu Friday, down 2.5 cents. A prompt-month contract has not settled lower since reaching $1.975/MMBtu on April 24, 2012. The fall in the January contract comes as the ...
Tags: Natural Gas, temperatures, prices