The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...
Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...
Tags: Chevron, oil prices, shale oil
The U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) announced today that XTO Energy, Inc. (XTO), a subsidiary of ExxonMobil and the nation’s largest holder of natural gas reserves, will spend an ...
The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...
Tags: natural gas, analyst, Coal
Natural gas production is expected to increase in five of six significant US shale and unconventional plays in April compared with March levels, according to the US Energy Information Administration. The EIA's monthly drilling ...
Tags: Natural Gas, Per-rig gas, shale
Cabot Oil & Gas Corporation (NYSE: COG) today reported the execution of a definitive gas sale and purchase agreement with Pacific Summit Energy LLC, a wholly owned subsidiary of Sumitomo Corporation, under which Cabot has agreed to sell ...
Tags: Oil, Gas, Metallurgy, Mineral, Energy
Dominion (NYSE: D), one of the nation's largest energy companies, has contracted to deliver 500,000 dekatherms per day of natural gas produced in West Virginia to various interconnections with pipelines in Ohio, as producers look westward ...
Tags: Metallurgy, Mineral, Energy
CONSOL Energy Inc. (NYSE: CNX), a leading Appalachian natural gas producer, is providing an update on Marcellus Shale well results from several CONSOL-operated drilling pads in Washington County, Pa. The eleven wells on three pads had an ...
Tags: Metallurgy, Mineral, Energy, oil, gas
Peoples Natural Gas announced today that the Federal Energy Regulatory Commission (FERC) has granted all of its required approvals related to the transaction with EQT Corporation (NYSE: EQT) for the Peoples Natural Gas purchase of EQT's ...
Tags: Oil and Gas News, Peoples Natural Gas, EQT, Purchase
Noble Energy, Inc. (NYSE: NBL) announced today discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest (SW) exploration well offshore Israel. At Dantzler, wireline logging data indicates ...
Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) announced today that its subsidiary, Gastar Exploration USA, Inc. ("Gastar USA"), closed its acquisition of Mid-Continent assets from Lime Rock Resources II-A, L.P. and Lime Rock Resources ...
Tags: Gastar Exploration, close, mid-continent, acquisition, million, senior
Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) today announced that the Mid-Con 6H well in its Hunton Limestone oil play reached a peak 24-hour gross initial production ("IP") rate of 1,442 barrels of oil equivalent ("BOE") per day and ...
Tags: Gastar Exploration, Mid-Con, 6H, well, Hunton Limestone, oil
Valerus, one of the world's leading providers of integrated oil and gas handling and processing solutions, announced that they have been awarded a contract from Pittsburgh-based EQT Corporation to provide 15,000 HP of compression for two ...
Tags: Valerus, award, compression, Marcellus, shale