The U.S. coal-fired generating fleet saw its output levels decline to nearly 966,000 GWh in 2019, the lowest level since 1976, marking the largest percentage decrease in history, the Energy Information Administration (EIA) said Monday.
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NGI The Weekly Gas Market Report
Decarbonization, Bio Solutions Hold Keys to Future LNG Growth, Says Shell Exec
Natural gas has a mammoth opportunity to act as a bridge fuel and beyond over the next 20 years, but industry has to solve the carbon issue, a top Royal Dutch Shell plc executive said last week.
NGI The Weekly Gas Market Report
4Q2019 Earnings: Southern Company’s Future Riding on Natural Gas, Nukes and Renewables, CEO Says
Atlanta-based Southern Co. sees natural gas providing a U.S. energy bridge stretching beyond 2050, combined with a growing portfolio of both nuclear and renewable resources.
Wyoming Governor to Fight for Protecting Natural Gas, Oil and Coal Development
Recognizing carbon sequestration needs to be part of the mix, Wyoming Gov. Mark Gordon on Monday pledged to continue advocating for the natural gas, oil and coal industries while pushing back against anti-fossil fuel advocates he called “myopic.”
Wyoming Governor’s Budget Proposal Looks to Low Carbon Options
In a state where natural resources are the major economic drivers, Wyoming Gov. Mark Gordon on Tuesday revealed that his austere budget priorities will emphasize the reality of low- and zero-carbon energy options.
Western Canada’s Coastal GasLink Gains New Majority Stakeholders
TC Energy Corp.’s 2.1 Bcf/d Coastal GasLine Pipeline Project, which would traverse the gassy fields of the Western Canadian Sedimentary Basin to move supply overseas, has gained KKR and Alberta Investment Management Corp. as majority stakeholders.
Insurance, Financial Support Dwindling for Oilsands, Coal and Arctic Drilling
Insurance giant The Hartford this month instituted a policy to no longer insure or invest in companies that generate more than one-quarter of their revenues or energy production from oilsands or coal.
Opposition Growing for Los Angeles Natural Gas-Fired Power Plant
Plans by the city of Los Angeles to develop an 845 MW natural gas-fired power plant to replace a coal generation unit in Utah are facing increasing public opposition.
BOEM ‘Systematically Underestimates’ Value of Offshore Oil, Gas Leases, Says GAO
The federal Bureau of Ocean Energy Management (BOEM) “systematically underestimates the value of offshore oil and gas leases, resulting in the government collecting hundreds of millions of dollars less than it could otherwise,” according to the Government Accountability Office (GAO).
North Carolina’s Draft Energy Plan Aims to Curb Natural Gas Buildout
Another in a chorus of states aiming to reduce greenhouse gas (GHG) emissions, North Carolina has published a draft Clean Energy Plan, a list of recommendations that, if enacted, would have major implications for natural gas use.