Country

San Antonio’s CPS Energy, the country’s largest municipally owned natural gas and power utility, will announce this week that it is buying the Rio Nogales 800 MW gas-fired power plant in Seguin, TX, a spokesperson told NGI.

Despite problems with past energy lease sales in Utah, the Bureau of Land Management (BLM) Canyon Country District plans to conduct additional planning and analysis for new natural gas, oil and potash (mined salt) leasing on about 783,000 acres of public lands within the Moab and Monticello planning areas in the eastern part of the state. Specifically, the Interior Department’s BLM intends to prepare a master leasing plan (MLP), amendments to the Moab and Monticello Resource Management Plans (RMP) and a single environmental impact statement (EIS).

The Bureau of Land Management (BLM) Canyon Country District in eastern Utah will do additional planning and analysis for new leasing of oil, natural gas and potash (mined salt) on about 783,000 acres of public lands within the Moab and Monticello planning areas in the eastern part of the state.

North Louisiana’s Haynesville Shale boom has been a starring player in the country’s natural gas renaissance. However, conventional drilling in the southern part of the state has been stymied by the threat of litigation over things that occurred decades ago, producers have argued and a new study asserts.

North Louisiana’s Haynesville Shale boom has been a starring player in the country’s natural gas renaissance. However, conventional drilling in the southern part of the state has been stymied by the threat of litigation over things that occurred decades ago, producers have argued and a new study asserts.

Cash prices worked higher Thursday amid nuclear outages and supportive weather in a few regions of the country. Northeast points registered stout gains, and for the most part traders were able to complete their exchanges prior to the 10:30 a.m. EST Energy Information Administration (EIA) report that showed a withdrawal of 166 Bcf, somewhat lighter than expected.

U.S. shale gas resources have proved to be a boon to the domestic economy and an aid to potential climate change policy, but there are risks in basing the country’s energy outlook on high expectations for recoverable reserves, according to a trio of energy economists.

U.S. shale gas resources have proved to be a boon to the domestic economy and an aid to potential climate change policy, but there are risks in basing the country’s energy outlook on high expectations for recoverable reserves, according to a trio of energy economists.

Cash prices on Friday rose throughout the country except for in the Northeast following Thursday’s strength in futures, but the March contract eased as the market couldn’t shake the stranglehold of moderate weather and plump storage.