Duncan

General Electric has hired a third party to sell all or parts of its 800 MW natural gas-fired power plant in Riverside County, CA, about 70 miles east of downtown Los Angeles.

Houston-based Talos Energy Inc. said Thursday it has clinched agreements with BP plc and with ExxonMobil Corp. to expand exploration ventures in the deepwater U.S. Gulf of Mexico (GOM).

The House Republican Steering Committee has selected South Carolina Rep. Jeff Duncan, an ardent supporter of offshore energy development, hydraulic fracturing and the Keystone XL pipeline, to serve on the powerful House Committee on Energy and Commerce (E&C). He would replace Rep. Tim Murphy (R-PA), who resigned earlier this month.

With an eye toward winter weather, natural gas price volatility is likely to return in 2017, given the prospect for potential capacity constraints and ever-larger exports to Mexico to support gas-fired generation, according to ConocoPhillips’ Jim Duncan, who directs commodity market research.

The oil price rout wasn’t much of a shock to ConocoPhillips executive Jim Duncan. The story first had played out in natural gas, as unconventional production took over, and the oversupply still is looking for a home.

The oil price rout wasn’t much of a shock to ConocoPhillips executive Jim Duncan. The story first had played out in natural gas, as unconventional production took over, and the oversupply still is looking for a home.

The shale boom does not come without risks, but it is presenting some major potential economic benefits for the United States if the industry and the nation can negotiate the “riskier parts of commercial commodity management,” according to ConocoPhillips Marketing Analysis Director Jim Duncan, who spoke at the LDC MidContinent Gas Forum in Chicago Monday.

A ConocoPhillips chief analyst/strategist on Wednesday told an industry audience in Chicago that there will be no major hurricanes through the Gulf of Mexico (GOM) or elsewhere in the United States this year.

In a broader global energy picture that is a “smorgasbord of fragmented pieces,” the United States is headed for a return to gas-on-gas competition among shale-dominated natural gas basins, according to Jim Duncan, ConocoPhillips chief analyst and commodity market strategist in Houston.