electric

CNX Resources Corp. said Tuesday it would extend a long-term agreement with Evolution Well Services to continue utilizing an all-electric fracturing fleet in the Appalachian Basin. COO Chad Griffith said after four years of working with Evolution’s fleet the “safety, environmental and efficiency benefits” have been clearly demonstrated. CNX holds more than one million Marcellus…

Halliburton Co. and VoltaGrid LLC have clinched a multi-year contract with Aethon Energy Management LLC to deploy an all-electric fracturing solution in the Haynesville Shale. The project combines Halliburton’s all-electric fracturing spread, which uses the Zeus 5,000 hp electric pumping unit, with VoltaGrid’s power generation system, which offers real-time emissions tracking. “All-electric fracturing represents an…

Regulatory and policy changes in Mexico have dented investor confidence in the energy sector, according to a recent U.S. State Department report on the investment climate in the country. The report cites moves that favor state firms Petróleos Mexicanos (Pemex) and Comisión Federal de Electricidad (CFE).  “The changes have led private companies to file lawsuits…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process.

After finishing flat a day earlier, Natural gas futures mustered new momentum on Friday, ending the week in positive territory as mid-range forecasts for more heat outshined persistently weak demand for liquefied natural gas (LNG) amid fallout from the coronavirus pandemic.

Rains and relatively mild temperatures across much of the eastern half of the Lower 48, along with festering fallout from the coronavirus pandemic, curbed weekly spot gas prices for the June 15-19 period.

After pleading guilty to 84 counts of involuntary manslaughter and another count of starting a deadly fire in Paradise, CA in 2018, the sentencing of Pacific Gas and Electric Co. (PG&E) on Thursday was anticlimactic, with the court only imposing a fine of about $3.4 million. A restitution hearing is scheduled for early next year.

Mirage Energy Corp. has signed a $4 billion debt facility with the family office of Bluebell International to develop a natural gas project that would add cross-border capacity into Mexico and connect to the planned Permian Basin-to-Gulf Coast Whistler pipeline.

Natural gas futures traded in a narrow range of gains and losses Thursday and ultimately finished flat after traders absorbed a relatively bullish storage report that offset weather and demand uncertainty. The July Nymex contract settled at $1.638/MMBtu. August rose one-tenth of cent to $1.728.