electricity

While New England is taking a fuel-neutral approach, it needs to have additional gas infrastructure, said Peter Brandien, vice president of system operations for ISO-New England.

Moderate natural gas and power prices, adequate gas storage inventories and growing natural gas production are all positive signs as colder weather approaches, FERC staff told the Commission Thursday during the Winter 2013-2014 Energy Market Assessment presentation.

PostRock Energy Corp. is buying about 22,000 net acres of leasehold in Pottawatomie, Cleveland and McCain counties in central Oklahoma for $3 million in cash and $7 million of its common stock. The company is targeting multiple reservoirs, the most significant of which is the Woodford Shale.

In anticipating 1 million b/d of North Dakota crude oil production in the next few months, the state’s chief oil/natural gas overseer said Tuesday that the Bakken Shale has changed world energy dynamics to the point that North America soon may be a net exporter of oil.

Magnolia LNG LLC has filed with the U.S. Department of Energy (DOE) for additional export approvals for its proposed liquefied natural gas (LNG) export project in Lake Charles, LA.

Sixty-seven percent of surveyed voters in Virginia said they support drilling for oil and natural gas resources off of their coast, according to a new poll conducted by Harris Interactive for the American Petroleum Institute (API).

British Columbia has multiple liquefied natural gas (LNG) export facilities being proposed for Canada’s west coast, and supporters believe that several might make the cut, but the two proposed export projects on the drawing board in Oregon are drawing questions, with some wondering if even one can become reality.

The two North American pipelines with substantial stakes in Mexico have passed up the latest bidding solicitation by Petroleos Mexicanos (Pemex), which has been looking for potential builders for a $1.8 billion natural gas pipeline, considered the biggest now ongoing in the country.

Natural gas will continue to grow in popularity as a source fuel for power generation in North America, but it still faces obstacles to catching on in other parts of the world, in large part because of disparate gas prices, according to a report by the World Energy Council (WEC).