Fueled by unrelenting heat across Pacific Northwest, Western Canada and the East Coast, natural gas forwards surged in the trading period ending June 30, according to NGI’s Forward Look. August prices shot up an average 19.0 cents over the six-day period, led by an astounding C28.0-cent climb at NOVA/AECO C. The stout gains continued throughout…
Fires
Articles from Fires
California Wildfire Fund Awaits $10.5B Contribution from Utilities
California’s new $21 billion wildfire fund is awaiting decisions from three major investor-owned power utilities to provide half of the money needed to offer relief to victims of future fires.
PG&E to File for Bankruptcy, Searching for New CEO
The board of PG&E Corp. said Monday it intends to file for Chapter 11 bankruptcy reorganization before the end of the month. CEO Geisha Williams has resigned.
Wildfires Continue Across California as Legislative Push Heats Up
Wildfires, including the largest in California’s history, continued to burn over the weekend, while lawmakers in Sacramento debated the liability issue hovering over major utility companies that are facing precarious financial times.
Oil, Gas Operations Appear Unscathed by Colorado Wildfires
Oil and natural gas operations on Wednesday remained untouched by a series of wildfires raging in Colorado, industry representatives told NGI’s Shale Daily.
Greene County, PA Well Fire Did Not Produce Harmful Air Pollution, DEP Says
No indication of unusual levels of pollutants that would suggest a potential health concern for local residents or emergency responders was found as a result of fires at a Chevron Appalachia well site in Greene County, PA, earlier this year, according to Pennsylvania’s Department of Environmental Protection (DEP).
CSB Recommends Cleaning Pipes with Air, Not Gas
In an effort to prevent fires and explosions caused when natural gas is used to clean or purge gas pipes of debris, air or other substances, typically during facility construction and maintenance, the U.S. Chemical Safety Board (CSB) in a 4-1 vote last week approved a list of “urgent recommendations” for the Occupational Safety and Health Administration (OSHA), the National Fire Protection Association (NFPA) and others.
Chemical Safety Board Recommends Cleaning Pipes with Air, Not Gas
In an effort to prevent fires and explosions caused when natural gas is used to clean or purge gas pipes of debris, air or other substances, typically during facility construction and maintenance, the U.S. Chemical Safety Board (CSB) in a 4-1 vote Monday night approved a list of “urgent recommendations” for the Occupational Safety and Health Administration (OSHA), the National Fire Protection Association (NFPA) and others. Among the recommendations is to require “the use of inherently safer alternatives such as air blows or pigging with air in lieu of flammable gas.”
Pennsylvania Regulators Look to Foster Retail Gas Competition
Looking to stoke the fires of competition in the Pennsylvania retail natural gas market, the Pennsylvania Public Utility Commission (PUC) has begun the process of making regulatory changes to promote the leveling of the market playing field.
Pennsylvania Regulators Look to Foster Retail Gas Competition
Looking to stoke the fires of competition in the Pennsylvania retail natural gas market, the Pennsylvania Public Utility Commission (PUC) has begun the process of making regulatory changes to promote the leveling of the market playing field.