Historic

Following an unusually warm winter that limited natural gas consumption and helped drive prices down and inventories to historic highs, spring and early summer are likely to bring a mixed weather bag, including mostly warmer-than-normal temperatures in the Northeast, according to forecasters at Andover, MA-based Weather Services International (WSI).

ExxonMobil Corp. CEO Rex Tillerson on Friday said North America is in the midst of an “historic energy transformation.” And “the world is watching.”

ExxonMobil Corp. CEO Rex Tillerson on Friday said North America is in the midst of an “historic energy transformation.” And “the world is watching.”

A historic reversal of natural gas flows between Canada and the United States is inevitable, TransCanada Corp. says. The company is urging acceptance of its plan to make the switch with its own natural gas Mainline between Alberta and Ontario as the lesser of two evils.

Given continuing historic low U.S. natural gas prices, San Diego-based Sempra Energy said Tuesday it has amended its 20-year contract for liquefied natural gas (LNG) shipments from the Tangguh project in Indonesia to allow BP Indonesia more flexibility to divert LNG shipments to other, higher-paying global markets, particularly those on the Pacific Rim.

A historic reversal of natural gas flows between Canada and the United States is inevitable, TransCanada Corp. says. The company is urging acceptance of its plan to make the switch with its own natural gas Mainline between Alberta and Ontario as the lesser of two evils.

Historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called a “rapid shift in natural gas economics.”

Shale-inspired historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called “this rapid shift in natural gas economics.”

Shale-inspired historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called “this rapid shift in natural gas economics.”