January Nymex natural gas futures extended a relief rally into the fourth trading day Monday as hints of colder January weather provided some support, but weather and fundamental outlooks suggested the upside movement would be short lived. At A Glance: Futures reverse early larger gains Supply outweighs brief weather support Cooldown helps cash mostly higher…
Kentucky
Articles from Kentucky
Kentucky Utilities Looking to Retire, Replace Natural Gas Facilities, Add Renewables
Louisville Gas & Electric Co. (LG&E) and Kentucky Utilities Co. (KU) have filed a joint application requesting approval by the Kentucky Public Service Commission (PSC) to retire and replace three natural gas simple-cycle combustion turbines and four coal-fired electric generating units. Under the proposal, the utilities would replace the retired facilities with two natural gas…
As Demand Further Strengthens, August Natural Gas Futures Extend Rally; Cash Prices Climb
Natural gas futures on Monday advanced for a seventh consecutive session as robust domestic cooling demand and strong liquefied natural gas (LNG) export levels continued to drive up prices that are at their highest levels since 2018. The August Nymex contract advanced 4.2 cents day/day and settled at $4.102/MMBtu. The prompt month gained nearly 11%…
Diversified’s Kentucky Deal to Address Plugging Liabilities
Diversified Gas & Oil plc, which has faced scrutiny in the Appalachian Basin over well plugging liabilities, has cut a long-term deal with regulators in Kentucky to further address asset retirement obligations.
Pittsburgh-Based Peoples Acquiring Kentucky NatGas Utility
Peoples Natural Gas has struck a deal to acquire Delta Natural Gas of Winchester, KY, which serves 36,000 customers in central and southeastern Kentucky.
Major CNG Fueling Equipment Suppliers to Merge
Southern California-based Agility Fuel Systems and part of Hexagon Composites, a group of Norway-based companies, announced Tuesday they will merge to form Agility Fuel Solutions, a provider of complete compressed natural gas (CNG) onboard fuel tank and fueling systems for medium- and heavy-duty natural gas vehicles (NGV).
Westlake Expanding Kentucky Ethylene Capacity
Westlake Chemical Partners LP said it is proceeding with plans to expand ethylene production capacity at its Calvert City, KY, facility.
Chesapeake Drills Vertical Rogersville Tests; More Permits Issued in Play
Chesapeake Energy Corp. has become the latest operator to sink its drill bits into the Rogersville Shale, with two vertical test wells in Eastern Kentucky’s Lawrence County, according to the Kentucky Geological Survey (KGS).
Rogersville Shale Tests Shrouded in Secrecy as Oil/Gas Rush Begins
Dozens of oil and natural gas plays in the Appalachian Basin have helped to define the nation’s fossil fuel production since the 19th century, but unconventional drilling technology now finds operators searching somewhat secretly underneath it for more reserves.
Rogersville Shale Activity Heating Up in Kentucky, West Virginia
As Kentucky prepares for what could be a sharp increase in unconventional oil and gas exploration, with interest growing in the Rogersville Shale, the state has passed new legislation, is working to update its regulations and is installing a network of seismic and groundwater monitoring equipment.