natural gas prices

Portland General Electric (PGE) has more than a billion dollars worth of new generation coming to fruition in the next two years, and $750 million is tied up in two new natural gas-fired plants, according to PGE CEO Jim Piro.

Anadarko Petroleum Corp.-formed master limited partnership Western Gas Partners LP is buying Delaware Basin gas gatherer and processor Nuevo Midstream LLC for $1.5 billion. It’s the largest acquisition made by the partnership to date, according to management.

A natural gas leak at an unconventional well operated by American Energy Partners LP affiliate American Energy Utica LLC prompted an overnight evacuation order in southeast Ohio’s Jefferson County after emergency management officials feared it could lead to an explosion, according to state regulators.

Shell Midstream Partners LP on Wednesday debuted as one of the largest master limited partnership (MLP) initial public offerings in more than 10 years.

Mountain Valley Pipeline, a joint venture (JV) of affiliates of EQT Corp. and NextEra Energy Inc., has requested that FERC initiate its National Environmental Policy Act pre-filing review of the Mountain Valley Pipeline Project, a proposed 300-mile pipeline that would deliver Marcellus and Utica shale natural gas to high-demand markets in the southeastern United States.

Noble Energy Inc. achieved record sales volumes during the third quarter, due in large part to the company continuing to develop its assets in the Denver-Julesburg (DJ) Basin and Marcellus Shale, but also thanks to an increase in natural gas demand in Israel.

In the first of a series of public meetings Tuesday night, the nation’s largest municipal utility, the Los Angeles Department of Water and Power (LADWP), unveiled an updated integrated resource plan (IRP) calling for eliminating its use of coal-fired generation by 2026 and nearly doubling its current use of natural gas-fired power supplies.

Williams Partners LP’s repaired and expanded Geismar Olefins plant in Louisiana is expected to begin manufacturing ethylene for sale in November.

Exporting liquefied natural gas (LNG) will raise prices for domestic natural gas, but U.S. producers can keep up with the additional demand and keep the gas market balanced, according to an updated analysis released by the U.S. Energy Information Administration (EIA) Wednesday. In short, LNG exports are a win for the U.S. economy, EIA said again.