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The United Nations (UN) issued its fourth and final report on global climate change last Saturday, putting an exclamation point on the growing consensus that global warming is real, humans have contributed significantly to it and an international effort will be needed to mitigate and reverse its potential negative impacts. It leaves the energy industry facing greater pressures, particularly the coal sector.

As the winter heating season gets closer, the AccuWeather.com long-range center continues to drive home the point that a very warm winter is on the way for much of the nation, especially east of the Rockies. If the forecast is confirmed, the natural gas and power markets could be in for lower prices as demand for both commodities lays off.

Natural gas prices continue to be volatile, but most signs point to favorable rating trends for the U.S. oil and natural gas sector for the rest of this year and into 2008, according to an industry report card by Standard & Poor’s (S&P).

Natural gas prices continue to be volatile, but most signs point to favorable rating trends for the U.S. oil and natural gas sector for the rest of this year and into 2008, according to an industry report card by Standard & Poor’s (S&P).

As temperatures moderated across the country, almost every cash market point across the country saw a significant double-digit cent decline Friday except for a few Rockies points, which enjoyed small rebounds following a deep plunge Thursday.

A federal appeals court has breathed new life into a lawsuit brought by six members of the Pleasant Point Passamaquoddy Reservation who are seeking to derail the Quoddy Bay liquefied natural gas terminal (LNG) proposed for development on tribal land in Maine.

A federal appeals court has breathed new life into a lawsuit brought by six members of the Pleasant Point Passamaquoddy Reservation who are seeking to derail the Quoddy Bay liquefied natural gas terminal (LNG) proposed for development on tribal land in Maine.

Southwestern Electric Power Co. (SWEPCO) officials, nearing the halfway point of nearly two weeks of Arkansas Public Service Commission hearings on their proposed 600 MW coal-fired baseload power plant near Texarkana, AR, said Thursday that an alternative presented by attorneys opposing the use of coal — and pushing instead for 100% natural gas generation — would drive them into bankruptcy.

Northwest completed an anomaly investigation south of Muddy Creek Compressor Station and lifted the associated Declared Deficiency Period. The Muddy Creek South Constraint Point was reset to its north-flow design capacity of 513,000 Dth/d Friday. Due to a unit inspection at Caldwell Compressor Station, where Primary firm nomination requests exceeded the available capacity of 412,000 Dth/d, Northwest notified shippers of a Declared Deficiency Period at Caldwell for Friday’s gas day only.