Infrastructure

Skyrocketing wintertime Northeast gas prices are a pipeline problem and not due to a paucity of regional natural gas supply, a lawmaker from Maine told U.S. Energy Secretary Ernest Moniz, speculating on potential additional supplies if the Maritimes & Northeast Pipeline (M&NE) is reversed to tap the Marcellus.

Physical natural gas for Thursday delivery gained ground in Wednesday’s trading with higher quotes in the Gulf, Midwest, Midcontinent, Rockies and California equalling lower readings in New England. The overall market was unchanged at an average of $2.35.

Department of Energy Secretary Ernest Moniz said the nation should see construction of a limited…

There was a noticeable lack of bullishness, just straight talk on the prospects for natural gas in transportation by a panel of experts at last week's IHS CERAWeek in Houston.

With slumping oil and stagnant natural gas prices, the market for merger and acquisition (M&A) activity among exploration and production companies would appear to be a good bet. However, many of the biggest companies with the deepest pockets are remaining on the sidelines.

Skyrocketing wintertime Northeast gas prices are a pipeline problem and not due to a paucity of regional natural gas supply, a lawmaker from Maine told U.S. Energy Secretary Ernest Moniz, speculating on potential additional supplies if the Maritimes & Northeast Pipeline (M&NE) is reversed to tap the Marcellus.

Physical natural gas for Thursday delivery gained ground in Wednesday's trading with higher quotes in the Gulf, Midwest, Midcontinent, Rockies and California equalling lower readings in New England. The overall market was unchanged at an average of $2.35.

FERC on Monday granted Cheniere Energy Inc. permission to place into service its Creole Trail Expansion Project, located in Louisiana’s Beauregard and Cameron parishes.

Iowa-based Alliant Energy Corp.'s Wisconsin utility is seeking approval from the Public Service Commission of Wisconsin (PSCW) to build a 650 MW combined-cycle natural gas-fueled generating station at the company's Riverside Energy Center near Beloit, WI.