Items Tagged with 'contract'

ARTICLES

SoCal Edison Inks 1,700 MW of Gas-Fired Deals

In an effort to make up for 2,200 MW of generation lost when the San Onofre Nuclear Generating Station (SONGS) was closed last year, Edison International's Southern California Edison Co. (SCE) has signed five contracts for nearly 1,700 MW of natural gas-fired generation and another 69 deals providing the rest. Read More

Nebraska Utilities, Canada's Big Bank Fight Over Gas Deal

In the heart of middle America there is a pre-winter dogfight unfolding in a federal district court in Omaha, NE, pitting a trading unit at the Royal Bank of Canada (RBC) against the local public sector utility and its nonprofit natural gas buying cooperative. The dispute centers on a $719 million, 30-year gas deal the bank wants to terminate. Read More

Futures Seasonality In Play; October Seen a Penny Higher

October natural gas is expected to open a penny higher Wednesday morning at $3.99 as traders balance a historically strong performance of the October contract against the outlook for plump storage injections going forward. Overnight oil markets recovered somewhat from Tuesday's drop. Read More

Antero Marcellus/Utica Ethane to Feed Cracker in Sweden

Ethane from the Marcellus and Utica shales will feed a flexible steam cracker in Stenungsund, Sweden, under a 10-year agreement between producer Antero Resources and Austria-based Borealis, a provider of polyolefins, base chemicals and fertilizers. Read More

Analyst Sees Market Down 15 Cents, Yet Expiring August Called a Penny Higher

The expiring August natural gas contract is set to open a penny higher Tuesday morning at $3.76 as traders square positions ahead of contract expiration yet still see plump storage builds containing any price rallies. Overnight oil markets were mixed. Read More

Cheniere's Corpus Christi Lands First Train 3 Customer

Electricite de France SA (EDF) has signed up to be the first foundation customer for the third train of Cheniere Energy Inc.'s Corpus Christi Liquefaction LLC project in Corpus Christi, TX. Read More

CFTC Again Extends Comment Period for Rulemaking Proposals

The Commodity Futures Trading Commission (CFTC) has for a second time extended the comment period for two rulemakings aimed at limiting speculative trading in the swaps markets. The agency proposed the rules late last year. Read More

Traders See Bullish Case Slip-Slidin' Away; August Called A Penny Lower

August natural gas is expected to open a penny lower Friday morning at $4.43 as traders see only limited market support from forecast warm weather, and admit that new downside technical parameters are in play. Overnight oil markets were narrowly mixed. Read More

Traders Balancing Stout Physical Market With Expected Triple-Digit Build

The expiring June futures contract is seen opening 2 cents higher Wednesday morning at $4.53 as traders mull strength in the cash market and position themselves before the release of Thursday's gas storage report. Overnight oil markets eased. Read More

Higher-Confidence Cold In Play; March Called Up 13 Cents

March natural gas is set to open 13 cents higher Monday morning at $6.26 as traders ratchet up once again expectations of bone-chilling cold expected to hit the eastern three-quarters of the nation. Overnight oil markets were mixed. Read More