Massive Siemens gas turbine takes a ride to Florida
FPL started construction on the $1.2 billion plant in the first quarter of 2014 and expects it to come online in 2016. More »
LNG exports could increase production and price of gas, report says
Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis. More »
Production starts at natural gas development in Malaysia
Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017. More »
Freeport LNG holds groundbreaking ceremony
The first construction will build two liquefaction trains, which will cool natural gas until it becomes a liquid more suitable for shipping overseas. More »
Now energy-rich, Israel seeks oil and gas partners
Amit Lang, director general of Israel’s Ministry of Economy, was in Houston recently seeking investment in the country’s nascent energy industry, and says it can offer high-tech water treatment and cyber-security technology in return. More »
Natural gas storage on track to recover from last winter’s lows
Natural gas storage inventories usually rise over the summer months and are drawn down in the winter as the fuel is used to heat homes. More »
U.S. jobs report helps send oil prices higher
Oil for December delivery rose 74 cents to settle at $78.65 a barrel on the New York Mercantile Exchange. More »
CenterPoint giving refunds to Midwestern customers ahead of winter
The happy forecast from utilities, weather forecasters and the federal government predict that last winter’s record cold won’t repeat. More »
Oil rises after inventory report
Oil for December delivery rose $1.49 to settle at $78.68 a barrel on the New York Mercantile Exchange. More »
Denton voters pass fracking ban
The vote made Denton, which sits atop a large natural gas reserve, the first city in Texas to pass such a ban. It sets up a legal showdown between the city and industry groups that have warned the ban could be followed by lawsuits and a severe hit to Denton’s economy. More »
Targa profits double in third quarter, led by NGLs
Targa Resources Partners said it saw more volume and fees from its natural gas liquid business. More »
Crude oil settles below $80 a barrel
Oil tumbled last month after Saudi Arabia, Iraq, Iran and Kuwait cut prices, leading to concern that OPEC members were fighting for market share. More »
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