Category: Natural Gas

Venezuela’s Natural Gas, Not Oil, Might Be a Big Early Prize

The New York Times – Business:
The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.
Energy Bills Have Soared Recently. How Can States Bring Costs Down?

Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall

The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
Why the Power May Not Go Out Until After the Storm Has Passed

The steady accumulation of snow and freezing rain and a rise in demand for electricity can cause problems long after the sky clears, energy experts said.
Storm Poses Big Threats to Power Grids Across U.S.

Managers of electric grids say freezing temperatures and ice and snow could lead to power outages in many places, potentially leaving millions in the dark.
Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception

President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
Wary of Investing in Venezuela, Big Oil Heads to the White House

The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage

The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if the political conditions there improve.
Heating Costs Expected to Rise 9.2% This Winter

Colder weather and rising electricity and fuel costs will lead to a big jump in costs for individuals, according to estimates from a group representing state energy officials.
Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy

Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
After Climate Push, Energy Companies Return to Fossil Fuels in Europe

Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.