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Natural Gas

All articles tagged with #natural gas

Oak Cliff Blast Kills 3 as Firefighters Race to Find More Victims
local9 hours ago

Oak Cliff Blast Kills 3 as Firefighters Race to Find More Victims

A natural gas–fueled explosion destroyed a 23-unit Oak Cliff apartment building, killing at least three people (two women and a child) and sending four others to the hospital, as rescuers excavate rubble and search for more victims; the NTSB is launching an investigation into the gas incident, Atmos Energy notes a nearby pipeline damaged by a construction crew, and authorities have set up assistance centers and community aid as the incident remains active.

via KERA News|
#dallas#explosion#local
energy-and-climate18 days ago

No Crystal Ball on Gas Prices as Iran Conflict Keeps Markets Watching

Energy Secretary Chris Wright declined to predict gas prices as the Iran conflict keeps prices volatile, saying the U.S. remains the world’s largest producer of oil and natural gas and that natural gas costs haven’t risen; he noted gasoline and diesel will stay high for now but could eventually come down, and suggested considering relief options such as a federal gas tax.

via Politico|
#energy-and-climate#energy-policy#gas-prices
Colorado lawmakers step in to blunt proposed constitutional right to natural gas
politics19 days ago

Colorado lawmakers step in to blunt proposed constitutional right to natural gas

Colorado lawmakers are racing to draft a last-minute bill to blunt Initiative 177, a voter-led effort to enshrine a constitutional right to natural gas. Supporters say the measure protects consumers from energy costs, while critics warn it could conflict with climate goals and air-quality regulations and complicate existing oil-and-gas rules as the signatures are gathered for a statewide vote.

via The Colorado Sun|
#ballot-initiative#climate-policy#colorado
Norway to Restart Three North Sea Gasfields to Boost European Supply
oil-and-gas-industry22 days ago

Norway to Restart Three North Sea Gasfields to Boost European Supply

Norway will reopen three North Sea gasfields—Albuskjell, Vest Ekofisk and Tommeliten Gamma—that last produced gas in the 1980s, with output planned for 2028 and expected to run about 20 years to bolster European gas supplies as Germany and the UK seek alternatives to Russia and the Middle East. The fields hold an estimated 90–120 million barrels of oil equivalent and are licensed to ConocoPhillips, Vår Energi, Petoro and Orlen. The government’s plan also includes offering 70 new exploration blocks, mostly in the Barents Sea, despite environmental concerns and political opposition.

via Financial Times|
#ekofisk#energy-security#europe
Hormuz Closure Triggers Global Fertilizer Shock and Food-Price Pressure
world1 month ago

Hormuz Closure Triggers Global Fertilizer Shock and Food-Price Pressure

The closure of the Strait of Hormuz amid Iran’s war and disputed ceasefire has disrupted roughly half of fertilizer feedstock shipments, driving fertilizer prices up about 30–40% in the last month and threatening higher food prices or shortages as spring planting unfolds. Nitrogen fertilizer has climbed over 35% and phosphorus about 19%, and with the Haber‑Bosch process heavily dependent on LNG, cleaner alternatives aren’t online yet, so the shock could last months and affect crops through late summer and into 2027, potentially prompting farmers to cut fertilizer use or switch crops to cope.

via The Verge|
#fertilizer#food-security#natural-gas
Nevada utility weighs fossil-fuel fix for data-center power boom
business1 month ago

Nevada utility weighs fossil-fuel fix for data-center power boom

Nevada’s largest utility is weighing a gas‑fired pathway to power the rapid rise of data centers, arguing that new or expanded fossil-fuel generation may be needed to ensure reliable electricity as states push for cleaner energy, with existing gas plants like the Edward Clark Generating Station illustrating current reliance on natural gas amid the tension between data-center demand and long-term decarbonization goals.

via AP News|
#business#clean-energy-goals#data-centers
Iran War Triggers Global Energy Rebalance Amid Strait Disruption
energy2 months ago

Iran War Triggers Global Energy Rebalance Amid Strait Disruption

War-driven disruption around Iran and the closure of the Strait of Hormuz is tightening global energy markets, sending oil and LNG prices higher and forcing countries to ration fuel and shift toward coal and renewables. Even if the strait reopens soon, analysts expect a persistent supply 'air pocket' and multi-year LNG loss, keeping prices elevated through 2026. The crisis is already prompting shifts—from increased coal use in Europe and Asia to accelerated renewables and EV adoption in Asia—and is spurring calls for a broader, all-of-the-above energy strategy in the US and elsewhere as energy security and investment choices adapt to a more volatile global landscape.

via Heatmap News|
#energy#iran-war#liquified-natural-gas
NextEra Wins Presidential Backing for 10 GW of Gas-Fired Hubs
business2 months ago

NextEra Wins Presidential Backing for 10 GW of Gas-Fired Hubs

NextEra Energy announced that President Trump approved developing up to 10 gigawatts of natural gas‑powered generation in Texas and Pennsylvania, tied to Japan's $550 billion investment commitment under a U.S.–Japan trade deal. The projects would be owned jointly by Japan and the U.S. and built and operated by NextEra, aiming to meet rising power demand, strengthen the U.S. industrial base, and avoid increasing electricity costs for Americans. Progress depends on definitive documents and successful development, construction and commissioning, with NextEra leveraging its hub strategy (about 30 hubs today, targeting ~40) to accelerate delivery.

via NextEra Energy Newsroom|
#10-gw#business#energy-infrastructure
Iran Attacks Spark LNG Price Surge, Boosting US LNG Stocks
business2 months ago

Iran Attacks Spark LNG Price Surge, Boosting US LNG Stocks

Iranian strikes on LNG hubs including Qatar’s Ras Laffan could knock out about 17% of QatarEnergy’s LNG capacity for 3–5 years and threaten a sizable share of world LNG supply, sending European gas prices to multi-year highs and likely keeping LNG prices elevated through 2026, while U.S. exporters such as Cheniere Energy, NextDecade and Venture Global rallied on the tighter market.

via Barron's|
#business#european-gas-prices#iran