Thursday, 6 February 2025

Spotlight: Natural Gas

FILE PHOTO: A Con Edison company flag is seen in New York July 1, 2012. REUTERS/Eric Thayer/File Photo
BusinessEfficiencyElectricityFinanceFuelInfrastructureNatural GasNewsSolarTransmissionUtilitiesWind

Consolidated Edison beats second-quarter profit estimates

Consolidated Edison beat Q2 profit estimates, with revenue up 9.4% to $3.22 billion, driven by hotter weather and increased energy use.

FILE PHOTO: Coterra Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOil

Coterra Energy misses quarterly profit estimates

Oil and gas company Coterra Q2 results show natural gas price fall hitting profit estimates.

FILE PHOTO: The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelIndigenousInfrastructureNatural GasNewsPoliticsTransmission

Indigenous communities to borrow C$1 billion for TC Energy pipeline stake: report

Canada’s Indigenous communities plan a C$1 billion bond offering to fund a minority stake in TC Energy’s natural gas pipeline system.

Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/ File Photo
BusinessEconomyNatural GasNewsOilPolitics

North Sea oil and gas producers say UK windfall tax is a ‘wrecking ball’

Drilling companies say to expect a sharp drop in revenue following increased UK windfall tax on oil and gas companies.

FILE PHOTO: Pumpjacks and other infrastructure for producing oil dot fields outside of Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File Photo
AnalysisClimateEmissionsEnvironmentFuelNatural GasNewsOilReports

Drillers emit far more methane than US estimates, aerial survey shows

U.S. oil and gas basins are emitting around four times more planet-warming methane than federal regulators have estimated, survey shows

AnalysisEconomyNatural GasOilOpinionPolitics

For decades, governments have subsidised fossil fuels. But why?

Despite growing climate concerns, fossil fuels still supply over 80% of global energy, driven by subsidies to ensure energy security and economic stability.

HydrogenNatural GasNewsTransmission

Enagas gets first nod to develop Spanish section of H2MED hydrogen pipeline

Enagas is moving to transition from its traditional role as a natural gas grid operator to managing a network of hydrogen infrastructure, taking...

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

US oil and gas mergers continue at furious pace in Q2, says Enverus

Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.

The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/ File Photo
BusinessIndigenousNatural GasNewsPolitics

Canada’s TC Energy to sell pipeline stake to some indigenous communities for $722 million

Minority stake in gas transmission system set for TC Energy sae to indigenous Canadian communities.

FILE PHOTO: A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsTransmissionUtilities

Chesapeake Energy posts quarterly loss on output drop, lower gas prices

Chesapeake Energy reported a Q2 loss of $227M due to weak natural gas prices and reduced production amid falling demand.

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