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    Home > News > Gas News > Yesterday's News

    Gas News - December 4


    There are 24 news articles for this date.

    Utility Business / General


    WEC ratepayers to see double-digit bump even as regulators trim utility profits
    Dec. 2—More than a million Wisconsin households will see double-digit increases to their electricity bills next year in spite of moves by regulators to trim profit margins for the state's largest utility companies. The Public Service Commission voted Thursday to
    Chris Hubbuch, The Wisconsin State Journal
     
    Activists rally ahead of California Public Utilities Commission vote on new solar rules
    Environmentalists, utility critics and workers in the solar energy industry rallied Thursday in southeast San Diego, calling on the California Public Utilities Commission to not make changes to the amount rooftop solar customers are compensated when their systems generate excess
    Rob Nikolewski, The San Diego Union-Tribune
     
    CenterPoint Energy's Green Hydrogen Facility Is First Ever to Register and Issue Certificates on M-RETS Renewable Thermal Tracking Platform
    MINNEAPOLIS, Minnesota, Dec. 2 -- CenterPoint Energy issued the following news release: CenterPoint Energy (NYSE: CNP), Minnesota's largest natural gas utility, has registered its Minneapolis green hydrogen facility on the M-RETS(R) Renewable Thermal Tracking System to track renewable thermal certificates
    Targeted News Service
     
     
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    Generation


    Outrigger Energy II LLC Completes Sale of Its DJ Basin Midstream System and Provides Business Update for Its Williston Basin Midstream System
    DENVER--(BUSINESS WIRE)-- Outrigger Energy II LLC (“Outrigger”) announced today that it has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners, LP (NYSE:SMLP) (“Summit”). Outrigger’s DJ Basin system includes a 60 MMcfd cryogenic natural
    Business Wire
     
    Electricity Generating (Egco) Acquires 49% Stake in Rhode Island State Energy Center
    Deal In Brief Electricity Generating Public Company Limited or EGCO Group has further expanded its power business in the USA through the acquisition of a 49% interest in Rhode Island State Energy Center, LP, (RISEC), a 609MW natural gas fired
    Marketline - Deals
     
    Diamondback Energy Completes Acquisition Of FireBird Energy For Approximately US$1.6 Billion
    Deal In Brief Diamondback Energy Inc, an oil and natural gas exploration and production company, has completed acquisition of all leasehold interest and related assets of FireBird Energy LLC, an upstream company, for a purchase consideration of approximately US$1.597 billion
    Marketline - Deals
     
    Just Energy Announces Recognition of Reverse Vesting Order
    TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (NEX:JE.H; OTC:JENGQ), a retail provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today
    GlobeNewswire
     
    Sempra's Port Arthur LNG lands deal with INEOS, bringing the project closer to reality
    Dec. 1—Sempra's Port Arthur LNG said Thursday that it signed a long-term contract with British multinational energy company INEOS, the liquefied natural gas project's second such deal in less than two weeks. Under the 20-year sales and purchase agreement, INEOS
    Amanda Drane, Houston Chronicle
     
    Natural gas rates to increase 3% today
    Effective today, Thursday, Dec. 1, UGI utilities' purchased gas costs rates will increase by 3.1%. The increase means an average $119 residential heating bill will jump to $123. "We recognize that higher energy prices directly impact customers, especially those with
    MEREDITH PEACHEY Staff Writer
     
    American Petroleum Institute updates recommended practices for natural gas storage
    The American Petroleum Institute introduced two updated standards for natural gas storage in underground salt caverns and depleted hydrocarbon and aquifer reservoirs. The first — API Recommended Practice (RP) 1170, Design and Operation of Solution-mined Salt Caverns Used for Natural
    Daily Energy Insider
     
    Ukrnafta Sells Natural Gas On Stock Exchange After 3-Year Break
    Ukrnafta, the largest oil producing company, has sold natural gas on the stock exchange after a three-year break. This is stated in the message of the Ukrainian Energy Exchange (UEB), Ukrainian News Agency reports. "On November 29, after a three-year
    Ukrainian News Agency
     
    Sempra Infrastructure Announces Sale and Purchase Agreement with INEOS for Port Arthur LNG Phase 1
    HOUSTON, Dec. 1, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with INEOS, for the supply of liquefied natural gas (LNG) from
    PR Newswire
     
     
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    International


    Deficient Infrastructure Slows Down Natural Gas Storage in Mexico
    Natural gas is a key fuel for Mexico's electricity generation and industrial activities. The country's lack of gas storage infrastructure puts energy security at risk and is exacerbated by abrupt supply and demand changes. Currently, Mexico has only 2.4 days
    CE Noticias Financieras
     
    Natural gas storage is needed in Mexico' IMCO
    The Mexican Institute for Competitiveness assured that Mexico needs natural gas storage for its energy security, the country has only 2.24 days of natural gas storage in three facilities. They highlighted that this figure is below the average storage days
    CE Noticias Financieras
     
    Europe's LNG import capacity set to expand by one-third by end of 2024
    Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied
    Thai News Service
     
    Saudi energy minister says two new natural gas fields discovered
    By BBC Monitoring The Saudi energy minister has said that the kingdom's state oil company Aramco has discovered two natural gas fields in the country's Eastern Province. State news agency SPA quoted Prince Abdulaziz bin Salman as saying on 30
    BBC Newsfile
     
    Gazprom supplying 42.4 mln cubic meters of gas for Europe through Ukraine
    MOSCOW, November 30. /TASS/. Gazprom is supplying natural gas for Europe through Ukraine in the volume of 42.4 mln cubic meters per day via the Sudzha gas metering station, a Gazprom spokesman told reporters, adding that the request for pumping
    ITAR-TASS
     
    Energy crisis driving climate-friendly power savings: IEA
    Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the IEA said on Friday. Governments have scaled up fossil fuel subsidies to cushion the
    AFP World News
     
    EnergyAustralia moving forward on plans for big battery in the Latrobe Valley
    EnergyAustralia is progressing its commitment to build Australia's first four-hour utility-scale battery of 350 MW capacity in the Latrobe Valley, with the submission of a planning application to the Department of Environment, Land, Water and Planning. The Wooreen Energy Storage
    ENP Newswire
     
    Europe pays 50 billion to fill gas storage facilities, eight times more
    The Russian invasion of Ukraine is taking a huge toll on the European Union. According to a report prepared by the Agency of European Energy Regulators (ACER) to which elEconomista.es had access, filling natural gas storage facilities has cost 50,000
    CE Noticias Financieras
     
    Electricity Market Interventions In Ireland
    The Government in Ireland is implementing electricity market interventions as required from 1 December 2022 under Regulation (EU) 2022/1854 (the "Regulation"), which we considered here. Cap on Market Revenues As indicated here, the Government is capping market revenues of non-gas
    By Ms Katrina Donnelly and James Downey
     
    Gas Still The Big Hope For Achieving Net-Zero
    December 02 -- The energy sector accounts for nearly 80% of GHG emissions, primarily from fossil fuel consumption. Oil and gas companies are under increasing pressure to disclose the climate impact of their business and decarbonize operations. Natural gas has
    Indian Oil And Gas News
     
    Oil Sector Should Lead Energy Transition in Angola - Minister
    Angola's minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, said Wednesday that the national oil industry, as the main driver of economic diversification and protagonist of the energy transition in the country, should lead the migration process to clean
    AllAfrica
     
    POSCO International to invest $2.67 billion in 3 years after POSCO Energy merger
    POSCO International which is set to merge with POSCO Energy, unveiled a plan to invest 3.8 trillion won ($2.67 billion) by 2025 to become a global energy company, during a company shareholders' meeting, which was held on Friday. POSCO International
    Korea Times
     
     
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