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Tag Archives: Natural Gas

US rig count sees first significant jump of 2016

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 408, the first rig count gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices. A year ago, 868 rigs were active. Houston oilfield services company Baker Hughes Inc. said ...

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UK council approves fracking; environmentalists vow to fight

fracking

LONDON (AP) — A council has granted the first fracking license to be issued in England for five years, but environmental groups are vowing to fight on against the use of the technology. Fracking was approved near the village of Kirby Misperton, 250 miles (400 kilometers) north of London, despite opposition to the controversial gas extraction technique. Groups including Friends ...

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Report: California will have enough power for summer months

California, power, electricity

LOS ANGELES (AP) — California generally has enough electricity on tap to keep air conditioners humming this summer, but a heat wave could leave millions of Southern Californians without power in the aftermath of a huge natural gas well blowout, the state’s power-grid operator warned Wednesday. A lack of natural gas to fuel power plants during peak demand potentially could ...

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Cheniere Energy names Jack Fusco as CEO

Cheniere Energy, CEO, Jack Fusco

NEW YORK (AP) — Cheniere Energy has named Jack Fusco as CEO after the natural gas company’s previous CEO was forced out under pressure from activist investor Carl Icahn. Fusco was most recently executive chairman of Calpine Corp., which generates electricity from natural gas. He was CEO of the Houston company from 2008 to 2014. Cheniere’s CEO and co-founder Charif ...

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Trump’s vow to create Appalachian coal jobs

coal jobs, Donald Trump

DALLAS (AP) — Donald Trump says he would bring back lost coal jobs, and he is positioning for the November election in big coal states by portraying Hillary Clinton as a job killer. Trump, however, has yet to explain exactly how he will revitalize Appalachia’s coal industry. To pull it off, he will have to overcome market forces and a ...

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US wind energy output hit record in ’15, industry group says

US wind energy output hit record in '15, industry group says

BRIGHTON, Colo. (AP) — An industry group says wind energy generated a record 191 megawatt-hours of electricity last year, enough for 17.5 million homes. The American Wind Energy Association said Tuesday that wind produced 4.7 percent of the nation’s electricity in 2015. It says coal generated 33 percent and natural gas slightly less than that. The association released the statistics ...

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