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This post was originally published on this siteFederal energy regulators have finalized rules targeting the bulk power system’s reliability against extreme weather events that pose an “unacceptable risk to life and economic harm.” Under the rule, the North American Electric Reliability Corporation (NERC) would develop reliability standards for transmission organizations to prepare for extreme weather […]

This post was originally published on this siteAs Europe’s LNG infrastructure continues to expand, U.S. volumes to the continent surged during the first five months of the year before dropping in May. Falling natural gas prices didn’t encourage European buyers to grab cargoes in May, leading to a 7% month/month drop as warm weather settled

This post was originally published on this siteEarthstone Energy Inc. and Northern Oil and Gas Inc. (NOG) are joining forces in the Permian Basin to acquire privately held Novo Oil & Gas Holdings LLC for $1.5 billion. Novo, an exploration and production (E&P) firm backed by EnCap Investments LP, operates in the northern portion of

This post was originally published on this siteComing off four consecutive gains – and a big bounce on Thursday — natural gas futures trended further upward to kick off the final trading session of the week. Supported by hotter weather, lower production and bullish inventory data, the July Nymex gas futures contract was up 3.0