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US Says BP Pays $24.4 Million But Challenges Natgas Manipulation Fine

2021-01-06 23:10:00| OGI

FERC alleged BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.

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US Northeast Natgas Prices Jump Ahead of Winter Storm

2020-12-16 19:00:00| OGI

U.S. Northeast power and natural gas prices for Dec. 16 jumped to their highest level in almost a year as energy companies prepare for what could be the region's biggest winter storm in years.

Tags: jump prices winter ahead

 
 

Sempra Develops Plan to Inject Hydrogen into California Natgas Grid

2020-11-23 18:53:11| OGI

U.S. energy company Sempra Energy said Nov. 23 that two of its California utilities were developing a program to use surplus renewable power to produce green hydrogen that can be injected into the natural gas grid to help to reduce carbon emissions.

Tags: plan california grid develops

 

US Natgas Prices Jump over 10% from Seven-week Low

2020-09-23 15:35:00| OGI

U.S. natural gas futures jumped over 10% on Sept. 23 from a seven-week low in the prior session as output continues to slide, demand edges up and LNG exports increase.

Tags: low jump prices prices jump

 

US Natgas Futures Soar to December High in Best Week Since 2009

2020-08-10 11:00:00| OGI

Front-month gas futures rose 7.3 cents, or 3.4%, to settle at $2.238 per million British thermal units, their highest close since Dec. 26.

Tags: high since december week

 

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