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Natural Gas Options Point To Challenging Winter
Wednesday, August 25, 2021 - 4:02pm | 967Recent activity in Henry Hub natural gas options suggests that traders are expecting the winter of 2021 to be a particularly challenging period, as multiple uncertainties are making it even harder than normal to predict the direction of natural gas prices. In late September, the October natural gas...
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Using Natural Gas As Alternative Fuels ー Net-Zero Carbon
Monday, August 2, 2021 - 12:18pm | 340Norfolk Southern isn't just in the business of moving freight, they're in the business of a better planet. To learn more about Norfolk Southern's industry-leading sustainability initiatives, go to nscorp.com/betterplanet. The search for alternatives to diesel fuel has been ongoing, leading people...
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3 Catalysts That Make Ovintiv Stock An 'Out of Consensus Idea', Goldman Sachs Says
Monday, March 29, 2021 - 3:18pm | 409Ovintiv Inc (NYSE: OVV), a North American producer of oil, condensate and natural gas, is an "out of consensus idea" despite years of underperformance, according to Goldman Sachs. The Ovintiv Analyst: Neil Mehta upgraded Ovintiv's stock rating from Neutral to Buy with a...
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IPO Preview: Sun Country Airlines, Olo, Tuya Lead Busy Week
Monday, March 15, 2021 - 2:52pm | 775The IPO market is heating up this week with offerings from a low- cost airline, online food ordering platform, SaaS company and several small offerings. Here's a closer look at the large IPOs that are expected to price this week. Sun Country Airlines: The low-cost airline Sun Country...
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Texas Still Reeling As Country, Companies And Traders Assess Damage From Winter Storm's Strike On Energy Grid
Sunday, February 21, 2021 - 3:19pm | 1006The U.S. is still coming to grips with what Bloomberg News described today as "one of the most remarkable weeks in power and gas market history." A blast of cold weather triggered blackouts and disruptions to water systems throughout the week, after Texas experienced one of its ...
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Elon Musk Wants To Drill For Texas Natural Gas To Power SpaceX Starship
Saturday, January 30, 2021 - 2:56pm | 247Elon Musk is aiming to drill gas wells in South Texas to make its own fuel and electricity to power its Starship spacecraft, Bloomberg has reported. What Happened: According to Bloomberg, Musk's space company SpaceX is looking to drill wells close to the company's Boca...
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Why Gevo Shares Surged Another 72% Today
Tuesday, January 19, 2021 - 10:25pm | 299Gevo, Inc (NASDAQ: GEVO) shares closed almost 72% higher on Tuesday. The company’s shares reached their 52-week high of $11.68 on the same day. What Happened: The Englewood, Colorado-based company’s co-founder Frances Arnold has been named to President-Elect Joe Biden’s science...
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Why Gevo Stock Surged 27% Today
Tuesday, January 12, 2021 - 10:07pm | 307Gevo, Inc (NASDAQ: GEVO) stock rallied about 27% in the regular and after-hours sessions on Tuesday. What Happened: The surge came as the Englewood, Colorado-based company announced that it had conceptualized new “Net-Zero Projects,” through which it can produce energy-dense liquid...
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Clean Energy Fuels Lands 2 New Deals, Could Also Benefit From New Administration
Tuesday, December 22, 2020 - 7:30pm | 428Renewable natural gas company Clean Energy Fuels Corp (NASDAQ: CLNE) has been making headlines in December with new deals with leading energy companies. The company could also benefit from a Biden administration that's putting a huge emphasis on clean energy. What Happened: On Monday,...
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Growth In Carbon Neutral RNG Spotlights Debate On Electric- Vs. Renewable-powered Trucks
Tuesday, December 8, 2020 - 8:30am | 1510Renewable natural gas (RNG) is having a moment, and California, naturally, is at the epicenter. In 2020, a company that sells renewable natural gas to California medium- and heavy-duty trucking fleets can make as much as $10-$12 per diesel gallon, according to Cliff Gladstein, president of...
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Oil Giants Have Contrasting Approaches To The Crisis
Friday, August 14, 2020 - 10:36am | 1306The oil industry was already under pressure due to the climate crisis and increasing regulation from governments to cut emissions. Now, many are wondering if the coronavirus is the last drop that will kill the oil industry and help save the planet. Analysts say that the oil and gas industry will...
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Dominion Energy Sells Gas Assets To Warren Buffett's Berkshire, Kills Atlantic Coast Pipeline
Monday, July 6, 2020 - 2:51am | 481Billionaire investor Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is buying Dominion Energy Inc.'s (NYSE: D) natural gas assets, the two companies announced Sunday. Berkshire Acquisition Berkshire's energy division will pay $4 billion in cash to Dominion for the...
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CN Benefits From British Columbia's Growing Propane Exports
Thursday, June 11, 2020 - 3:27pm | 702Three vessels carrying Canadian propane destined for international markets departed from AltaGas' Ridley Island Propane Export Terminal on Thursday, beating a previous record by 50%, according to Canadian National Railway Company (NYSE: CNI). CN exclusively serves the facilities at the Port of...
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Cummins Announces B6.7N Natural Gas Engine Certified Below EPA NOx Limit
Wednesday, March 4, 2020 - 11:32am | 353Cummins officials announced the company's B6.7N natural gas engine has now been certified as meeting 0.02 NOx (nitrites of oxide) emissions levels, giving the company another natural gas engine that meets near-zero emissions requirements. "This is a big deal for us," said Tom Hodek, director of...
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Bad Oil News Piles Up In The Permian And For Companies Serving It: Dallas Fed
Tuesday, December 3, 2019 - 4:30pm | 863Recent reports out of the Federal Reserve Bank of Dallas paint a gloomy picture regarding prospects in the U.S. oil industry. Even as U.S. crude and total petroleum production continue to set records, that is happening while surrounded by cutbacks in operations that are leading to less spending...