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Natural gas losing its shine as Asia holds faith in coal power

2015-11-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity. Asian loyalty to coal is shrinking the space available for natural gas just as supplies are ramping up after massive investments in U.S. and Australian output. Demand growth for natural gas is also slowing in top energy consumer China, further dampening the fuel's prospects....

Tags: power natural asia gas

Range Resources to offload natural gas operations in Virginia for $876m

2015-11-04 01:00:00| Hydrocarbons Technology

US-based oil and natural gas producer Range Resources is set to offload its natural gas operations in southwestern Virginias Nora field for $876m in a bid to reduce debt.

Tags: range resources natural operations

Duke Energy to Acquire Piedmont Natural Gas for $4.9 Billion in Cash

2015-10-30 11:31:08| Industrial Newsroom - All News for Today

Establishes an attractive natural gas growth platform that expands Duke Energy's capabilities for customers Transaction expected to be accretive to Duke Energy's adjusted earnings per share (EPS) in first full year post-closing Enhances Duke Energy's long-term 4 to 6 percent earnings per share growth rate...

Tags: in natural energy cash