Capital Power to Expand in PJM Power Market with $2.2 Billion Deal
Power Lines Canadian power producer Capital Power Corp said on Monday it would buy two natural-gas fired power plant operators located in the PJM market for about $2.2 billion.The deal…
South Bow Watching Weather Before Proceeding With Keystone Pipeline Restart
(Reuters) – Pipeline operator South Bow said Monday it is keeping an eye on inclement weather before proceeding with a planned controlled restart of its Keystone oil pipeline system. The…
US Natgas Prices Drop 6% to 9-Week Low on Record Output, Lower Demand
(Reuters) – U.S. natural gas futures fell about 6% to a nine-week low on Monday on record output over the weekend and forecasts for less demand next week than previously…
Chevron-Chartered Vessel to Complete Oil Cargo Return in Venezuela, Data and Source Say
(Reuters) – A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping…
Trump’s Energy Secretary Says Average Oil Prices Will Be Lower
By Energy prices are set to be lower under the current US administration than in the prior one, according to US Energy Secretary Chris Wright. “Under President Trump’s leadership in…
South Bow Plans to Restart Keystone at Reduced Rates by Tuesday
South Bow plans to restart the Keystone pipeline by Tuesday, April 15, the company said on Saturday, after it shut the key conduit for the flow of Canadian oil to…
Energy Transfer Requests More Time to Build Lake Charles LNG Plant
(Reuters) – Energy Transfer, the pipeline company developing a liquefied natural gas (LNG) export facility in Louisiana, is asking federal regulators to extend the deadline by three years for construction…
Power Up: Oil Flows Disrupted
By Liz Hampton (Reuters) – Hello Power Up readers! Oil futures are back up to start the week on some U.S. tariff exclusions, and after Chinese data showed a sharp…
BP Makes New Oil Discovery Off US Gulf Coast
April 14 – BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to…
TC Energy Completes Pipeline Repairs in Michigan Following Gas Leak
“Natural gas service has now been restored to Michigan Gas Utilities, the local distribution company,” the company said in a statement on April 11. Michigan Gas Utilities would provide further…
