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Natural Gas

Reuters | Equities.com |

U.S. natural gas producers hope climate-conscious electric utilities and gas exporters will pay a premium for what they say is "greener gas" that has been certified as coming from low-emission operations or from renewable sources such as landfills.

EQT Corp, Chesapeake Energy and liquefied natural gas firms Cheniere Energy and NextDecade Corp are among the companies considering low-carbon certifications from groups such as Denver-based Project Canary. Gas certified as "responsibly produced" and contributing less emissions could get up to 5% above market prices, or up to 15-cents per thousand cubic feet (mcf), proponents say.


Reuters | Equities.com |

Exxon Mobil Corp’s global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic slammed global oil prices and demand, the company said on Wednesday.

The largest U.S. oil producer is reeling from the sharp decline in oil demand and a series of bad bets on projects when prices were much higher. It slashed project spending by a third last year, cut jobs and added to debt to cover its dividend.


Kimberly Redmond | Equities.com |

Volkswagen and General Motors Company both suspended some production in Mexico as the country continues to deal with a natural gas shortage.

Bitterly cold weather in the US has interrupted the flow of natural gas from Texas to power plants in northern Mexico, which has prompted Mexican President Andrés Manuel López Obrador to urge Mexicans to conserve electricity.