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The California Energy Commission (CEC) is moving ahead with considering a new 300 MW natural gas-fired peaking generation plant adjacent to an existing 600 MW baseload gas-fired plant in Otay Mesa, south of San Diego near the international border. Pio Pico Energy Center is indicative of a move away from the coastal power plant locations in the state and use of sea water for cooling, which is now being phased out. Pio Pico is a revised project on a new site following the withdrawal of an earlier project in the City of Chula Vista, which is losing an existing 600 MW gas-fired baseload plant alon...

While storm forecasters across the country on Wednesday were talking up the potential development of what would be Tropical Storm Jerry making a Gulf of Mexico appearance on Thursday, natural gas futures traders weren't battling for the buy button just yet. As of 2 p.m. EDT, the October contract was trading at the day's low of $6.200, down 36.8 cents from Tuesday.

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Standard & Poor's Ratings Services (S&P) on Tuesday gave the Sabine Pass facility to export liquefied natural gas (LNG) a strong credit rating and stable outlook, citing its ties to investment-grade companies.

Cabot Oil & Gas Corp. officials last week came out swinging against "facts and inferences made in wire and published reports," which claim that several toxic chemicals recently had been found in water samples taken near the company's natural gas drilling operations in the Dimock Township area in Susquehanna County, PA.