The Globe and Mail reported that Japan's coal use has increased as it "tries to lower the cost of replacing nuclear energy," with the result being that its 10 main utilities used almost 16 percent more coal in the first 10 months of 2013 than they did in the year-ago period. Further, they increased their imports of the fuel by 11 percent.
Articles Tagged "natural gas"
Hydraulic fracturing, also known as fracking, is a process by which energy companies stimulate the extraction of natural gas and oil from underground wells.
US President Barack Obama recently unveiled his climate change strategy which is heavily reliant on natural gas for success in reducing carbon emissions and greenhouse gases.
Is this a great time to be an energy investor? It definitely is, according to Matt Badiali, editor of the S&A Resource Report. "You can make a lot of money, unless you're Bill Powers," he says in this interview with The Energy Report. Badiali discusses the true potential for U.S. natural gas, as well as what type of energy really gets him excited.
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
loomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.
Bloomberg reported that Centrica and Qatar Petroleum bought natural gas fields from Alberta's Suncor for $1 billion.
Yahoo reported that BHP and Exxon together are planning to build the world's largest floating LNG plant just off the coast of northwestern Australia, despite coming under fire for mounting costs surrounding the project.