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US gas market gets rid of storage surplus despite warm winter

  LONDON / Reuters The US gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while slashing drilling of new wells. The market has rebalanced despite an unusually mild winter so far, which points to the degree of underlying tightness and suggests prices will need to remain higher in 2017 ...

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Aramco to boost gas output at Hawiyah, Haradh

  KHOBAR / Reuters Saudi Aramco plans to boost gas production at its Hawiyah and Haradh plants to meet growing domestic energy needs, industry sources said. The projects, estimated to cost approximately $4 billion, would see engineering companies expand the processing capacity at Hawiyah by 1.3 billion standard cubic feet per day. Hawiyah gas plant currently processes 2.5 billion scfd ...

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‘Carolina $400mn wind project won’t harm radar’

  WASHINGTON / AP The Pentagon says it disagrees with Republicans in North Carolina who claim a $400 million clean energy project slated to power data centers for Amazon.com Inc. poses a threat to national security. State legislative leaders have asked the incoming Trump administration to either kill or require major changes to the nearly completed wind farm, which they ...

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