Natural Gas

IEEFA Research

IEEFA U.S.: Frackers continue to underperform

Investor wariness grows on weak third-quarter results

Dec. 5, 2018 (IEEFA) — While oil prices rose and production increased, U.S. oil-and-gas fracking companies continued nonetheless to bleed money in the third quarter of this year, according to a research brief published today by the Institute for Energy Economics and Financial Analysis. The brief—“More Red Flags on Fracking: Weak Third-Quarter Results as Cash […]

December 5, 2018 Read More →

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 2018 Read More →

IEEFA report: Fund trustees face growing fiduciary pressure to divest from fossil fuels

Oil, gas, and coal industries are seen as ‘increasingly speculative;’ Sector will continue to be weighed down by lackluster rewards and daunting risks; A ‘proper financial response’ is due

July 10, 2018 (IEEFA) — A paper published today by the Institute for Energy Economics and Financial Analysis details the growing rationale for divesting from the fossil fuel industry. The paper—“The Financial Case for Fossil Fuel Divestment”—is aimed primarily at trustees of investment funds that continue to hold stakes in a sector that is freighted […]

IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

‘Fiddling Around and Allowing the Cartels to Fleece Consumers’

nJune 5, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis today published a report detailing how a complex of expensive new liquefied natural gas plants on the east coast of Australia are struggling to stay open in the face of a global gas glut. The report—“Australia’s Export LNG Plants at Gladstone: The […]

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

November 16, 2016 Read More →
IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →

More News and Commentary

TVA’s Johnson: Utility’s coal plant closures make economic sense

Reuters: The chief executive of Tennessee Valley Authority said on Thursday the U.S.-owned power generator will keep cutting carbon emissions in future years after replacing much of its coal-fired fleet with plants run on natural gas, nuclear and renewables. Since Bill Johnson took the reigns as CEO in 2013, TVA has spent $15 billion to […]

December 7, 2018 Read More →

IEEFA U.S.: Frackers continue to underperform

Investor wariness grows on weak third-quarter results

Dec. 5, 2018 (IEEFA) — While oil prices rose and production increased, U.S. oil-and-gas fracking companies continued nonetheless to bleed money in the third quarter of this year, according to a research brief published today by the Institute for Energy Economics and Financial Analysis. The brief—“More Red Flags on Fracking: Weak Third-Quarter Results as Cash […]

December 5, 2018 Read More →

U.S. coal consumption to fall to 1979 levels by year’s end, government agency says

Associated Press: Americans are consuming less coal in 2018 than at any time since Jimmy Carter’s presidency, a federal report said Tuesday, as cheap natural gas and other rival sources of energy frustrate the Trump administration’s pledges to revive the U.S. coal industry. A report by the U.S. Energy Information Administration projected Tuesday that 2018 […]

December 5, 2018 Read More →

Low oil prices to test U.S. fracking companies

The Wall Street Journal ($): The rapid decline of U.S. oil prices will test the claim of fracking companies that they can now prosper at $50 a barrel or less, a price level they have found challenging in the past. For years, the companies behind the U.S. oil and gas boom, including Noble Energy Inc. […]

December 4, 2018 Read More →

IEEFA Puerto Rico: Backroom natural gas deals threaten to displace public renewable energy plans

What’s real: legislative initiatives or private contracting?

Can Puerto Rico’s recent legislative progress on renewable energy withstand an onslaught of special interests supporting economically unsupportable, fiscally damaging and environmentally destructive natural gas proposals? A fragile consensus has emerged from the recent Puerto Rico legislative session and a parallel energy planning process being carried out by the Puerto Rico Electric Power Authority (PREPA), […]

December 3, 2018 Read More →
IEEFA Puerto Rico:  Massive liquefied natural gas project dead

IEEFA Puerto Rico: Massive liquefied natural gas project dead

Finally, some good news for electricity ratepayers in Puerto Rico

A massive liquefied natural gas (LNG) project in Puerto Rico that would have diverted funds from badly needed development of solar power and would have kept electric power costs high has been officially cancelled. Last week, Excelerate Energy, the company that planned to develop a natural gas import terminal in Puerto Rico, requested that the […]

November 30, 2018 Read More →

Study: Production costs key in closure of Appalachian coal mines

S&P Global Market Intelligence ($): A new working paper focused on Appalachia coal mines concludes that mounting production costs were responsible for far more closures than [falling] natural gas prices in the time period they studied. “We used a model to analyze these different scenarios, and what comes out of it is, rather than these […]

November 26, 2018 Read More →
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IEEFA Update: Oil and gas industry caught in a capex conundrum

Invest in the future or return cash to shareholders?

The oil and gas industry confronts a host of challenges that would have been inconceivable a decade ago: weak cash flows, meager profits, slumping stock values, volatile revenues, unreliable demand growth, and rising competition from renewables, to name just a few. The industry now faces a quandary. Should companies continue to invest in new drilling […]

IEEFA Australasia: New global energy report headlines decline of coal as cheaper renewable technologies gain preference

International Energy Agency releases annual World Energy Outlook 2018 Report today

Nov. 13, 2018, SYDNEY (IEEFA): Thermal coal is fated for long-term structural decline and energy-related carbon dioxide emissions are increasing despite the Paris targets: those are the key take-outs in the International Energy Agency’s World Energy Outlook (WEO) 2018 report released today, which also finds wind and solar are now two of the top three […]

November 13, 2018 Read More →

California regulators approve utility plans to replace natural gas with battery storage

Bloomberg: PG&E Corp. plans to replace three natural gas-fired power plants in California with battery-storage systems as the state continues its push to squeeze fossil fuels out of the electricity mix. The California Public Utilities Commission approved Thursday four PG&E energy-storage contracts to support Northern California’s electric grid, including a project by Tesla Inc. The […]

November 9, 2018 Read More →