natural gas

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Exxon Plans $1B Floating Refinery
Exxon Plans $1B Floating Refinery

Exxon Plans $1B Floating Refinery

Platform 4 miles off New Jersey would supply natural gas for 5M

(Newser) - In an effort to bypass project-stalling terrestrial opposition, Exxon yesterday said it plans a $1 billion floating liquid natural-gas refinery 20 miles off New Jersey's coast, Market Watch reports. The project, which could open by 2015, would supply enough natural gas for 5 million residential customers in New York and...

Bundle Up — Heating Costs Rising This Winter

Rising crude futures could signal cold winter for heating-oil users

(Newser) - Skyrocketing crude prices are sending shivers through American homeowners, who enter winter facing the highest heating oil prices in history. The average oil-heated household will spend $1,785 to keep warm this winter, the Washington Post reports, up 22% from last year. Natural gas users will see a 10% percent...

Britain to Claim Antarctic Seabed
Britain to Claim Antarctic Seabed

Britain to Claim Antarctic Seabed

Bid follows this summer's Arctic territory scramble

(Newser) - Britain will submit a claim to the UN for 386,000 square miles of Antarctica, its foreign office said today, joining the international race to grab a piece of the mineral- and oil-rich territory as global warming makes it more accessible. The move violates a 1959 treaty, which Britain signed,...

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