U.S. natural gas futures fell by more than 5% on Friday in thin trade, as forecasts for warmer weather had investors worried about heating demand even though government data showed a larger-than-usual weekly storage draw that exceeded estimates.
Futures …
Source: Reuters
(Reuters) – Chesapeake Energy Corp , once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.
Shares of …
The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring.
U.S. petroleum and natural gas production jumped by 16 percent and by 12 percent respectively in …
From Reuters
Argentina’s gas production rose to 140 million cubic meters a day in June, the highest level in 11 years, the government said on Saturday.
That amount represented growth of 5.8% compared with the same period last year.
Argentina’s …
Gazprom (ticker: OGZPY), Russia’s state-owned gas giant, is seeing rapidly declining production as demand for its gas falls both at home and abroad. The company’s …
