Thursday, July 24, 2025
Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

U.S. coal-fired electricity generation in 2019 falls to 42-year low

EIA Output from the U.S. coal-fired generating fleet dropped to 966,000 gigawatthours (GWh) in 2019, the lowest level since 1976. The decline in last year’s coal generation levels was the largest percentage decline in history (16%) and second-largest in absolute terms (240,000 GWh). Although lower electricity demand in 2019 was partly responsible for less coal-fired generation, the primary driver was

Northern Oil and Gas, Inc. Announces First Quarter 2020 Results- oil and gas 360

Northern Oil and Gas, Inc. Announces First Quarter 2020 Results

Oil and Gas 360 MINNEAPOLIS HIGHLIGHTS First quarter production increased 28% over the prior year, averaging 43,735 barrels of oil equivalent (“Boe”) per day Cash flow from operations, excluding $7.1 million from changes in working capital, totaled $93.6 million, which was a 7% increase over the prior year and exceeded first quarter capital expenditures of $86.7 million Senior Secured Notes

Chesapeake- oil and gas 360

Shale pioneer Chesapeake considers bankruptcy filing after oil rout

Reuters Debt-stricken Chesapeake Energy Corp said on Monday it was considering a bankruptcy filing, among other alternatives, as the shale driller struggled with an unprecedented rout in oil and gas prices caused by the COVID-19 pandemic. Reuters reported last month that the company was in talks to line up bankruptcy financing and it was discussing a possible loan to aid