Natural Gas – Page 12 – Oil & Gas 360

Atlas Energy acquires Moser Energy, improving logistics solutions through Permian

February 25, 2025

(World Oil) – Atlas Energy Solutions has completed its previously announced acquisition of Moser Energy Systems. The addition of Moser’s distributed power platform to Atlas’ existing businesses creates a diversified energy solutions provider with a leading portfolio of proppant, logistics (including the Dune Express), and distributed power solutions. The Moser asset base includes a fleet of natural gas-powered generators, expanding

Natural gas is still a dirty word, but it’s here to stay: WoodMac

February 21, 2025

(Oil Price) – Natural gas will play a critical role in the global energy transition, serving as a bridge fuel between coal and renewables, according to a new report from Wood Mackenzie. Despite concerns over emissions and affordability, gas is expected to remain a key part of the energy mix for decades, particularly in power generation, industrial processes, and transport. According

EU seeks more US gas, renewable energy to replace Russian supplies

February 21, 2025

(BOE Report) – The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU’s energy commissioner has said. The EU has pledged to quit Russian fossil fuels by 2027 in response to Moscow’s 2022 invasion of Ukraine. While Russian pipeline

North Dakota oil output estimated down up to 160,000 bpd, state regulator says

February 20, 2025

(BOE Report) – North Dakota oil production was estimated to be down between 130,000 and 160,000 barrels per day (bpd) as of Thursday morning due to the recent extreme cold and related operational challenges, the state’s pipeline authority said. Associated wellhead natural gas production was estimated to be down 0.37-0.45 billion cubic feet per day, said Justin Kringstad, director of

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by Bcf

February 20, 2025

Natural Gas Inventories as of February 14, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 196 Bcf as of February 14, 2025. Working gas in storage was 2,101 Bcf as of Friday, Februrary 14, 2025, according to EIA estimates. This represents a net decrease of 196 Bcf from the previous week. Stocks were

Exxon plans large-scale gas project in oil-dominated Guyana

February 19, 2025

(Investing) – GEORGETOWN – U.S. oil major Exxon Mobil (NYSE:XOM) is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government’s call for more gas to fuel onshore power and petrochemical projects. The “Wales Gas Vision”, outlined by Exxon’s Guyana head, Alistair Routledge, is set to provide gas for the production of fertilizers

Weekly Gas Storage: Inventories decrease by 100 Bcf

February 13, 2025

Natural Gas Inventories as of February 7, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 100 Bcf as of February 7, 2025. Working gas in storage was 2,297 Bcf as of Friday, Februrary 7, 2025, according to EIA estimates. This represents a net decrease of 100 Bcf from the previous week. Stocks were

EU considers temporary cap on natural gas prices

February 12, 2025

(Oil Price) – European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean industrial deal policy to boost Europe’s industry. Europe is losing competitiveness due to the European gas prices which are up to four times higher than those in the United States. A cap on prices is

Energy Market Assessment: Natural gas & oil bearish remain so, have those of us bullish set to be rewarded

February 11, 2025

(Oil & Gas 360) – Last Week Helping Those Fearful Of Mankind’s-Carbon-Dioxide And Natural Gas & Oil Bearish Remain So, Have Those Of Us Bullish Set To Be Rewarded. The last two weeks nicely mild are keeping most unaware that natural gas inventory has changed from being 184 Bcf more than the year before and 284 Bcf more than the five-year

Europe’s oil demand could rise as natural gas soars to $100 a barrel equivalent

February 10, 2025

(Oil Price) – Amid cold winter weather and fast-depleting inventories, Europe’s natural gas prices jumped on Monday to a two-year high to levels of over $100 per barrel oil equivalent, which now makes burning oil for industrial use more cost-effective. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, surged by 4% in Amsterdam on Monday, to the highest level since February

Europe’s strong gas use pace may wilt as coal-switching kicks in: Maguire

February 5, 2025

(Investing) – LITTLETON, Colorado – Many of northern Europe’s largest economies have sharply boosted gas-fired power generation so far in 2025, helping to lift regional gas prices to their highest since early 2023. Gas-fired output during January in Germany, the United Kingdom (TADAWUL:4280), the Netherlands and Poland all jumped by well over 10% from January 2024’s levels to their highest for that month

Buyout firm NGP seeks $2 billion sale of gas producer Camino, sources say

January 30, 2025

(BOE Report) – Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including debt, sources familiar with the matter said on Thursday. Among the largest remaining private producers in the Anadarko basin of Oklahoma, Camino covers around 135,000 net acres. Owner NGP

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