Natural Gas News

U.S. rig count increased by 8 this week, at 448

U.S. rig count increased by 8 this week, at 448

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  8 over last week, resulting in a total count of 448 rigs. Canada had an increase of 4 over last week, resulting in …

Weekly Gas Storage: Inventories increase by 60 Bcf

Weekly Gas Storage: Inventories increase by 60 Bcf

Natural Gas Inventories as of April 30, 2021

The EIA has released its natural gas inventory report, showing a net increase of 60 Bcf as of April 30, 2021.

Working gas in storage was 1,958 Bcf as of Friday, April …

Source: Reuters

North Carolina again denies permit for Mountain Valley gas pipe extension

Reuters


The North Carolina Department of Environmental Quality (DEQ) again denied Mountain Valley Pipeline’s (MVP) request for a water permit for its proposed Southgate natural gas pipeline project from Virginia to North Carolina.

The DEQ first denied the request in …

U.S. rig count increased by 2 this week, at 440

U.S. rig count increased by 2 this week, at 440

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  2 over last week, resulting in a total count of 440 rigs. Canada had a decrease of 4 over last week, resulting in …

Source: CNBC

Senate votes to restore Obama-era regulation of methane, a climate-warming gas

CNBC


The U.S. Senate on Wednesday voted to reverse former President Donald Trump’s move to weaken Obama-era regulations designed to reduce climate-changing methane emissions from oil and gas fields.

Senate votes to restore Obama-era regulation of methane, a climate-warming gas- oil and gas 360

The 52-42 vote sets up the first official reinstatement of

Weekly Gas Storage: Inventories increase by 15 Bcf

Weekly Gas Storage: Inventories increase by 15 Bcf

Natural Gas Inventories as of April 23, 2021

The EIA has released its natural gas inventory report, showing a net increase of 15 Bcf as of April 23, 2021.

Working gas in storage was 1,898 Bcf as of Friday, April …

Weekly Gas Storage: Inventories increase by 38 Bcf

Weekly Gas Storage: Inventories increase by 38 Bcf

Natural Gas Inventories as of April 16, 2021

The EIA has released its natural gas inventory report, showing a net increase of 38 Bcf as of April 16, 2021.

Working gas in storage was 1,883 Bcf as of Friday, April …

U.S. rig count decreased by 1 this week, at 438

U.S. rig count decreased by 1 this week, at 438

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had a decrease of  1 over last week, resulting in a total count of 438 rigs. Canada had a decrease of 1 over last week, resulting in …

Source: Reuters

Clean crude? Oil firms use offsets to claim green barrels

Reuters


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

While the two-million-barrel cargo to India was destined to produce more than

Weekly Gas Storage: Inventories increase by 61 Bcf

Weekly Gas Storage: Inventories increase by 61 Bcf

Natural Gas Inventories as of April 9, 2021

The EIA has released its natural gas inventory report, showing a net increase of 61 Bcf as of April 9, 2021.

Working gas in storage was 1,845 Bcf as of Friday, April …

Source: Reuters

Europe could operate 40,000 km of hydrogen pipelines by 2040: operators

Reuters


FRANKFURT – Europe could devote 40,000 km (24,800 miles) of natural gas pipelines to hydrogen by 2040 once production and imports of the alternative fuel take off, transmission systems operators (TSOs) said on Tuesday.

The hypothetical European hydrogen backbone

Source: Reuters

TC Energy requests info on renewable energy proposals for its U.S. pipelines

Reuters


CALGARY, Alberta – Canada’s TC Energy on Monday requested information from around 100 renewable development companies to identify wind energy investment opportunities that would generate 620 megawatts of electricity for its U.S. pipeline business.

The capital investment could total …

U.S. rig count increased by 2 this week, at 432

U.S. rig count increased by 2 this week, at 432

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  2 over last week, resulting in a total count of 432 rigs. Canada had a decrease of 11 over last week, resulting in …

Weekly Gas Storage: Inventories increase by 20 Bcf

Weekly Gas Storage: Inventories increase by 20 Bcf

Natural Gas Inventories as of April 2, 2021

The EIA has released its natural gas inventory report, showing a net increase of 20 Bcf as of April 2, 2021.

Working gas in storage was 1,784 Bcf as of Friday, April …

U.S. rig count increased by 13 this week, at 430

U.S. rig count increased by 13 this week, at 430

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  13 over last week, resulting in a total count of 430 rigs. Canada had a decrease of 12 over last week, resulting in …

Weekly Gas Storage: Inventories increase by 14 Bcf

Weekly Gas Storage: Inventories increase by 14 Bcf

Natural Gas Inventories as of March 26, 2021

The EIA has released its natural gas inventory report, showing a net increase of 14 Bcf as of March 26, 2021.

Working gas in storage was 1,764 Bcf as of Friday, March …

Source: Reuters

U.S. gasoline demand exceeds 2020 levels for first time in 2021: OPIS

Reuters


NEW YORK  – U.S. gasoline sales for 2021 have exceeded prior-year levels for the first time since last March, when officials first started to widely impose coronavirus lockdowns, according to a report on Tuesday from the Oil Price Information …

March 30, 2021 - 10:00 am Closing Bell Story‎, Energy News, Natural Gas News
U.S. rig count increased by 6 this week, at 417

U.S. rig count increased by 6 this week, at 417

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  6 over last week, resulting in a total count of 417 rigs. Canada had a decrease of 11 over last week, resulting in …

Source: Reuters

Gazprom chairman says Nord Stream 2 gas pipeline to be finished this year despite U.S. pressure – TASS

Reuters


MOSCOW  – The chairman of Russian gas producer Gazprom’s board was cited by the TASS news agency on Friday as saying that construction of the Nord Stream 2 gas pipeline to Germany would be completed this year despite U.S. …

Source: Reuters

CNOOC’s profit plunges 59% in 2020 as coronavirus hits fuel demand

Reuters


BEIJING – China’s national offshore oil and gas producer CNOOC Ltd reported a 59% plunge in 2020 profit, hitting the lowest since 2017, as the coronavirus pandemic whacked energy prices and hammered fuel consumption.

The listed branch of China …

Weekly Gas Storage: Inventories decrease by 36 Bcf

Weekly Gas Storage: Inventories decrease by 36 Bcf

Natural Gas Inventories as of March 19, 2021

The EIA has released its natural gas inventory report, showing a net decrease of 36 Bcf as of March 19, 2021.

Working gas in storage was 1,746 Bcf as of Friday, March …

Source: Reuters

U.S.’s Blinken warned Germany’s Maas about Nord Stream 2 sanctions

Reuters


BRUSSELS  – U.S. Secretary of State Antony Blinken said on Wednesday he had told his German counterpart that sanctions against the Nord Stream 2 natural gas pipeline were a real possibility and there was “no ambiguity” in American opposition …

U.S. rig count increased by 9 this week, at 411

U.S. rig count increased by 9 this week, at 411

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of  9 over last week, resulting in a total count of 411 rigs. Canada had a decrease of 24 over last week, resulting in …

Source: Reuters

U.S. LNG exports on track to hit record high in March

Reuters


U.S. liquefied natural gas (LNG) exports are on track to hit record highs in March as tumbling shipping rates and lower prices than in Europe and Asia continue to attract buyers.

The amount of gas flowing to U.S. LNG …

Weekly Gas Storage: Inventories decrease by 11  Bcf

Weekly Gas Storage: Inventories decrease by 11 Bcf

Natural Gas Inventories as of March 12, 2021

The EIA has released its natural gas inventory report, showing a net decrease of 11 Bcf as of March 12, 2021.

Working gas in storage was 1,782 Bcf as of Friday, March …

Source: CNBC

The future of Big Oil flaring in the Permian Basin and the climate challenge

CNBC


When a raging snowstorm and frigid temperatures hit Texas last month, oil and gas behemoths responsible for producing and processing the lion share of the nation’s reserves, including ExxonOccidental and Marathon Petroleum, shut down production at

Source: Reuters

Column: China’s gas conundrum – cleaner air but growing security risk

Reuters


LONDON- China has made significant progress building a gas distribution network to supply residents in major urban centres, helping provide cleaner and more convenient energy for heating and cooking while reducing air pollution.

But burgeoning consumption has not been …

March 15, 2021 - 11:30 am China, Closing Bell Story‎, Energy News, Natural Gas News
U.S. rig count decreased by 1 this week, at 402

U.S. rig count decreased by 1 this week, at 402

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an decrease of  1 over last week, resulting in a total count of 402 rigs. Canada had a decrease of 25 over last week, resulting in …

Weekly Gas Storage: Inventories decrease by 52  Bcf

Weekly Gas Storage: Inventories decrease by 52 Bcf

Natural Gas Inventories as of March 5, 2021

The EIA has released its natural gas inventory report, showing a net decrease of 52 Bcf as of March 5, 2021.

Working gas in storage was 1,793 Bcf as of Friday, March …

Source: Reuters

Santos’ biggest shareholder cuts stake by a third, remains top investor

Reuters


Santos Ltd said on Monday its largest shareholder had sold about a third of its stake worth A$785 million ($603.7 million) in the Australian gas producer.

Chinese energy company ENN Group sold about 107.1 million shares at A$7.33 per …