Oil prices were poised early on Monday to end July trading with the biggest monthly gain since January 2022, buoyed by tightening supply, expectations of a record demand, slower inflation in the U.S., and a still resilient American …
U.S. liquefied natural gas (LNG) export facilities brought in a record amount of natural gas in the first six months of this year after the Freeport LNG terminal returned to service, the U.S. Energy Information Administration (EIA) said on …
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 5 over last week, resulting in a total count of 664 rigs. Canada had an increase of 6 over last week, resulting in …
(WO) – The American Petroleum Institute (API) and the Energy Workforce & Technology Council released statements after the Biden Administration failed to include representatives from the natural gas and oil industry in today’s White House Methane Summit.
“Tackling …
WASHINGTON – The U.S. Supreme Court on Thursday removed an obstacle to completing the long-delayed Mountain Valley Pipeline, dealing a blow to environmental groups opposed to the West Virginia-to-Virginia pipeline led by energy company Equitrans Midstream ETRN.N.
The …
The EIA has released its natural gas inventory report, showing a net increase of 16 Bcf as of July 21, 2023.
Working gas in storage was 2,987 Bcf as of Friday, July …
U.S. natural gas futures slid about 2% on forecasts of less demand this week and less hot weather over the next two weeks than previously expected. Even though the weather will be less hot than previously forecast, it …
TC Energy has agreed to sell 40% of the Columbia Gas and Columbia Gulf pipelines in the U.S. for US$3.9 billion (C$5.2 billion) in cash, the Canada-based pipeline giant said on Monday. Columbia Gas and Columbia Gulf will …
While U.S. gasoline demand is unlikely to rescale the pre-pandemic peaks of 2018 as the energy transition accelerates, the pace of its decline is uncertain, illustrating the challenge for industry and the government in planning the shift to a …
WASHINGTON — The American Petroleum Institute (API) released new polling conducted by Morning Consult showing that 90% of voters agree that natural gas and oil play an important role in strengthening the U.S. economy.
The polling further shows …
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 6 over last week, resulting in a total count of 669 rigs. Canada had no change over last week, resulting in a total …
The EIA has released its natural gas inventory report, showing a net increase of 41 Bcf as of July 14, 2023.
Working gas in storage was 2,971 Bcf as of Friday, July …
(Bloomberg) – A large oil spill has been spotted in the Gulf of Mexico near the site of a deadly explosion at a Petroleos Mexicanos natural gas platform, according to Mexican newspaper Reforma. A scientist working with …
(Bloomberg) – The U.S., the European Commission, Japan, South Korea and Australia are collaborating to limit methane emissions from liquefied natural gas (LNG) supply chains as concerns mount over the climate impact from leaks of the potent greenhouse …
(WO) – Chesapeake Energy Corporation has achieved recertification of its natural gas production across the entirety of its Marcellus operations, which averaged approximately 4.4 Bcf of gross natural gas per day during the first quarter of 2023.
The …
U.S. natural gas futures eased about 1% to a fresh three-week low on Monday on rising output and forecasts for less hot weather over the next two weeks than previously expected. That lack of price movement came even though …
Alberta, Canada’s energy powerhouse, and neighbor British Columbia are in talks about expanding the reach of locally produced natural gas to Europe and Asia. Alberta’s Premier Danielle Smith and her B.C. counterpart David Ebby started the negotiations two …
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 5 over last week, resulting in a total count of 675 rigs. Canada had an increase of 12 over last week, resulting in …
The EIA has released its natural gas inventory report, showing a net increase of 49 Bcf as of July 7, 2023.
Working gas in storage was 2,930 Bcf as of Friday, July …
Energy giant Shell has warned that trading from its gas division is set to be “significantly lower” for the past three months compared with the previous quarter. The London-listed oil and gas firm said trading was affected by seasonal …
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 680 rigs. Canada had an increase of 8 over last week, resulting in …
The EIA has released its natural gas inventory report, showing a net increase of 72 Bcf as of June 30, 2023.
Working gas in storage was 2,877 Bcf as of Friday, June …
HOUSTON – U.S. exports of liquefied natural gas fell 10% in June to 6.82 million tonnes (MT), from 7.58 MT the previous month, as plant maintenance curbed output and European demand slid, according to preliminary data from Refinitiv Eikon.…
(Bloomberg) – The Biden administration has formally rebuffed a bid by environmental activists to phase down oil and gas production on federal lands and waters, marking its latest nod to the endurance of fossil fuels in a warming …
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 8 over last week, resulting in a total count of 674 rigs. Canada had a decrease of 2 over last week, resulting in …
The EIA has released its natural gas inventory report, showing a net increase of 76 Bcf as of June 23, 2023.
Working gas in storage was 2,805 Bcf as of Friday, June …
Despite concerns about cost inflation, developers of LNG projects in the United States are set to approve a record-high volume of export capacity in the first half of 2023, driven by rising global LNG demand and increased long-term …
U.S. natural gas futures held near a three-month high on Tuesday, on a drop in output and forecasts for the weather to remain hot through mid-July, especially in Texas. That lack of price movement came despite forecasts for …
The $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction. Some analysts, however, said that even when the pipe …
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 5 over last week, resulting in a total count of 682 rigs. Canada had an increase of 10 over last week, resulting in …
