(Investing) – The decline in U.S. natural gas prices appears excessive given the market’s underlying fundamentals, according to Morgan Stanley. Analyst Devin McDermott said prices have retreated around 35% from December highs, but “prices have pulled back too far,” even after accounting for milder weather and a brief supply pickup. Morgan Stanley now forecasts Henry Hub at $4.25 in 2026, “~22%
(Oil Price) – Hydrocarbons are set to meet about three-quarters of the expected 500% surge in power demand from data centers, as the AI boom and global economic growth push energy demand “accelerating across every dimension,” Sultan Al Jaber, ADNOC chief executive, said on Tuesday. The surge in AI use and the data centers to handle the technologies are set to
(Oil Price) – Azerbaijan, a key natural gas supplier to Europe, raised its production by 2.4% in 2025 from the previous year, the Azeri Ministry of Energy said on Monday. Azerbaijan produced 51.5 billion cubic meters (bcm) of natural gas last year, up by 1.2 bcm, or 2.4%, compared to 2024, according to the ministry’s data cited by the Azerbaijan State News Agency
(World Oil) – Vickery Energy Partners has closed the acquisition of natural gas assets in the Appalachian basin from Tribune Resources, adding approximately 38,000 net acres and more than 200 MMcfe/d of net production across Wetzel, Tyler, Harrison and Doddridge counties in West Virginia. The assets include development inventory in both the wet and dry windows of the Marcellus Shale, providing
Natural Gas Inventories as of January 2 , 2026 The EIA has released its natural gas inventory report, showing a net decrease of 116 Bcf as of January 2, 2026. Working gas in storage was 3,256 Bcf as of Friday, January 2, 2026, according to EIA estimates. This represents a net decrease of 116 Bcf from the previous week. Stocks
(Oil Price)– Harbour Energy has made a gas and condensate discovery in the Norwegian section of the North Sea, which could be tied back to existing infrastructure, the Norwegian Offshore Directorate said on Friday. Harbour Energy, as operator of the license, and its partners have proven gas condensate in the ‘Camilla Nord’ prospect, the regulator said, adding that preliminary estimates indicate
Natural Gas Inventories as of December 12, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 167 Bcf as of December 12, 2025. Working gas in storage was 3,579 Bcf as of Friday, December 12, 2025, according to EIA estimates. This represents a net decrease of 167 Bcf from the previous week. Stocks were
(Investing)– The European Parliament voted on Wednesday to approve the European Union’s plan to phase out Russian gas imports by late 2027. The approval marks a significant step forward for the initiative, which now faces just one remaining legal hurdle before becoming law. The Russian gas ban still requires formal approval from EU countries’ ministers, with that vote expected to
Natural Gas Inventories as of December 5, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 177 Bcf as of December 5, 2025. Working gas in storage was 3,746 Bcf as of Friday, December 5, 2025, according to EIA estimates. This represents a net decrease of 177 Bcf from the previous week. Stocks were
(Investing) – U.S. power consumption is projected to reach record levels in the next two years, according to the Energy Information Administration’s short-term energy outlook released Tuesday. The EIA forecasts power demand will climb to 4,199 billion kilowatt-hours in 2025 and further increase to 4,267 billion kWh in 2026, up from the 2024 record of 4,110 billion kWh. This surge in
(Oil & Gas 360) – HIGHLIGHTS NOG to partner with Infinity Natural Resources (“Infinity”) to purchase the Ohio Utica assets (the “Utica Assets”) of Antero Resources Corporation and Antero Midstream Corporation (collectively, “Antero”), for a combined unadjusted purchase price of $1.2 billion in cash (the “Purchase Price”) NOG’s non-operated interest will represent a 49% undivided ownership in the Utica Assets
(World Oil) – Antero Resources has announced a sweeping portfolio realignment, unveiling a $2.8 billion agreement to acquire HG Energy II’s upstream assets in West Virginia’s core Marcellus Shale while simultaneously divesting its Ohio Utica position for $800 million. The transactions—paired with parallel midstream deals by Antero Midstream—mark one of the largest Appalachian basin restructurings in recent years. The company said the
