Natural Gas Archives - Page 2 of 296 -

Magnolia’s $4.06 billion WildFire deal creates major South Texas position

July 20, 2026

(World Oil) – Magnolia Oil & Gas Corp. has agreed to acquire WildFire Energy for approximately $4.06 billion, creating a significantly larger position across the Eagle Ford and Austin Chalk in South Texas and more than doubling Magnolia’s acreage in the Giddings field. The transaction will add approximately 810,000 net acres and 53,000 boed of production, roughly 70% weighted to oil. Following closing, Magnolia will

Europe gas prices jump to 4-month highs on Hormuz blockade threat

July 17, 2026

(Investing) – European wholesale natural gas prices surged on Friday, touching their highest levels in nearly four months as intensifying military exchanges between Washington and Iran stoked fears over a potential closure of the Strait of Hormuz, threatening a critical chokepoint for global liquefied natural gas (LNG) flows. The front-month Dutch TTF gas contract, the European benchmark, climbed to 55.65 euros per

Canada’s Basel Belly River shale reemerges as oil development hotspot

July 17, 2026

(World Oil) – On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life into a long-dormant gas reservoir — except now they’re drilling for oil. Both firms are fracing into the sandstone that makes up the Basel Belly River formation in an area southwest of the Alberta’s provincial capital Edmonton called Willesden Green. For the

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

Weekly Gas Storage: Inventories increase by 41 Bcf

July 16, 2026

Natural Gas Inventories as of July 10, 2026 The EIA has released its natural gas inventory report, showing a net increase of 41 Bcf as of July 10, 2026. Working gas in storage was 3,024 Bcf as of Friday, July 10, 2026, according to EIA estimates. This represents a net increase of 41 Bcf from the previous week. Stocks were

Halliburton expands role in Aramco’s unconventional gas program

July 15, 2026

(World Oil) – Halliburton has secured a multi-year contract from Aramco to provide integrated stimulation and completion services for unconventional gas development in Saudi Arabia’s Jafurah basin, supporting one of the world’s largest unconventional gas programs. The award is part of a broader multi-billion-dollar contract and expands Halliburton’s role in Aramco’s unconventional development program, where the company provides drilling, stimulation and completion services across multiple

US natural gas power costs reach 17-year high on data center demand, Lazard says

July 13, 2026

(Investing) – The cost of electricity from natural gas power plants in the United States reached its highest point in at least 17 years, according to data released Monday by Lazard Inc. The levelized cost of energy for combined cycle gas plants rose to $90 per megawatt-hour in 2026, up from $78 the previous year. The figure represents the highest level

Weekly Gas Storage: Inventories increase by 61 Bcf

July 9, 2026

Natural Gas Inventories as of July 3, 2026 The EIA has released its natural gas inventory report, showing a net increase of 61 Bcf as of July 3, 2026. Working gas in storage was 2,983 Bcf as of Friday, July 3, 2026, according to EIA estimates. This represents a net increase of 61 Bcf from the previous week. Stocks were

The era of cheap U.S. natural gas may be coming to an end

July 6, 2026

(Oil Price) – U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong demand, analysts at Wood Mackenzie say. During the decade to 2025, the benchmark U.S. Henry Hub prices remained in a narrow range of between $2

Weekly Gas Storage: Inventories increase by 87 Bcf

July 2, 2026

Natural Gas Inventories as of June 26, 2026 The EIA has released its natural gas inventory report, showing a net increase of 87 Bcf as of June 26, 2026. Working gas in storage was 2,922 Bcf as of Friday, June 26, 2026, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were

360 Energy Pulse: What mattered this month in energy

June 30, 2026

(By Oil & Gas 360) Month Ending: June 2026 – June marked a turning point for global energy markets; the month began with fears of war-driven supply disruptions and a potential closure of the Strait of Hormuz. By month’s end, markets had largely shifted toward pricing the reopening of shipping lanes and the return of supply. Yet beneath the falling

If every barrel counts, how should an investor invest? Manufacturing, discipline, and optionality in the modern energy sector

June 30, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The first story was straightforward. The United States has largely solved its energy supply problem but remains exposed to global energy pricing. The second story followed naturally. In a world increasingly concerned with energy security, artificial intelligence, grid reliability, and geopolitical uncertainty, every barrel, molecule, and electron matters. The conclusion was simple:

Tenaris invests $90 million to modernize Pennsylvania OCTG manufacturing

June 30, 2026

(World Oil) – Tenaris will invest more than $90 million to modernize its steelmaking and seamless pipe manufacturing operations in Pennsylvania, expanding automation and production capabilities to support growing demand from the U.S. oil and gas industry. The investment will fund upgrades at the company’s steel shop in Koppel and seamless pipe mill in Ambridge, where automation and equipment improvements are expected

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