(Oil & Gas 360) – Electricity Data For The Month Of March Highlights Why Many Are Likely To Soon Be Caught Very Natural Gas Short More energy needed to power the much needing to be done had 3.2% more electricity generated in March than last year. Grid connected electricity generation plus small-scale solar averaged 11.030-billion-kilowatt hours per day (Bkwh/d) in
Natural Gas Inventories as of May 23, 2025 The EIA has released its natural gas inventory report, showing a net increase of 101 Bcf as of May 23, 2025. Working gas in storage was 2,476 Bcf as of Friday, May 23, 2025, according to EIA estimates. This represents a net increase of 101 Bcf from the previous week. Stocks were
(Oil& Gas 360) – Headlines Continuing To Paint A Bearish Oil & Natural Gas Picture During The Month Of May Are Keeping Steadily-Tightening, Temporarily Hidden. Wednesday’s main oil market headline was that U.S. inventory increased again. The main headline from Wednesday morning’s release of the Department of Energy’s (DOE’s) Weekly Petroleum Status Report was that “U.S. crude oil inventory increased again.”
(BOE Report) – Saudi oil giant Aramco is seeking investors in infrastructure, including pipelines, for its $100 billion Jafurah gas project, two people familiar with the matter told Reuters. The Jafurah project is key to Saudi Aramco’s ambitions to become a major global player in natural gas and to boost its gas production capacity by 60% by 2030 from 2021 levels.
(BOE Report) – If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump’s trade and tariff measures have forced commodity producers, traders and buyers to re-think long-established relationships, adapt to emerging realities and
Natural Gas Inventories as of May 16, 2025 The EIA has released its natural gas inventory report, showing a net increase of 120 Bcf as of May 16, 2025. Working gas in storage was 2,375 Bcf as of Friday, May 16, 2025, according to EIA estimates. This represents a net increase of 120 Bcf from the previous week. Stocks were
(BOE Report) – Producers are pushing ahead with liquefied natural gas projects, banking on urbanisation and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs, and tariff uncertainty. LNG is widely seen as a transition fuel on the path to net-zero emissions. Governments worldwide are also prioritising energy security after Russia’s
(Oil Price) – Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The seven power plants are located in New York, California, New England and parts of the U.S. spanning 13 states serviced by transmission company PJM Interconnection, Reuters reported. The assets
Natural Gas Inventories as of May 9, 2025 The EIA has released its natural gas inventory report, showing a net increase of 110 Bcf as of May 9, 2025. Working gas in storage was 2,255 Bcf as of Friday, May 9, 2025, according to EIA estimates. This represents a net increase of 110 Bcf from the previous week. Stocks were
Publisher’s Note: Eni SpA will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown, on August 17-20, 2025. Register to attend. (World Oil) – Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMscfd of gas or approx.
(Oil & Gas 360) – Gillette, WY — Cowboy Clean Fuels (CCF), a Wyoming-based climate tech and energy transition company, today announced a groundbreaking offtake agreement with Mercuria, one of the world’s leading independent energy and commodity trading groups. This partnership marks the first commercial agreement for the sale of Renewable Natural Gas (RNG) generated under CCF’s pioneering BiCRS+RNG Methodology at
(Oil Price) – Paul Singer’s Elliott Management is kicking the tires on a deal that would have been unthinkable just a few years ago: buying a stake in a pipeline that carries Russian natural gas into Europe. The pipeline in question is the Bulgarian extension of TurkStream—Russia’s last functioning gas artery to the continent. With the rest of its gas empire
