Post Tagged with: "Gas production"

Source: Reuters

U.S. natgas futures dive more than 5% despite big draw from storage

Reuters


U.S. natural gas futures fell by more than 5% on Friday in thin trade, as forecasts for warmer weather had investors worried about heating demand even though government data showed a larger-than-usual weekly storage draw that exceeded estimates.

Futures …

December 27, 2019 - 3:30 pm Closing Bell Story‎, Energy News, Natural Gas News
Chesapeake Energy raises ‘going concern’ doubts

Chesapeake Energy raises ‘going concern’ doubts

Source: Reuters


(Reuters) – Chesapeake Energy Corp , once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.

Shares of …

U.S. Oil Sector Sets Another Record in Another Sign of Energy Independence

U.S. Oil Sector Sets Another Record in Another Sign of Energy Independence

From The Houston Chronicle


The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring.

U.S. petroleum and natural gas production jumped by 16 percent and by 12 percent respectively in …

Argentina’s June Gas Production Hits Highest Level in 11 Years

Argentina’s June Gas Production Hits Highest Level in 11 Years

From Reuters


Argentina’s gas production rose to 140 million cubic meters a day in June, the highest level in 11 years, the government said on Saturday.

That amount represented growth of 5.8% compared with the same period last year.

Argentina’s …

Gazprom Gas Production Down 19% Year-over-Year

Gazprom Gas Production Down 19% Year-over-Year

Russia’s gas giant faces falling demand at home and abroad, lowest output in company history

Gazprom (ticker: OGZPY), Russia’s state-owned gas giant, is seeing rapidly declining production as demand for its gas falls both at home and abroad. The company’s …