After the news of the past few weeks, it felt like we were getting really close to the day when investors and oil industry spouses might be ready to throw in …
Aubrey McClendon, who was co-founder (with Tom Ward) of Chesapeake Energy (ticker: CHK; CHK.com), died in a one-car crash in rural Oklahoma early morning March 2, 2016.
A maverick in America’s shale oil and gas industry, he will be …
Natural gas prices are down more than 4% today at $1.67 per MMBtu, the lowest they have been since 1999. Waning demand for natural gas in Japan, warmer weather expectations in the U.S., along with an expected surge in LNG …
Electric generating facilities are expected to add more than 26 gigawatts (GW) of utility-scale generating capacity to the power grid this year, according to a report from the EIA. The majority of that increase is expected to come from …
Preliminary dry NatGas the highest annual total on record dating back to 1930
EIA’s Natural Gas Monthly, with data through December 2015, has been released. Highlights follow:
Many oil and gas companies are struggling to stay afloat as the global oil supply glut continues, pressuring crude oil prices near historic lows. More bankruptcies are expected to come in the next …
In this second and final part of our exclusive interview, NAPIA and Energy Directions President Mike Smolinski talks about the effect of growing U.S. crude oil and LNG exports on global markets and refining, the effect of $2.50 natural gas …
A press release from Royal Dutch Shell (ticker: RDSA, Shell.com) today announced that the company has received permission to complete its $70 billion purchase of …
An early Spring is on its way – at least, according to America’s favorite amateur weather forecaster.
On February 2, 2016, in the small town of Punxsutawney, Pennsylvania, the folk hero groundhog emerged from his burrow and declared his annual …
Russia’s state owned gas giant Gazprom (ticker: OGZPY, Gazprom.com) is hoping to increase its share of the European market to 33% this year, 2% more than …
The spread between natural gas prices at Henry Hub and in the North East are narrowing as infrastructure increases, according to information from the Energy Information Administration. Henry Hub in Louisiana acts as the main trading point for natural …
The Energy Information Administration (EIA) released its natural gas data for the week ended January 15, showing a draw of 178 Bcf, bringing gas-in-storage levels to 3,297 Bcf. …
Government policy can be used as a powerful industry killer. Ask the coal miners in Appalachia.
Henry Hub prices in 2015 averaged $2.61/MMBtu, marking the lowest level of the millennium to date and are roughly 70% below the average price level in 2008, according …
In December, Oil & Gas 360® conducted a survey of industry executives and investors. We asked respondents to predict commodities pricing for 2016, as well …
The timing may have taken longer than expected, but natural gas prices are finally on the rise.
Spot prices for Henry Hub closed at $2.37 on December 29, 2015, marking a six week high and the third straight day of …
Offices, malls, supermarkets and other buildings in Beijing have been told to lower their heat to no higher than 14 degrees Celsius (57 degrees Fahrenheit) …
Does the term “bearish” even begin to describe commodity prices anymore?
Oil prices are generating most of the headlines, but natural gas has it just as tough: spot prices for Henry Hub are trading at 16-year lows. The story …
Lower for longer is starting to truly set in with the oil and gas industry as buyside investors and the industry see a more muted outlook …
A Moody’s Investors Service report out today has lowered pricing assumptions for Brent and WTI and examines how a sustained period of lower oil prices would affect certain industries in producing and non-producing …
The Energy Information Administration (EIA) forecasts that next month. Despite the trend of more efficient wells, the EIA said it anticipates lower production in all major oil producing …
The Energy Information Administration (EIA) announced today that 2014 was the fourth-highest year on record for crude oil reserves as the United States added 3.4 billion barrels of crude oil and …
An Exclusive Interview with Keith Burdette, Secretary of Commerce for West VirginiaCoal has powered West Virginia’s economy for centuries. Generations of West Virginians have come and gone in the Mountain State, and its stalwart blue-collar coal industry continuously attracts …
The global coal trade declined for the first time in 21 years in 2014, and likely contracted further this year as well, according to information from the Energy Information Administration (EIA). The …
China’s National Development and Reform Commission (NDRC), the country’s top economic planner, announced this week that it plans to reduce the benchmark city-gate prices for natural gas by 0.7 yuan ($0.11) per …
Baker Hughes (ticker: BHI) released its weekly rig counts, indicating that the number of rigs drilling for oil in the United States increased for the first time in …
Since the turn of the century, China has increasingly come to the forefront of the world’s political and economic stages. The country’s demand growth for hydrocarbon fuels has made it particularly interesting to the oil …
To have a natural gas symposium keynote speaker be the leader of a vocal green energy organization like the Environmental Defense Fund may seem like an oxymoron, but when you consider the large university venue, …
Oil & Gas 360® completed a survey of industry executives last week. The survey was offered to 3,000 current industry leaders working at the highest level.
The purpose was to gather …
The United Arab Emirates (UAE) is looking to enhanced oil recovery (EOR) to push its production higher as the chances of finding new reserves decrease. OPEC’s …
