U.S. natural gas futures rose more than 2% on Monday, as an increase in feedgas to the Freeport LNG export plant and a drop in output outweighed lower demand forecasts for next week and a mild weather outlook. Front-month gas futures for May delivery on the New York Mercantile Exchange rose 3.9 cents, or 2.2%, …
U.S. Natgas Prices up Over 2% on Rising Feedgas to Freeport LNG Read More »
Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.
Summary Prices down after jumping $1 on strong euro zone PMI data U.S. Senate to take up aid package with Iran oil sanctions Political backdrop fraught with many risks: ANZ April 23 (Reuters) – Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market weighed the …
Oil Falls Back After Robust EU Data as Mideast Tensions Linger Read More »
Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
The move reflects skepticism within the U.S. government that the technology will develop quickly enough to become a significant tool to decarbonize the electricity industry.
Politics and tariffs may delay ownership transfer of the Trans Mountain Pipeline, which the Canadian government spent CA$34 billion to build.
TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company’s tab to more than $1.4 billion.
Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Tudor, Pickering, Holt and Co. (TPH) expects fairly tight heavy crude discounts in the U.S. this summer and beyond owing to lower imports of Canadian, Mexican and Venezuelan crudes.
By John Kemp LONDON, April 22 (Reuters) – Investors boosted their exposure to Brent as the conflict between Iran and Israel escalated but there was selling across the rest of the petroleum complex amid doubts about the sustainability of higher prices. Hedge funds and other money managers sold the equivalent of 23 million barrels in the …
Oil Bulls Lack Conviction About Sustainability of Higher Prices Read More »
