Drillers in Irion County are stepping up the pace this year, D&C’ing already as many wells as were brought online in all of 2024. The county has a “bad reputation” for being gassy but is showing up with 76%-plus oil wells.
(Reuters) – Pipeline operator South Bow said Monday it is keeping an eye on inclement weather before proceeding with a planned controlled restart of its Keystone oil pipeline system. The Calgary, Canada-based company had previously indicated it was targeting Tuesday for full service restoration on the Keystone pipeline, which has been shut down since last …
South Bow Watching Weather Before Proceeding With Keystone Pipeline Restart Read More »
(Reuters) – U.S. natural gas futures fell about 6% to a nine-week low on Monday on record output over the weekend and forecasts for less demand next week than previously expected. Gas futures for May delivery on the New York Mercantile Exchange fell 20.2 cents, or 5.7%, to settle at $3.325 per million British thermal …
US Natgas Prices Drop 6% to 9-Week Low on Record Output, Lower Demand Read More »
(Reuters) – A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping data and a source, following state company PDVSA’s order to return the crude amid payment uncertainty related to U.S. sanctions. At least nine tankers Chevron …
Chevron-Chartered Vessel to Complete Oil Cargo Return in Venezuela, Data and Source Say Read More »
(Reuters) – President Donald Trump said on Monday he believes Iran is intentionally delaying a nuclear deal with the United States and that it must abandon any drive for a nuclear weapon or face a possible military strike on Tehran’s atomic facilities. “I think they’re tapping us along,” Trump told reporters after U.S. special envoy …
Trump Says Iran Must Give Up Dream of Nuclear Weapon or Face Harsh Response Read More »
TotalEnergies Gas & Power North America will purchase 1.5 million tons per annum of LNG from Rio Grande’s Train 4, which has yet to reach FID.
The management team of newly formed Mora Energy is starting with more than $250 million in equity commitments to pursue new energy infrastructure opportunities.
By Matthew Martin Energy prices are set to be lower under the current US administration than in the prior one, according to US Energy Secretary Chris Wright. “Under President Trump’s leadership in the next four years we’ll almost certainly see lower average energy prices than we saw in the last four years of the previous …
Trump’s Energy Secretary Says Average Oil Prices Will Be Lower Read More »
Canada’s South Bow is expected to restart flows on the Keystone Pipeline as soon as weather permits.
By America Hernandez, Riham Alkousaa and Marwa Rashad French, German firms open to modest return of Gazprom’s gas Trump has made US LNG a politically loaded commodity EU aims to quit Russian gas by 2027, has no detailed plan on how Arbitrations against Gazprom complicate supply resumption PARIS/BERLIN, April 14 (Reuters) – More than three …
Back to Russian Gas? Trump-Wary EU Has Energy Security Dilemma Read More »
