Commentary By Gavin Maguire (Reuters) – An enduring drought across much of the western United States has caused a drop in U.S. hydro power generation to a 23-year low so far in 2024, data from the U.S. Energy Information Administration (EIA) shows. The fall in hydro generation has been somewhat overshadowed by the climb in …
U.S. Dispatchable Clean Power Output Hit by Hydro Slump Read More »
Plans to cut thousands of jobs and slash wages as Europe’s biggest automaker tries to halt its tailspin Bloomberg News Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin. The proposals to fix …
Foreign asset buyers are considering U.S. upstream M&A to lower their LNG supply costs and avoid windfall taxes on European operations, Jefferies Managing Director Bill Marko says.
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for crude spiked globally on October 2 after Iran fired nearly 200 missiles into Israel, part of a series of rapidly escalating attacks between Israel and …
U.S. natural gas futures dropped about 8% on Monday on forecasts for mild weather through at least mid-November, less demand next week than previously expected and an increase in output in recent days. Another factor weighing on gas prices was a 6% drop in oil futures on Monday after a limited Israeli attack on Iran …
U.S. Natgas Prices Drop 8% on Mild Forecasts, Rising Output Read More »
Territory Resources LLC has retained EnergyNet for the sale of 15-well package in Kay, Noble and Pawnee counties, Oklahoma.
Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.
The oil and gas industry has both a need and an opportunity to embrace the digital transformation while engaging the next generation of its workforce.
The $950 million move to acquire Piñon Midstream expands Enterprise Products Partners’ Delaware Basin footprint in New Mexico.
Leslie Armentrout, the president and co-founder of Silver Cross Energy Partners discusses the opportunities of the Central Basin Platform and Uinta Basin—and the challenges.
