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(Reuters) – U.S. oil and gas producer Coterra Energy CEO Tom Jorden said on Wednesday the company plans to maintain its natural gas production shut-ins until there is an improvement in prices. Natural gas prices in the United States have stayed below $2 per million British thermal unit for most of the year due to …
Coterra to Maintain Production Shut-ins Amid Weak Natural Gas Prices Read More »
(Reuters) – U.S. energy company Chesapeake Energy was still curtailing natural gas output, the company’s CEO Nick Dell’Osso said at the Barclays CEO Energy-Power Conference on Wednesday. Low U.S. gas prices so far in 2024 prompted Chesapeake and several other gas suppliers to cut output. “We are curtailing volumes right now,” Dell’Osso said. He noted, …
Chesapeake Energy Still Curtailing US Natgas Output, CEO Says Read More »
Targa viewed Williams’s overture as undervaluing company Targa’s market value now $33 billion after shares gain Targa Resources Corp. rebuffed informal takeover interest from larger rival Williams Cos. in recent months, people with knowledge of the matter said, in another signal of sustained appetite for consolidation in the pipeline industry. The Houston-based natural gas pipeline operator viewed the …
Targa Resources Rebuffed Takeover Interest From Larger Rival Williams Read More »
Houston-based shale producer EOG Resources expects to ramp up operations in the Utica shale play in Ohio, Chief Operating Officer Jeff Leitzell told attendees at the Barclays CEO Energy-Power Conference in New York on Tuesday. EOG Resources has doubled its activity in the Utica year-on-year, operating on 445,000 acres with an average entry cost of around …
EOG to Ramp Up Activity in Utica Shale Play in Ohio Read More »
(Reuters) – Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments, said on Tuesday it has acquired some natural gas gathering and processing assets from Phillips 66 to boost its presence in Haynesville shale. Haynesville, located primarily in Louisiana and East Texas, contains large amounts of natural gas. Houston-based Voyager said the assets are …
Voyager Midstream Acquires Some Natgas Assets From Phillips 66 Read More »
U.S. spot natural gas prices for the month of August fell to a 26-year low at the Henry Hub benchmark in Louisiana, according to pricing data from financial firm LSEG. Gas prices averaged $1.99 per million British thermal units (mmBtu) in August, their lowest since hitting $1.91 during the month in 1998. That compares with …
U.S. Henry Hub Natgas Prices Fell to 26-year Low in August Read More »
By Hugo Dixon (Reuters Breakingviews) – Donald Trump has called climate change a “hoax”, while Kamala Harris says it is an “existential threat”. Those who care about limiting global warming will therefore be hoping the U.S. vice president wins the race for the White House. Scrutinise Harris’ words since she became the Democratic Party’s presidential …
OPINION: Why Kamala Harris Could be Good for the Planet Read More »
By Reuters (Reuters) – Donald Trump’s presidential campaign has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change. In an ironic twist, the United States has become the world’s top producer of oil and gas during Biden’s tenure, and his agencies have …
How Would Trump Seek to Dismantle Biden’s Climate Legacy? Read More »
Natural gas prices in the Permian shale basin in West Texas have turned negative a record number of times in 2024, including an all-time low for Friday, as pipeline and other constraints trap gas in the nation’s biggest oil-producing basin. Spot gas prices for Friday at the Waha hub in West Texas fell by about …
Natgas Prices at Waha Hub in Texas Fall to Record Low in Negative Territory Read More »
Trump attacked Harris’ earlier stance in gas-rich Pennsylvania Harris’ remarks on oil-extraction method most definitive yet Vice President Kamala Harris said she wouldn’t halt fracking if elected president, reversing her prior opposition to the technique used to produce most US oil and gas today. “As vice president, I did not ban fracking,” Harris said in an interview …
Harris Rules Out Fracking Ban, Threading Needle on Fossil Fuels Read More »
