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HomeUS Energy News

US Energy News

Louisiana
Investments

Plans for new mid-scale LNG project in Louisiana gain ground

February 23, 2023 Mariel Alumit

Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorisation to export up to 4 million tonnes per annum (mtpa) […]

Tellurian
LNG

Tellurian’s 2022 culminates with Driftwood LNG construction progress

February 23, 2023 Mariel Alumit

Home Clean fuel Tellurian’s 2022 culminates with Driftwood LNG construction progress US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in […]

EnergyNews

Chesapeake Energy to reduce drilling amid natgas price slump

February 23, 2023 Mariel Alumit

​ Feb 22 (Reuters) – U.S. natural gas producer Chesapeake Energy Corp (CHK.O) on Wednesday said it would pull back on drilling and completing wells this year as natural gas prices have crashed to a quarter […]

EnergyNews

Highly Paid Oil Rig Worker Merits Overtime, U.S. Supreme Court Says

February 23, 2023 Mariel Alumit

​ Feb 22 (Reuters) – An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc (HLX.N) is entitled to overtime pay, the U.S. Supreme Court ruled on […]

U.S
EnergyNews

Column: U.S. Gas Prices Near Record Low Amid Over-Production – John Kemp

February 23, 2023 Mariel Alumit

​ LONDON, Feb 22 (Reuters) – U.S. gas prices have slumped close to their lowest level on record, after adjusting for inflation, as traders respond to signs of a persistent production surplus in the domestic […]

Biden
Offshore

Biden Interior proposes first offshore wind lease sale in Gulf of Mexico

February 22, 2023 Mariel Alumit

The Biden administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico as part of a larger plan to install offshore wind sites along the country’s coasts. The proposed lease […]

Earnings

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2022 Financial and Operating Results; Increases Base Dividend

February 22, 2023 Mariel Alumit

​ MIDLAND, Texas, Feb. 21, 2023 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2022. […]

Solar
Energy Crisis

Solar Industry Facing Whiplash From Volatile Material Prices

February 22, 2023 Mariel Alumit

​Even as solar power grows into one of the world’s largest sources of new energy, the industry behind it is facing unprecedented volatility as a battle for profits intensifies.The roller-coaster ride is best seen through the […]

Gas
Commodities

U.S. Natural Gas Falls Below $2 for the First Time Since 2020

February 22, 2023 Mariel Alumit

​US natural gas futures fell below $2 for the first time since 2020, extending a massive selloff as traders give up on hopes of extreme cold boosting demand.Gas for March delivery dropped to $1.987 per […]

Guggenheim
Exploration and Production

Guggenheim Capital LLC Increases Stake in Pioneer Natural Resources

February 22, 2023 Mariel Alumit

Guggenheim Capital LLC raised its position in Pioneer Natural Resources (NYSE:PXD – Get Rating) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,793 […]

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