Oil drilling is collapsing in the US as producers rein in output, mirroring a recent plunge in rigs searching for natural gas. Rigs targeting crude declined by 11 to 575 this week, according to data […]
Three U.S. legislators have proposed a bill that would reimpose a ban on U.S. crude oil exports on the ground that this would benefit coastal communities, U.S. energy consumers as a whole, and help the […]
The Dutch government is considering plans to restrict cattle numbers to two cows per football pitch-sized field, putting them on a collision course with the country’s farmers. Mark Rutte, the Dutch prime minister, has not […]
The European Union is reportedly unlikely to agree to a proposal to ban natural gas imports from Russian pipelines in the future. The Financial Times reported earlier this week that the G7 and EU were […]
Months after the Tennessee Valley Authority committed to building a gas plant and pipeline in Middle Tennessee, the federal utility is proposing another 1.5-gigawatt fossil fuel project in East Tennessee. The federal utility announced Friday that it […]
TOKYO, May 17 (Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open […]
Oklahoma’s state treasurer has issued a list of 13 financial institutions that he says are boycotting Oklahoma’s oil and gas industry and shouldn’t be allowed to do business with the state. Last year, lawmakers targeted financial […]
May 16, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our May Short-Term Energy Outlook (STEO), we expect the U.S. benchmark Henry Hub natural gas spot price to increase throughout 2023 […]
According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in natural gas […]
According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in NatGas prices […]
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