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 […]
There’s been a lot of pressure on US natural gas futures this winter. From an unseasonably warm winter to high production to increasing storage, heating fuel prices have tumbled a whopping 78% since August 2022. […]
Europe could end winter with better-than-expected natural gas storage levels because of unseasonably warm weather across the energy-stricken continent in October and November. Traditionally the heating season should be well underway, but above-trend temperatures have […]
Authored by Irina Slav via OilPrice.com, European leaders are unhappy with natural gas prices. Some leaders are insisting that the EU impose a price cap on all natural gas imports, regardless of origin. U.S. LNG […]
Russia’s natural gas supplies to Europe via the Nord Stream pipeline system will likely not be restored and could be redirected in pipelines via the Black Sea to Turkey. Russian energy giant Gazprom PJSC CEO […]
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