This post was originally published on this siteThe ongoing trend of growing natural gas imports into Mexico from the United States will probably continue into the foreseeable future, with significant implications for the country’s energy landscape.
Mexico Must Pay Attention to Industrial Natural Gas Opportunity — Column Read More »
This post was originally published on this siteThe U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer…
US Opens Bidding for Offshore Wind Acreage off Texas Read More »
This post was originally published on this site(Reuters) – Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns. Brent crude settled down $1.24, or 1.5%, at $81.13 a barrel. West Texas Intermediate crude
Oil Falls 1.5%, Ends Week Lower on China Demand Fears Read More »
This post was originally published on this site(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count,
This post was originally published on this siteOil dipped as algorithmic traders took advantage of market uncertainty, while traders weighed Chinese demand against falling US stockpiles.
Oil Posts Biggest Weekly Drop Since Early May Read More »
This post was originally published on this siteAugust natural gas futures were trading lower through midday Friday as competing fundamentals and the contract’s Monday expiry juiced volatility.
This post was originally published on this siteThe U.S. natural gas rig count fell by two for the week ending Friday (July 26), while a five-rig increase in the oil patch sent the combined domestic tally up to 589, according to the latest Enverus and Baker Hughes Co. (BKR) data.
Domestic Rig Count Up Overall, but Natural Gas Patch Down by Two Read More »
This post was originally published on this siteFor the week of July 15 – 21, a total of 14 permits were issued to drill new shale wells in Marcellus/Utica. Pennsylvania issued six new permits, split two each for INR, Chesapeake Energy, and Olympus Energy. Ohio issued eight new permits, all of them to Encino Energy
14 New Shale Well Permits Issued for PA-OH-WV Jul 15 – 21 Read More »
This post was originally published on this siteRange Resources Corporation, the very first company to drill a shale well targeting the Marcellus Shale layer in Pennsylvania (in 2004), issued its second quarter 2024 update earlier this week. Range continues to hold its production relatively flat. During 2Q, Range produced 2.15 Bcfe/d (billion cubic feet equivalent
Range Sees Slight Bump in Production in 2Q, Net Income Down 5% Read More »
This post was originally published on this siteCNX Resources issued its second quarter update yesterday. MDN will do a deeper dive into the update on Monday. Today, we want to highlight one item “tucked away” in the report that was first noticed by the Pittsburgh Business Times. CNX has a New Technologies Group dedicated to
CNX Makes CNG at the Well Pad Using No Compressors Read More »
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