Wednesday, October 16, 2024

Energean Cleared to Start $1.6 Billion Gas Project – Offshore Israel

Energean raised $460 Million in Yesterday’s IPO  The day following its London IPO, the Energean Oil & Gas PLC (ticker: ENOG) board approved the Final Investment Decision for the $1.6 billion Karish & Tanin development project, offshore Israel. Financing the project Energean said $405 million of the $460 million raised from the IPO of its shares will be used to

Weekly Gas Storage: Winter Draw Continues

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks fell by 86 Bcf last week, dropping from 1,532 Bcf to 1,446 Bcf. This is 31.6% below the 2,113 Bcf that was in storage at this point last year, and

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