Sunday, February 23, 2025
U.S. natgas output, demand to fall in 2021 after hitting records in 2020: EIA-oil and gas 360

U.S. natgas output, demand to fall in 2021 after hitting records in 2020: EIA

Reuters U.S. natural gas production and demand will decline in 2021 after hitting record highs this year, the Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will fall to 94.11 billion cubic feet per day (bcfd) in 2021 from a record 94.74 bcfd in 2020. The current all-time high

Europeans trigger dispute mechanism in urgent bid to save Iran nuclear deal- oil and gas 360

Europeans trigger dispute mechanism in urgent bid to save Iran nuclear deal

CNBC DUBAI, United Arab Emirates — After more than 18 months of sticking up for the Iran nuclear deal after the U.S. administration left it in May 2018, European Union signatories have triggered a dispute mechanism in the accord over Tehran’s suspension of compliance. France, Germany and the U.K. (the E3) in a joint statement informed the EU on Tuesday that they had