Thursday, December 26, 2024
EQT announces strategic production curtailment- oil and gas 360

EQT announces strategic production curtailment

Oil and Gas 360 PITTSBURGH, March 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to the current low natural gas price environment resulting from warm winter weather and consequent elevated storage inventories. The Company expects

Shell, bp, others join NSTA’s decommissioning dashboard to support operational cost efficiency- oil and gas 360

Shell, bp, others join NSTA’s decommissioning dashboard to support operational cost efficiency

World Oil (WO) – Cost-efficient decommissioning has received a significant boost with the relaunch of a bigger, better digital data dashboard providing vital information about upcoming work to potential suppliers. The Decommissioning Data Visibility Dashboard now includes field-specific information from 15 operators, compared with three when it was piloted by the North Sea Transition Authority (NSTA) and the Decommissioning and

TC Energy to sell Portland Natural Gas Transmission System for $1.14 bln- oil and gas 360

TC Energy to sell Portland Natural Gas Transmission System for $1.14 bln

Nasdaq TC Energy TRP.TO said on Monday it has agreed to sell Portland Natural Gas Transmission System (PNGTS) to a BlackRock-managed fund and Morgan Stanley Infrastructure Partners for $1.14 billion as part of its ongoing efforts to reduce debt and fund investments. The Calgary, Alberta-based company, best known for its Keystone oil pipeline, is undergoing an overhaul and had said last

U.S. Northeast gasoline reserve could be sold off- oil and gas 360

U.S. Northeast gasoline reserve could be sold off

Oil Price The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary of Energy shall draw down and sell one million barrels of refined petroleum product from the Strategic Petroleum Reserve during fiscal year 2024.”