Friday, January 17, 2025
US gas supercycle is coming: Bernstein- oil and gas 360

US gas supercycle is coming: Bernstein

(Investing) – Bernstein analysts laid out their view for a coming US gas supercycle, projecting a significant shift in the domestic gas landscape through 2030. The firm has raised its long-term Henry Hub gas price deck to $5/mcf, which they believe is a conservative estimate, considering robust demand growth and constrained supply. Given its bullish stance, the investment bank upgraded EQT

Weekly Gas Storage: Inventories decrease by 40 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 258 Bcf

Natural Gas Inventories as of January 10, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 258 Bcf as of January 10, 2025. Working gas in storage was 3,115 Bcf as of Friday, January 10, 2025, according to EIA estimates. This represents a net decrease of 258 Bcf from the previous week. Stocks were

AI, carbon reduction, and M&A are top oil and gas trends to watch in 2025, new report says-oil and gas 360

AI, carbon reduction, and M&A are top oil and gas trends to watch in 2025, new report says

(World Oil) – According to a new report from national law firm Lathrop GPM, oil and gas (O&G) decision makers are grappling with carbon reduction initiatives and artificial intelligence (AI) readiness—as well as continuing to evaluate potential mergers and acquisitions (M&A) to drive new efficiencies—amid ongoing economic, geopolitical and regulatory uncertainty. This year’s annual report, “2025 Oil and Gas Outlook

Kinder Morgan announces acquisition of gas gathering & processing system in Bakken from Outrigger Energy II- oil and gas 360

Kinder Morgan announces acquisition of gas gathering & processing system in Bakken from Outrigger Energy II

(Oil & Gas 360) – $640 million purchase includes 270 MMcf/d processing plant and rich gas header system strategically located in Williston Basin, North Dakota HOUSTON, January 13, 2025–(BUSINESS WIRE)–Kinder Morgan, Inc. (NYSE: KMI) today announced that its subsidiary, Hiland Partners Holdings LLC, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC

Energy NL opposes federal emissions cap, citing serious impact and concerns- oil and gas 360

Energy NL opposes federal emissions cap, citing serious impact and concerns

(World Oil) – Energy NL has made a submission to the Government of Canada Gazette 1 consultation process on the proposed Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations and has asked the federal government to abandon the regulations. According to the submission, the regulations sidestep the Atlantic Accord and will effectively cap offshore oil production and greatly impact the

Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal- oil and gas 360

Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal

(CNBC)– U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry. The cash-and-stock deal comes at a time of rising electricity demand, driven by the proliferation of energy-guzzling AI data centers and the electrification of transportation

Weekly Gas Storage: Inventories decrease by 40 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 40 Bcf

Natural Gas Inventories as of January 3, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 40 Bcf as of January 3, 2025. Working gas in storage was 3,373 Bcf as of Friday, January 3, 2025, according to EIA estimates. This represents a net decrease of 40 Bcf from the previous week. Stocks were

Diversified Energy announces strategic bolt-on acquisition of complementary producing & midstream assets in the Appalachian Basin- oil and gas 360

Diversified Energy announces strategic bolt-on acquisition of complementary producing & midstream assets in the Appalachian Basin

(Oil & Gas 360) – Production Economics Expected to Benefit from Diversified’s Regional Presence and Scale Acquisition Grows Coal Mine Methane Revenue Generation Potential BIRMINGHAM, AL / ACCESSWIRE / January 6, 2025 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the “Company”) is pleased to announce the acquisition of operated natural gas properties and related facilities located within Virginia, West Virginia, and

Europe's Russian gas era comes to an end as Ukraine transit stops- oil and gas 360

Europe’s Russian gas era comes to an end as Ukraine transit stops

MOSCOW – Russian gas supplies to Europe via Ukraine are set to end on New Year’s Day, bringing down the curtain on Moscow’s long period of dominance of supply in the European gas market. Russia’s oldest gas export route to Europe – a pipeline dating back to Soviet days – was set to shut at the end of 2024, as

Eni raises oil and gas production offshore Cote d’Ivoire- oil and gas 360

Eni raises oil and gas production offshore Cote d’Ivoire

(Oil Price) – Italian energy major Eni has started production from the second phase of its oil and gas development Baleine offshore Cote d’Ivoire, boosting output from the field in West Africa. This weekend, Eni announced the successful start-up of Phase 2 at the Baleine field, which will raise production to 60,000 barrels of oil per day (bpd) and 70 million cubic feet

Russian gas flows via Ukraine for last days as transit deal crumbles- oil and gas 360

Russian gas flows via Ukraine for last days as transit deal crumbles

(BOE Report) – Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the almost complete loss of Russia’s once mighty hold over the European gas market. Supplies of Russian gas via Ukraine are due to stop from the early hours