Friday, May 9, 2025
Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 104 Bcf

Natural Gas Inventories as of May 2, 2025 The EIA has released its natural gas inventory report, showing a net increase of 104 Bcf as of May 2, 2025. Working gas in storage was 2,145 Bcf as of Friday, May 2, 2025, according to EIA estimates. This represents a net increase of 104 Bcf from the previous week. Stocks were

Factbox-EU’s plan to phase out Russian gas by end-2027- oil and gas 360

Factbox-EU’s plan to phase out Russian gas by end-2027

(Investing) – BRUSSELS -The European Commission will next month propose legal measures to phase out the EU’s imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. Here are the key details: GAS AND LNG Russia was Europe’s top gas supplier before its 2022 full-scale invasion of Ukraine, providing around 45% of the European

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 107 Bcf

Natural Gas Inventories as of April 25, 2025 The EIA has released its natural gas inventory report, showing a net increase of 107 Bcf as of April 25, 2025. Working gas in storage was 2,041 Bcf as of Friday, April 25, 2025, according to EIA estimates. This represents a net increase of 107 Bcf from the previous week. Stocks were

Woodside, bp sign gas supply agreement for Louisiana LNG- oil and gas 360

Woodside, bp sign gas supply agreement for Louisiana LNG

(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Woodside’s CEO Meg O’Neill

The AI boom runs on oil, gas, and nuclear power- oil and gas 360

The AI boom runs on oil, gas, and nuclear power

(Oil Price) – Amazon (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) have said that all options, including oil and gas, are on the table as tech giants continue to grapple with surging power demand by AI workloads. Energy and tech executives have gathered at the Hamm Institute for American Energy in Oklahoma City to discuss how the U.S. can meet the growing energy needs for AI data centers.

New Era Helium receives approval for approximately 120 miles of rights-of-way to support midstream business unit and responsibly sourced gas initiatives within the Pecos Slope, Permian Basin- oil and gas 360

New Era Helium receives approval for approximately 120 miles of rights-of-way to support midstream business unit and responsibly sourced gas initiatives within the Pecos Slope, Permian Basin

Publisher’s Note: New Era Helium will present at EnerCom Denver—The Energy Investment Conference on August 17-20, 2025. Register to attend.  (Oil & Gas 360) – MIDLAND, Texas–April 29, 2025. New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), an exploration and production (E&P) company sourcing helium from natural gas reserves in the Permian Basin, today announced it will commence its

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion- oil and gas 360

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Publisher’s Note: Flotek Industries will present at EnerCom Denver—The Energy Investment Conference on August 17-20, 2025. Register to attend.  (Oil & Gas 360) – HOUSTON, April 28, 2025 /PRNewswireOpens in new window/ — Flotek Industries, Inc. (“Flotek”) (NYSE: FTK) and ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”) today jointly announced Flotek’s acquisition of power generation assets and related intellectual property (the “Acquired Assets”)

Drillers in Canada shift to natural gas as trade war drives down oil prices- oil and gas 360

Drillers in Canada shift to natural gas as trade war drives down oil prices

(World Oil) – Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices. The number of licenses for new gas wells issued in the first quarter rose 26% from the previous quarter to 308, the highest quarterly total in two years,

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 88 Bcf

Natural Gas Inventories as of April 18, 2025 The EIA has released its natural gas inventory report, showing a net increase of 88 Bcf as of April 18, 2025. Working gas in storage was 1,934 Bcf as of Friday, April 18, 2025, according to EIA estimates. This represents a net increase of 88 Bcf from the previous week. Stocks were

EU explores tweaking methane rules for US gas to help trade talks, sources say- oil and gas 360

EU explores tweaking methane rules for US gas to help trade talks, sources say

(BOE Report) – The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Donald Trump, three sources familiar with the matter told Reuters. The European Commission is working on its offer for trade negotiations with the

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 16 Bcf

Natural Gas Inventories as of April 11, 2025 The EIA has released its natural gas inventory report, showing a net increase of 16 Bcf as of April 11, 2025. Working gas in storage was 1,846 Bcf as of Friday, April 11, 2025, according to EIA estimates. This represents a net increase of 16 Bcf from the previous week. Stocks were