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
(Oil & Gas 360) – The Sense That Natural Gas Won’t Be Needed/Shouldn’t Be Used Is Helped By Climate-Change Fear And Mild Temps That are Changing Will Catch Many Short. Investor interest and natural gas expectations still restrained is helped by this week thus far delightfully mild. The cold air along the East Coast last week has been replaced
(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
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
(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
(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
(World Oil) – The oil & gas industry has seen a dip in active jobs (jobs open for hiring) in 2024, but hiring trends remain relatively better compared to pre-COVID levels. In 2024, countries with high job postings in the industry included the US, India, and the UK, while countries with high year-on-year (YoY) growth in job postings included Sweden
A rush by the Department of Energy to distribute as many transition loans as possible before Trump takes office has resulted in over $38 billion in loans being issued since the November elections. For context, the total commitments since the passing of the IRA have amounted to $54 billion in loans and loan guarantees. The Financial Times reported the number,
(Oil Price) – Ukraine has taken delivery of its first U.S. LNG cargo at a Greek terminal as Ukraine and Europe look to bolster their energy security by reducing their dependence on Russian gas, Ukraine’s largest private energy company, DTEK, said on Friday. The delivery of approximately 100 million cubic meters of gas, or 1 TWh of energy, onboard the Gaslog Savannah arrived
(World Oil) – Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara’s overtures for deeper involvement in the reconstruction of the war-torn country. Turkish authorities are also working on ways to meet Syria’s electricity needs after more than a decade of conflict damaged the country’s infrastructure, Turkish Energy Minister Alparslan
(Washington Post) – Donald Trump often says that liberating Iraq without getting its oil resources was one of America’s biggest foreign policy blunders. He has a chance to avoid a similar mistake in Ukraine. Ukraine is not only the breadbasket of Europe; it is also a mineral superpower with some of the largest reserves of 117 of the 120 the most widely used minerals in the world.
Natural Gas Inventories as of December 13, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 125 Bcf as of December 13, 2024. Working gas in storage was 3,622 Bcf as of Friday, December 13, 2024, according to EIA estimates. This represents a net decrease of 125 Bcf from the previous week. Stocks were
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