Natural Gas – Page 8 – Oil & Gas 360

U.S. oil and gas industry jobs experience growth despite national economic challenges, Energy Workforce reports

July 12, 2024

World Oil (WO) – The Energy Workforce & Technology Council released its monthly jobs report, indicating signs of continued improvement in employment growth across the oil and gas industry. In June 2024, the U.S. oil field services sector experienced an increase in job gains, with a gain of 968 jobs, according to preliminary data from the Bureau of Labor Statistics

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had a decrease of 1 this week, at 584

July 12, 2024

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 584 rigs. Canada had an increase of 14 over last week, resulting in a total Canadian count of 189 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite

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

Weekly Gas Storage: Inventories increase by 65 Bcf

July 11, 2024

Natural Gas Inventories as of July 5, 2024 The EIA has released its natural gas inventory report, showing a net increase of 65 Bcf as of July 5, 2024. Working gas in storage was 3,199 Bcf as of Friday, July 5, 2024, according to EIA estimates. This represents a net increase of 65 Bcf from the previous week. Stocks were

Exxon signals Q2 below market consensus, excluding Pioneer buy

July 8, 2024

Investing HOUSTON – Exxon Mobil Corp (NYSE:XOM) on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second quarter. A snapshot of operating factors affecting the quarter suggests earnings per share between $1.50 and $2.40, or about $8.3 billion, which is 17% below market consensus. The preview excludes additional oil and gas

U.S. rig count had a decrease of 7 this week, at 581

June 28, 2024

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 7 over last week, resulting in a total count of 581 rigs. Canada had an increase of 10 over last week, resulting in a total Canadian count of 176 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford,

The 29th annual EnerCom Denver – The Energy Investment Conference to host The Energy Transition and Emerging Technology Session featuring start-up energy and technology companies - oil and gas 360

EnerCom Denver – The Energy Investment Conference to host The Energy Transition and Emerging Technology Session featuring start-up energy and technology companies

June 27, 2024

Oil and Gas 360 EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free DENVER – June 24, 2024 – EnerCom,

Weekly Gas Storage: Inventories increase by 52 Bcf

June 27, 2024

Natural Gas Inventories as of June 21, 2024 The EIA has released its natural gas inventory report, showing a net increase of 52 Bcf as of June 21, 2024. Working gas in storage was 3,097 Bcf as of Friday, June 21, 2024, according to EIA estimates. This represents a net increase of 52 Bcf from the previous week. Stocks were

Texas regulator calls on Biden administration to restart LNG exports to support Ukraine

June 26, 2024

World Oil (WO) – Following recent reports that the Biden Administration’s federal moratorium on new liquified natural gas (LNG) export plants is prohibiting Ukraine from purchasing American LNG, Railroad Commissioner Wayne Christian slammed the administration’s policy and called on the president to rescind the ban. “This politically motivated ban is doing more than simply costing America economic activity— it’s jeopardizing

Canada’s “anti-greenwashing” C-59 bill to create “chaos and uncertainty” for oil and gas industry, Alberta Premier admonishes

June 24, 2024

World Oil (WO) – Last week, the Canadian government passed bill C-59, requiring oil and gas companies to “back up” their environmental claims or otherwise be accused of “greenwashing.” In response, Alberta Premier Danielle Smith, along with Canadian Minister of Energy and Minerals Brian Jean and Environment and Protected Areas Minister Rebecca Schulz, released the following statement. “The federal Liberal

US offers $850 million in grants to clean up oil sector methane emissions

June 21, 2024

Yahoo Finance WASHINGTON – The U.S. government opened up on Friday competitive bidding that will close on Aug. 26 for $850 million in grants to help small oil and gas producers monitor and reduce methane from their operations, a major part of the Biden administration’s plan to crack down on leaks of the potent greenhouse gas. WHY IT IS IMPORTANT

U.S. rig count had a decrease of 2 this week, at 588

June 21, 2024

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 2 over last week, resulting in a total count of 588 rigs. Canada had an increase of 6 over last week, resulting in a total Canadian count of 166 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford,

US natgas flows fall to 11-month low at Cheniere Sabine LNG export plant

June 21, 2024

BOE Report The amount of natural gas flowing to U.S. liquefied natural gas firm Cheniere Energy’s Sabine Pass export plant in Louisiana was on track to drop to an 11-month low on Friday, according to data from financial firm LSEG. Reductions at Sabine and other U.S. LNG export plants have often had a major impact on global gas prices. A

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