natural gas

Natural gas demand from European industry is set to drop again

October 4, 2024

(Oil Price) – Despite a slight uptick in industrial consumption of natural gas this year, Europe’s heavy industry is likely to return to curtailing gas use next year amid a tighter gas market and higher prices, analysts and industry officials have told Bloomberg. Since the 2022 energy crisis, European industry has been squeezed amid sky-high energy costs and weak industrial demand in weakening economies.

TotalEnergies boosts U.S. natural gas business with Eagle Ford assets

September 27, 2024

(Oil Price) – TotalEnergies on Friday announced a deal to buy a 45% stake in dry gas-producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas, growing its gas production business and boosting its LNG portfolio. The assets that TotalEnergies is buying are located in Southwest Texas and have the potential to be developed to reach a

BKV Corporation announces pricing of Initial Public Offering

September 26, 2024

(Oil & Gas 360) DENVER, September 25, 2024 – BKV Corporation (“BKV”) today announced the pricing of its initial public offering of 15,000,000 shares of its common stock at $18.00 per share. The underwriters will have a 30-day option to purchase an additional 2,250,000 shares from BKV at the initial public offering price, less underwriting discounts and commissions. The shares will begin

EQT plans to reverse some US natgas production curtailments in Oct – CEO

September 25, 2024

(BOE Report) – U.S. energy company EQT plans to reverse some natural gas production curtailments in October and November as demand for the fuel and prices increase, CEO Toby Rice told Reuters on Wednesday. EQT, the biggest U.S. natural gas producer, has along with other U.S. drillers curtailed output in 2024 after prices collapsed to multi-year lows in the spring

$Diamondback Energy eyes natural gas to electrify Permian fracing operations- oil and gas 360$

Diamondback Energy eyes natural gas to electrify Permian fracing operations

September 18, 2024

World Oil (Bloomberg) – Diamondback Energy Inc., one of the Permian basin’s biggest oil companies, is considering using some of the natural gas it produces to generate electricity to run drilling and fracing operations. Permian producers have increasingly shifted operations from diesel generators to electricity supplied by the local power grid. But the Texas grid can be unreliable at times,

Natural gas demand from European industry is set to drop again

TotalEnergies boosts U.S. natural gas business with Eagle Ford assets

BKV Corporation announces pricing of Initial Public Offering

EQT plans to reverse some US natgas production curtailments in Oct – CEO

Diamondback Energy eyes natural gas to electrify Permian fracing operations

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