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Russia Attacks Ukraine’s Energy and Gas Infrastructure

OilPrice

Russia attacked energy and gas infrastructure in Ukraine early on Friday, the Ukrainian energy minister and national gas firm Naftogaz said.

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"Drill, Baby, Drill": Natural Gas Producers Eye a Boom

OilPrice

oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year. gas producers, which curbed some output last

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IEA: The World Needs Upstream Oil and Gas Investment

OilPrice

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.

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US Oil, Gas Rig Count Falls

OilPrice

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The number of gas rigs fell by 1 to 101 for a loss of 14 active gas rigs from this time last year. The latest EIA

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Hundreds of New Gas-Fired Power Units Planned as U.S. Gas Output Soars

POWER Magazine

natural gas production this year and […] The post Hundreds of New Gas-Fired Power Units Planned as U.S. Gas Output Soars appeared first on POWER Magazine. Energy Information Administration (EIA) published Dec. 10 shows five states accounted for more than 70% of record U.S.

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Natural Gas Prices Reach Two-Year Highs As Geopolitical Tensions Rise

OilPrice

Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. This surge has significant implications for consumers, industries, and energy markets worldwide.

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European Leaders Pressure EU To Resume Ukraine Gas Deal

OilPrice

European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine. Slovakias Prime Minister Robert Fico has revealed that hes not ruling out the resumption of gas through Ukraine following the expiration of a 5-year transit deal between Moscow and Kyiv.

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