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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. While the slowdown in U.S.

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Hedge Funds Turn Bearish on Oil, Bullish on Natural Gas

OilPrice

Traders havent been this bearish on oil in months or so bullish on U.S. natural gas in years. natural gas futures showed two contrasting trendsspeculators are betting that oil prices would remain low or go even lower while increasing the bets that natural gas prices would continue marching higher.

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Cummins Approves Chevron Delo Oils for Use in Natural Gas Engines

NGT News

says its Delo 600 ADF 10W-30 and Delo 600 ADF 15W-40 heavy-duty engine oils have been approved for use in Cummins mobile natural gas engines. Chevron Products Co.

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Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

OilPrice

ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360º

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

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Energy Transfer Will Provide Natural Gas to Texas Data Center Project

POWER Magazine

Texas-based oil and gas major Energy Transfer said the company has entered into a long-term agreement with Colorado-based CloudBurst Data Centers for the energy supply to serve a data center […] The post Energy Transfer Will Provide Natural Gas to Texas Data Center Project appeared first on POWER Magazine.

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“Natural Gas Extraction” Job Paid Average Wage of $176,800 in 2024

Marcellus Drilling News

Earlier this month, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its State of Energy Report, offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ?the TIPROs State of.