Experts worry about how US will see next COVID surge coming
As coronavirus infections rise in some parts of the world, experts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take Continue Reading
Methane Leaks Plague New Mexico Oil and Gas Wells
Startlingly large amounts of methane are leaking from wells and pipelines in New Mexico, according to a new analysis of aerial data, suggesting that the oil and gas industry may Continue Reading
U.S. Oil Production Recovery Speeds Up
Crude oil production in the United States grew faster during the first quarter of the year, the Dallas Fed reported in its quarterly industry survey, noting that costs also increased. Continue Reading
US natural gas inventories slip less than expected but price surge continues
US natural gas in storage dropped by less than expected in what might be the final draw of the heating season, yet Henry Hub futures continue to build on recent Continue Reading
US oil, gas rig count drops one to 780 on week; Eagle Ford growth strongest: Enverus
Highlights Eagle Ford count is 68 for the week, up 2 Total rig count sees first loss since end-2021 Pace of rig adds in 2022 at about 20/month The US Continue Reading
Feature: Ample Canadian crude pipeline, rail export capacity exists if output rises
Highlights Canadian pipeline bottleneck ended Q4 2021 More pipeline, rail and barge projects in progress Canadian volumes ramping up, but not dramatically As crude oil prices have surged, so to Continue Reading
Ukrainian forces advance east of Kyiv as Russians fall back
Ukrainian troops are recapturing towns east of the capital Kyiv and Russian forces who had been trying to sieze the city are falling back on their overextended supply lines, Britain Continue Reading
German ministry wants to halve dependence on Russian oil by summer
Germany’s economy ministry wants to halve the country’s dependence on Russian oil by the summer and have no Russian hard coal imports by the autumn, Der Spiegel magazine said on Continue Reading
Biden seals LNG deal as EU grapples with energy crunch
The European Union and United States unveiled a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG), as leaders of the European bloc meet to curb Continue Reading
U.S, EU strike LNG deal as Europe seeks to cut Russian gas
The United States will work to supply 15 billion cubic metres (bcm) of liquefied natural gas (LNG) to European Union markets this year, as Europe seeks to wean itself off Continue Reading