NAO report details ‘financial pressure’ on local bodies Only three wells fracked to date, well behind plan Environmentalist groups call for end to fracking London — Progress in establishing a Continue Reading
Appalachian shale drillers are getting squeezed by low prices, and a supply glut may mean that there is little prospect of a pricing rebound anytime soon. Earlier this month, IHS Continue Reading
Highlights Waha weekly average at 97 cents, up from negative territory Texas, Southwest power burns hit annual highs in mid-July Denver — Permian Basin gas prices averaged their highest since Continue Reading
Saudi Aramco, which has an ambitious plan to grow its natural gas business, is considering investing in the Marcellus shale gas assets of Norway’s Equinor in what would be the Continue Reading
Challenging geology, insufficient infrastructure, and low well productivity are set to result in China badly missing its own shale gas production target to 2020, analysts say. China has set a Continue Reading
While European oil supermajors are yielding to investor pressure to set emission reduction targets and announcing investments in renewables and EV charging networks, U.S. majors ExxonMobil and Chevron are doubling Continue Reading
Houston’s Apache Corp. said Tuesday it will dramatically cut back on its natural gas production in the Permian Basin for an extended period of time because of steep pricing discounts Continue Reading
Heavily discounted Permian Basin gas could soon access downstream markets in Mexico, following the recent startup of incremental gas deliveries to Fermaca’s Wahalajara pipeline system. Receive daily email alerts, subscriber Continue Reading
The Haynesville Shale in northeastern Texas and Louisiana is producing 10.522 billion cubic feet per day of natural gas this month, and is expected to produce even more next month, Continue Reading
Forecast Highlights Global liquid fuels For the 2019 summer driving season that runs from April through September, EIA forecasts that U.S. regular gasoline retail prices will average $2.76 per gallon Continue Reading
