The Latest

Triple-Digit US NatGas Storage Injections Hit Seventh Straight Week

Producers have injected more than 100 Bcf into storage for seven straight weeks, a streak that has only been matched one other time in the EIA's records.

Analysts Expect Long-Term Rise in NatGas Prices by YE25

RBAC’s natural gas price model shows a long-term increase at the Henry Hub as the underlying factors in the gas market finally begin to shift for LNG demand.

Fitch Ratings Says Global Oil, Gas Sector Outlook is ‘Deteriorating’

Fitch Ratings changed its outlook on the global oil and gas sector from neutral to deteriorating, citing U.S. tariff policy and production increases for the revised forecast.

Encino Led Ohio’s 11% Utica Oil Output Growth in 1Q25

Most of the state’s additional barrels came from Encino Energy, which EOG Resources plans to buy for $5.6 billion, new state production data show.

US NatGas Prices Edge Up on Rising Demand, Signs of Higher Flows to Cameron LNG

Prices edged up even as energy firms continue to add record amounts of gas into storage and as the cost of spot gas remains well below futures prices.

US Policy to Hobble Midstream Cos.' Feedstock Shipments to China

Energy Transfer and Enterprise Products Partners, two major suppliers of ethane, will bear the brunt of a policy that will cut shipments to China by a quarter in 2025 and by 50% in 2026, according to the U.S. Energy Information Administration.

INEOS Looking Across Lower 48 for More Shale PDP

U.K.-headquartered international hydrocarbons conglomerate INEOS is seeking the mature U.S. shale assets that don’t have the upside growth potential publicly held U.S. operators need.

Fervo Energy Sets Geothermal Drilling Records with Appraisal Well in Utah

The ability to drill deeper and hotter expands the commercial viability window for enhanced geothermal systems, according to Fervo.

Texas Hits Record NatGas Production, Crude Holds Steady

The Texas Oil & Gas Association estimated that crude oil production in Texas held steady at 5.7 MMbbl/d, while NGL production also remained level at 4 MMbbl/d.

ADNOC Awards John Wood $2.8B EPCm Contract for UAE Facility

ADNOC awarded John Wood Group Plc a $2.8 billion contract to provide engineering, procurement and construction management (EPCm) for the company’s Habshan facility in the United Arab Emirates.