U.S. prices are less favorable than in the past, making it less attractive for overseas buyers. Buyers in Asia and Europe have canceled over 20 U.S. LNG cargoes for both June and July, with more anticipated.
John Jacobi, non-executive director at Comstock Resources, says tough times are ahead but the oil and gas industry could benefit from getting a little smaller.
In oil and gas, the decision to not hedge has always been at producers’ own peril. Fewer E&Ps have hedges in place than in prior years, according to a survey, which suggests a difficult path through the recent price collapse.
US gas tops the Asian benchmark for the first time.
KPMG’s Regina Mayor gives a look at how U.S. shale producers will respond to demand loss and who is getting hit the hardest in the energy industry amid the current pandemic.
The Texas Railroad Commission is expected to make a decision on mandating oil prorationing this week. Here’s why Guy Caruso says regulating the amount of oil production in the U.S. won’t be efficient.
Williams said on May 1 it has placed in service Phase 2 of the Hillabee expansion project, an important Transco expansion that provides clean-burning natural gas to meet the needs of Florida’s rapidly growing power generation market.