Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
Wedoany.com Report-Dec 16,The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC...
Austria’s OMV Terminates Gazprom Natural Gas Contract
Wedoany.com Report-Dec 14, Austrian oil and gas company OMV announced Wednesday the termination its long-term natural gas supply contract with Russias Gazprom Export, citing multiple fundamental breac...
ORLEN Ramps up Its Exploration Activity on the Norwegian Continental Shelf
Wedoany.com Report-Dec 13, A total of 6 exploration and appraisal wells were completed by ORLEN Upstream Norway in 2024, 4 more than the previous year. As a result, the company discovered or confirmed...
US Natgas Output to Decline as Demand Hits Record High in 2024, EIA Says
Wedoany.com Report-Dec 12,U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlo...
Argentina Hydrocarbon Production Nears Record Highs
Wedoany.com Report-Dec 12,Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from Vaca Muerta shale formation, which is offsetting declining o...
Why Has the USA Natural Gas Price Been Dropping Lately?
Wedoany.com Report-Dec 04 , Natural gas prices are drifting lower after failing to break out above a key technical level at $3.40 per million British thermal units (MMBtu) last week. That’s what...
Enverus Releases Annual Report On Canada’s Natural Gas, Unconventional Resource Plays
Wedoany.com Report-Nov 29, Enverus Intelligence®Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well i...
EQT, Blackstone Credit Form $8.8-Billion Midstream Joint Venture
Wedoany.com Report-Nov 28, Independent natural gas producer EQT has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance to form a multi-billion midstream joint vent...
Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge
Wedoany.com Report-Nov 22,Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of the past. A fi...
Natural Gas Prices Surge to Highest Levels Since June
Wedoany.com Report-Nov 21,Natural gas prices at Henry Hub have surged to their highest levels since June, driven by forecasts of colder than normal temperatures in the coming weeks and supported by st...