US Natural Gas Prices Jump

Wedoany.com Report-Dec 23,US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spo...

2024-12-23

NUPRC to Launch New Oil Licensing Round in 2025

Wedoany.com Report-Dec 21,The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025. NUPRC Chief Executive Officer Gbenga Komola...

2024-12-21

Germany’s Natural Gas Consumption Rose by 3.3% in 2024

Wedoany.com Report-Dec 20,Germany’s natural gas demand rose by 3.3% in 2024, due to lower prices compared to last year, preliminary estimates by the association of the German utilities, BDEW, sh...

2024-12-20

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...

2024-12-16

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...

2024-12-14

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...

2024-12-13

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...

2024-12-12

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...

2024-12-12

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...

2024-12-05

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...

2024-11-29
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