Energy professionals depend upon interconnected markets and often profit from arbitrage opportunities long before market participants and regulators can effectively address them.
Despite the EU's overall reliance on Russia dropping significantly, auditors say the EU is insufficiently prepared to weather a future gas crisis.
New restrictions aim to reduce Russia's profits from LNG, hitting the country's gas exports for the first time, but experts say it will likely have little impact on Russian revenues.
The U.S. Energy Information Administration’s storage report shows storage levels drifting back down to normal.
The natural gas price decline came even on forecasts for hotter weather next week than previously expected.
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The oil and gas rig count fell by two to 588 in the week to June 21. Baker Hughes said that puts the total rig count down 94, or 14% below this time last year.
Aethon Energy’s latest well made 2.6 Bcf in its first 3.5 months online. The new play’s first 15 wells to date have made 100.3 Bcf, averaging 21 MMcf/d over a combined 159 months.
Even as the rates of natural gas venting and flaring fell, according to Energy Information Administration data, another study shows CO2 emissions continued to rise globally.
While U.S. E&Ps squabble for pieces of the Permian Basin, international energy giants are all-in on the Eagle Ford Shale in South Texas.