Natural Gas

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Slowing US Shale Growth Has Fracking Companies Finding New Markets Abroad

By Emma Sanchez A Tenaris frack set in the Vaca Muerta formation in Argentina, one of the world’s largest shale gas reservoirs. Source: Tenaris US fracking companies are increasingly sending their idle equipment overseas, finding new markets abroad as growth slows in the shale fields of Texas, New Mexico and elsewhere. Over the past two …

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US Natural Gas Falls to Five-Month Low as Forecasts Shift Warmer

By Julian Hast US natural gas futures settled down in thin trading, closing to the lowest in about five months as forecasts shifted warmer, indicating lower demand for the heating and power-plant fuel. Traders were also pricing in an increasingly low probability of an unexpected cold snap draining supplies as the winter heating season draws …

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US Natgas Prices at Waha Hub in Texas in Negative Territory for Record 12th Day

Reuters U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a row as pipeline constraints trap gas in the nation’s biggest oil-producing basin, forcing some energy firms to pay others to take gas associated with their …

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US Natgas Prices Climb as Winter Storm Batters US Northeast, LNG Export Flows Near Record

U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export flows and forecasts for more demand than previously expected over the next two weeks as another winter storm buries the U.S. Northeast in snow. Gas futures for March delivery on the New York Mercantile Exchange rose 4.3 cents, …

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US Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker Hughes

(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, held steady at 551 in the …

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US Energy Secretary Wright Pressures IEA to Quit Net Zero Agenda

Reuters – The U.S. Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to move away from its net zero climate-focused agenda or risk losing the U.S. as a member. In 2015 the U.S. and nearly 200 other countries signed the Paris Accords, an international pledge to limit global warming …

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Shell Says US General Licenses for Exploration in Venezuela Will Allow it to Progress with Dragon Natural Gas Project

By Curtis Williams and Shadia Nasralla US licenses enable Shell’s Dragon gas project progress Dragon project faced delays due to US policy shifts Shell aims to export gas via Atlantic LNG in Trinidad HOUSTON/LONDON, Feb 19 (Reuters) – General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow …

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EQT Expects $1 Billion Windfall on Storm-Driven Gas Price Rally

By Julian Hast EQT Corp. stands to pocket $1 billion in February alone as the natural gas producer reaps the benefits of its fortuitous position ahead of one of the steepest price rallies in the history of the US gas market last month. The second-largest US gas producer by volume entered 2026 almost entirely unhedged, …

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Trump-Backed Gas Project Has Competitors Rattled Over Risks

By Jennifer A Dlouhy and Naureen S Malik US President Donald Trump’s plan for Japan to build a massive gas power plant in Ohio promises a flood of electricity in a region desperate for it. It also heralds risks for others eager to meet the demand — but without the same political support. The prospect …

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Pipeline Operator Kinetik Prepares Sale process, FT Reports

 Kinetik Holdings, a pipeline operator in the Delaware Basin, is considering a sale following an approach from Western Midstream Partners, the Financial Times reported on Wednesday, citing people familiar with the matter. The development comes as energy-intensive data centers and rising liquefied natural gas (LNG) exports drive U.S. gas consumption higher, prompting producers to pull …

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