Natural Gas

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Norway’s Equinor Plans Sharp Increase to International Oil and Gas Output by 2030

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(Reuters) – Equinor’s international oil and gas portfolio will return to growth in the next few years as the Norwegian energy group targets sharply increased output abroad by 2030, its head of foreign operations told Reuters. After recent divestment of onshore assets in Argentina, Equinor now produces oil and gas in seven countries outside Norway, …

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Saudi, US Firms to Partner on Northeast Syria Energy Project

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By Timour Azhari [image] Saudi, US firms to explore oil and gas in northeast Syria Project follows Assad’s ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, ACWA Power, TAQA, Argent LNG RIYADH, Feb 10 (Reuters) – Two Saudi Arabian and three U.S.-based firms are set to form a consortium for oil and …

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US Natural Gas Futures Fall More Than 8% on Milder Forecasts

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(Reuters) – U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous session’s gains. Gas futures for March delivery on the New York Mercantile Exchange fell 27.7 cents, or 8.1%, to $3.15 per million British thermal units …

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Shell Needs Big Discovery or Deals as Oil, Gas Reserves Dwindle

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By Shadia Nasralla and Stephanie Kelly Shell reserves at lowest since at least 2013, faces output gap Reserve life 8 years, markedly below Exxon Analysts see need for M&A, exploration success LONDON, Feb 9 (Reuters) – Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of …

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US Natural Gas Futures Extend Decline as Forecasts Shift Warmer

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By Sing Yee Ong and Julian Hast US natural gas dropped for a second session on the outlook for warmer temperatures across large parts of the country, likely trimming demand for the heating and power-plant fuel. Futures for March delivery slipped as much as 9.1% to $3.111 per million British thermal units. With much of …

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Williams Weighs Buying Gas-Producing Assets to Enhance AI Energy Supply to Hyperscalers, Sources Say

Artificial Inteligence, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, US News / By

(Reuters) – Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies to support its one-stop-shop offering to hyperscalers and data center clients, three people familiar with the matter said. The Tulsa, Oklahoma-based firm has spent the …

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Shell Wants to Export Venezuelan Gas Through Trinidad, CEO Says

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(Reuters) – Shell hopes to produce gas from Venezuela’s Dragon field in three years and have it processed in Trinidad and Tobago for export, CEO Wael Sawan told Bloomberg TV in an interview on Thursday. Shell and Trinidad have been trying to increase the supply of natural gas to Trinidad’s Atlantic LNG export facility and …

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US to Auction Drilling Rights For Alaska Reserve on March 9

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, Oil, US News / By

(Reuters) – The Trump administration on Thursday said it would hold a sale of oil and gas drilling rights across 5.5 million acres of Alaska’s National Petroleum Reserve on March 9. WHY IT’S IMPORTANT The sale is the first of at least five mandated by President Donald Trump’s One Big Beautiful Bill Act, which he …

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Cheniere Submits Application to Build Massive LNG Plant in Texas

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By Curtis Williams Cheniere plans 24 mtpa LNG plant expansion in Texas Expansion to add four new LNG processing trains Cheniere aims for federal approval by May next year HOUSTON, Feb 5 (Reuters) – Cheniere Energy, the largest liquefied natural gas exporter in the U.S., has submitted an application to build a 24 million metric …

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Arctic Blast Triggers Largest-Ever US Gas Storage Withdrawal

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By Julian Hast US natural gas consumers withdrew more gas from storage last week than they ever have before as a powerful late-January storm boosted demand for the heating fuel while also disrupting production across key gas-producing basins. Consumers withdrew 360 billion cubic feet of gas in the week leading up to Jan. 30, the …

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