Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count climbed seven rigs, the ...

Gas power plant development is surging on the back of the AI boom, leading to a supply squeeze and prompting closer ...

Last week, the U.S. Energy Information Administration (EIA) reported that 55 billion cubic feet (Bcf) of natural gas were added to storage for the week ending June 27. This pushed total inventories to ...

Weather Factors' Impact on Gas Supply and Prices. As midsummer approaches in the US, natural gas demand is increasingly dependent on the situation in the Gulf, which definitely exacerbates ...

July Nymex natural gas (NGN25 ) on Monday closed up sharply by +0.247 (+7.17%). July nat-gas prices on Monday settled sharply higher as US weather forecasts shifted warmer for mid-June, which ...

US drilling activity continues to slow given the broader weakness in oil prices. ... In the natural gas market, European gas storage finally broke above 50% full towards the end of last week.

The state’s new notice to BlueCrest, signed in May by Commissioner John Boyle, gives the company until Aug. 21 to show proof that it’s secured investment to drill a $55 million new oil well ...

Oil production rose 6% year over year to 457,000 barrels, while natural gas output skyrocketed 106.6% to 2.39 billion cubic feet. NGL production also soared 120.4% to 454,000 barrels.

Expand Energy is expected to deliver its second-quarter results in the upcoming month, and analysts expect a significant ...

But building an offshore platform to access the gas would cost some $350 million. One of the other small companies operating in Cook Inlet, HEX, has moved ahead with gas drilling in each of the ...