Marcellus Drilling News

JULY 30, 2025

In December 2022, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both subsidiaries of PPL Corporation, announced a plan to replace 1,500 megawatts of aging coal-fired generation (nearly one-third of Kentucky’s coal fleet) with two 645-MW natural gas combined-cycle units along with several unreliable, intermittent (..)

Gas

OilPrice

JULY 31, 2025

liquefied natural gas—part of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 AggregateEU program, which coordinated gas purchases following Russia’s invasion of Ukraine. A Commission spokesperson said a U.S.

Natural Gas

Oil & Gas 360º

JUNE 13, 2025

(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters.

Gas

Marcellus Shale Coalition

JUNE 23, 2025

communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s natural gas impact fee, the state’s tax on natural gas development, generated $164.5 Natural gas development remains a key economic driver in Pennsylvania. Nearly $3 billion generated for Pa.

Natural Gas

American Gas Association

JUNE 17, 2025

Natural gas utilities are well equipped to rise to the occasion and our nation boasts more than 100 years of recoverable natural gas supply to meet rising demand. During peak demand (often in the harsh winters), natural gas can supply as much as 81% of the energy consumed in the Northeast.

Natural Gas

Rigzone

JULY 7, 2025

Image by Yutthana Gaetgeaw via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top natural gas producer last year was the United States. exajoules of natural gas in 2024, which represented a yearly reduction of 0.3 produced 37.19

Natural Gas

Rigzone

JULY 8, 2025

Image by Midnight Studio via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top natural gas consumer in 2024 was the United States. exajoules of natural gas last year, which represented a 1.3 natural gas demand was 26.00

Natural Gas

Marcellus Shale Coalition

JULY 7, 2025

The $165 million generated by Pennsylvania’s natural gas impact tax in 2024 demonstrates yet another way the state’s energy abundance is a win for residents and the Commonwealth. The natural gas impact fee provides critical financial support to communities across Pennsylvania. Bradford Era: Annual Pa.

Gas

Oil & Gas 360º

JULY 16, 2025

Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. Natural gas is the second-largest source of U.S. Natural gas was once considered a waste byproduct of crude oil production but now has become a common energy source for heating and electricity generation. In 2022, U.S.

Energy

Oil & Gas 360º

JULY 24, 2025

Power output from coal and natural gas fell by 2% each, also due to some weakness in industrial activity. natural gas prices were significantly higher in the first half of the year, compared to the multi-year lows from early 2024, U.S. power generation from gas-fired power plants declined by 4%.

Natural Gas

Permian Basin Oil and Gas Magazine

AUGUST 1, 2025

This builds on a strong performance in 2023, when energy M&A deals reached $52 billion, an increase of over 50 percent from 2022. The natural gas subsector is leading this growth, accounting for nearly 60 percent of all completed deals and over 70 percent of total transaction volume since 2022 (see chart).

Energy

Oil & Gas 360º

JULY 1, 2025

(BOE Report) – Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11

Natural Gas

RBN Energy

JUNE 16, 2025

The European Union (EU) has had to rethink and reconfigure major elements of its policies around natural gas since Russia’s invasion of Ukraine in February 2022.

Natural Gas

Oil & Gas 360º

JULY 31, 2025

liquefied natural gas, as part of its efforts to reach a pledge to buy $250 billion in U.S. AggregateEU” is the EU’s scheme to pool companies’ demand for gas, which it launched in 2022 to attempt to replace Russian fuel with alternative supplies in response to the Ukraine war. energy per year, it said on Thursday.

Gas

RBN Energy

JULY 16, 2025

The European Union (EU) has taken a number of steps in recent years to end its reliance on Russian natural gas, which accounted for nearly half of the bloc’s supplies before the 2022 invasion of Ukraine. the EU’s policy shifts have also introduced greater uncertainty around demand.

Gas

Energy Outlook Advisors

JUNE 8, 2025

June 8, 2025 Europe’s energy landscape is transforming as the continent reduces its reliance on imported natural gas. Following Russia’s 2022 invasion of Ukraine, the EU accelerated efforts to diversify gas supplies, launching the REPowerEU plan to phase out fossil fuels and other plans to reduce imports form Russia.

Gas

BOE Report

JULY 24, 2025

New analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, July 24, 2025 /PRNewswire/ — The methane intensity of oil and gas production in the Permian Basin—an area responsible for half of U.S.

Basin

Daily Energy Report

JULY 30, 2025

Subscribe now Related News S&P Global: Brazil’s Petrobras Plans to Reduce Natural Gas Prices to Distributors by 14% on Quarter Summary Petrobras will cut natural gas prices to distributors by 14% starting August 1, citing lower oil prices and rising offshore output.

Energy

Rextag

JUNE 10, 2025

Volumes have nearly tripled since July 2022, reaching 136 Mb/d by March 2025, driven largely by EAP and a few other producers. EOG’s own wells in the Utica have reported IP30 rates of 1,425 to 3,250 boe/d, with condensate/oil making up as much as 70% of total volumes.

Condensate

Oil & Gas Journal

JULY 25, 2025

Since 2022, natural gas markets have experienced a series of extremes, including both unusually high and low inventory levels, which contributed to elevated price volatility. At the end of first-quarter 2025, US Lower 48 natural gas storage volumes were 4% lower than the 5-year average. 24, 2025.

Natural Gas

Rextag

JUNE 14, 2025

s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.

Pipeline

Rigzone

JULY 29, 2025

“For the first time, a test shipment of gas is being delivered through the Transbalkan route along the Bulgaria-Romania-Ukraine corridor”, Naftogaz said in a statement online. “The latest agreement lifts EBRD finance for Naftogaz to EUR 770 million since 2022. billion ($224.63 billion each.

Gas

Rigzone

JUNE 5, 2025

billion) in dividends this year, down from 50 billion ringgit in 2022. Petronas wants to maintain its market share as one of the world’s top five liquefied natural gas suppliers, as it expects LNG demand to reach 600 million tons within the next decade. The company’s dividend has been falling.

Natural Gas

Rigzone

JUNE 10, 2025

The region increasingly depends on global flows after losing most of its Russian pipeline gas in 2022. With Norwegian production operating pretty much at full capacity, Europe still needs to secure supplies as it awaits the startup of additional liquefied natural gas export facilities in the US. billion ($7.2

Gas

Rextag

JULY 25, 2025

GW of cancellations, and nearly 2 GW of natural gas generation was also affected. At the state level, efforts are underway to support the expansion of natural gas capacity. In contrast, over 360 MW of natural gas capacity was retired. Solar projects saw 3.5

Energy

Valor

JULY 28, 2025

million bpd in 2025, and a 68% gas price hike will boost gas output to 105.9 Read more First-half 2025 natural gas price volatility down in U.S. natural gas price volatility declined in the first half of 2025, with quarterly volatility falling from a high of 81% in Q4 2024 to 69% by mid-2025, according to the EIA.

Royalty

McKinsey

JULY 10, 2025

HtA industries are sectors with high energy requirements that face significant challenges in reducing their carbon emissions due to the nature of their processes. Mtpa, COD 2022). 1 Indirect and induced gross value added (GVA) or employment are not considered, though they would amplify these industries’ impact on the economy.

Transportation

Oil Gas Leads

JULY 7, 2025

This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward natural gas. The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Producers may be pivoting to gas due to: Stronger gas prices.

Oil

Rigzone

JUNE 19, 2025

The Directorate noted that an attempt was also made to delineate the discovery in 2022 with well 6507/5-11, which turned up dry. million barrels of oil equivalent. Additional potential volumes exist in the lower Are Formation and Upper Grey Beds. Licensees will now analyze the data to assess a possible development.

Oil

CNBC: Energy

JUNE 21, 2025

Prices have already risen faster than the broad inflation rate since 2022, it said. The EIA expects average retail electricity prices to increase 13% from 2022 through 2025. has moved away from fossil fuels like coal, oil and natural gas to reduce planet-warming greenhouse-gas emissions. Morgan Private Bank.

Finance

Rigzone

JULY 16, 2025

Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Egypt's EGAS Leases Another FSRU from New Fortress Energy by Jov Onsat | Rigzone Staff | Wednesday, July 16, 2025 | 7:29 AM EST State-owned EGAS contracted a second floating storage and regasification unit from New Fortress Energy for five years.

Energy

Rigzone

AUGUST 4, 2025

This would be due to the growth of renewable energy rather than an increase in liquefied natural gas (LNG) imports, the Institute for Energy Economics and Financial Analysis (IEEFA) said. percent rebound in 2024, natural gas generation remained less than in every year between 2007 and 2021”, it said.

Natural Gas

Rigzone

JULY 30, 2025

has signed an agreement with German power and gas utility Uniper SE for an eight-year supply of natural gas totaling 234 billion cubic feet (Bcf). has signed an agreement with German power and gas utility Uniper SE for an eight-year supply of natural gas totaling 234 billion cubic feet (Bcf).

BCF

CNBC: Energy

JULY 31, 2025

The results come shortly after the London-listed firm flagged weaker trading results at its integrated gas division. The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Shares of Shell rose 3.3% during early morning deals.

Oil

Rigzone

JULY 2, 2025

Summer had been licensed to operate from 1982 to 2022. million homes and businesses in Virginia, North Carolina and South Carolina, as well as regulated natural gas service to 500,000 customers in South Carolina - filed a letter of intention in December 2023 on the potential license extension of two other nuclear units.

Operator

Oil & Gas Journal

JULY 29, 2025

Natural gas production from the Bass Strait assets is 100% dedicated to the Australian domestic market and currently supplies about 40% of Australian east coast domestic gas demand. 22, 2021 About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal.

Exploration and Production

Oil Gas Leads

JUNE 11, 2025

MBOE/d (24% oil, 52% natural gas, 24% NGL), generating $241 million in revenue for the quarter. Notably, the Anadarko production mix is heavily natural gas and NGLs , with only on the order of 14–16% oil – reflecting the liquids-rich gas character of the STACK’s Woodford/Meramec formations.

Operator