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Naturalgas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where naturalgas is found, both on a global scale and right here in the U.S. NaturalGas in the U.S.
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TotalEnergies expects lower earnings in its upstream and LNG divisions for the second quarter amid a drop in oil, naturalgas, and LNG prices compared to early this year and the same time last year.
Image by Natalya Bosyak via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, offered an explanation for the August naturalgas contract price drop on Monday, which the report highlighted came in at 6.7 “The August contract dropped 24.0
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Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
(World Oil) – The methane intensity of oil and gasproduction in the Permian basin—an area responsible for half of U.S. World Oil) – The methane intensity of oil and gasproduction in the Permian basin—an area responsible for half of U.S. To put the numbers into perspective, the 28.8
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major naturalgas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. The country aims to boost its current oilproduction of about 1.1
In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of naturalgas. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gasproduction.
(World Oil) – bp Plc and Shell Plc signed agreements with Libya’s National Oil Corp (NOC) to study new opportunities, joining international majors accelerating their return to the oil-rich African nation. Libya is currently running its first tender for energy exploration contracts since the 2011 civil war.
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(Oil Price) – In a major U-turn in energy policy, Mexico has unveiled a 10-year plan to reverse a years-long decline in oil and gasproduction by tapping more unconventional resources through fracking. naturalgas, mostly via pipelines, have jumped thanks to new pipelines built between the U.S.
Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Conventional oil wells drill straight down into the earth, like a straw going into the ground. A vertical well might only intersect a few feet of that productive layer.
(Oil Price) – Despite the slide in oil prices in the second quarter, ExxonMobil ( NYSE: XOM ) reported on Friday earnings that exceeded analyst estimates on the back of increased oil and gasproduction in the U.S. Exxon’s second-quarter net production was 4.6 Permian shale basin and offshore Guyana.
(World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. In May, Texas energy producers paid $411 million in oilproduction taxes, according to the Texas comptroller’s office.
percent stake during the exploration and appraisal phases. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law. square miles) onshore Algeria. square miles) onshore Algeria. square miles) onshore Algeria. State-owned QatarEnergy also owns 24.5
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(BOE Report) – LONDON, July 18 – The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime assets heats up. shale producer Pioneer Natural Resources for $60 billion. energy sector.
(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025.
Brent Crude $78.03 +1.73% NaturalGas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The two exploration wells will be tied into the company’s existing onshore infrastructure as part of the West Nile Delta (WND) Gas Development project.
The journey of naturalgas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. Today, let’s explore how naturalgas dehydrators have transformed over the years, from their nascent stages to the sophisticated systems we see today.
The meeting addressed the state’s efforts to secure citizens’ needs for petroleum products and provide naturalgas to various state sectors, especially the electricity sector. Discussions also covered updates on exploration activities and added petroleum reserves.
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Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
Skip to content Oil & GasExploration & Production (E&P) Crude OilNaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. The combined consideration for both transactions is approximately $1.3
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(Oil & Gas 360) – Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Amplify intends to become more oil-weighted, reduce debt, lower operating costs, and streamline the organization. Register to attend.
Another optionâcarbon-capture technology added to naturalgas plantsâfaces challenges in becoming cost-competitive. These approaches typically dig deeper and through harder rock than where most oil and gas drilling occurs, so drilling for next-generation geothermal is currently more expensive than for traditional oil and gas.
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NaturalGas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? NaturalGas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? million stock tank barrels.
Senate proposed amendments to the One, Big, Beautiful Bill, increasing the 45Q tax credit for CO 2 enhanced oil recovery (EOR) from $60 to $85/tonne, matching the rate for permanent sequestration. Raising the tax credit to $85/tonne lowers production breakeven prices and renders EOR viable across a greater range of oil price scenarios.
Prime Minister Mohammed Shia Al-Sudani received Richard Howe, Executive Vice President of Shell , on Thursday to discuss expanding cooperation in Iraq's energy sector and exploring further investment opportunities.
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million barrels of oil equivalent. million barrels of oil equivalent. Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. million standard cubic meters of oil equivalent (approximately 30.8
Register to attend. (World Oil) – Diversified Energy Company PLC, a leading publicly traded naturalgas and liquids production company, and global investment firm Carlyle have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) naturalgas and oil assets across the U.S.
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