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U.S. Natural Gas Consumption Sets New Records

OilPrice

natural gas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of natural gas in the global energy mix. Record-Breaking Natural Gas Consumption and Production According to the latest EIA data,

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More Natural Gas-Fired Plants Planned to Support Ohio Data Centers

POWER Magazine

An Ohio town known as a hub for the burgeoning data center industry may soon have one or more new natural gas-fired power plants to support the area's need for energy. The post More Natural Gas-Fired Plants Planned to Support Ohio Data Centers appeared first on POWER Magazine.

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Iran Boosts Natural Gas Production at Huge South Pars Field

OilPrice

Iran is boosting natural gas production from Phase 11 of the giant South Pars field after bringing online a key new well, Iranian media reported on Tuesday. Thus, the total natural gas output at the giant South Pars field has reached 20 mcm/d.

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"Drill, Baby, Drill": Natural Gas Producers Eye a Boom

OilPrice

oil production continues, rallying natural gas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. natural gas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year. While the slowdown in U.S.

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Natural Gas Prices Reach Two-Year Highs As Geopolitical Tensions Rise

OilPrice

Natural gas prices recently soared to their highest levels in two years, driven by a combination of extreme weather, supply constraints, record liquefied natural gas (LNG) exports, and global demand pressures. This surge has significant implications for consumers, industries, and energy markets worldwide.

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U.S. Natural Gas Prices Drop 6% as WTI Oil Craters by Nearly 9%

OilPrice

natural gas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining less than the WTI Crude prices, which sank by more than 8% to hit a low of $61 per barrel. The benchmark price for U.S.

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Spanish Group Injecting Hydrogen Into Natural Gas Network

POWER Magazine

Madrid-headquartered Redexis announced has begun injecting hydrogen produced with renewable energy into the country’s natural […] The post Spanish Group Injecting Hydrogen Into Natural Gas Network appeared first on POWER Magazine.