Phil Hodge, founder, president and CEO of Pine Cliff Energy, talks to The Energy Year about the company’s near-term drilling plans and how the rise of LNG and data centres is reshaping gas markets in Western Canada. Pine Cliff Energy is an oil and gas E&P company focused on natural-gas-weighted, low-decline assets in Western Canada. […]
Germany is planning to allocate €1.5 billion to establish a strategic natural gas reserve with a capacity of 2.3 billion cubic meters, AzerNEWS reports, citing Reuters.
Zephyr Energy has advanced its Paradox basin development in Utah after completing a key pipeline integrity assessment that clears the way for the regulatory approvals needed to begin exporting natural gas from the project.
Russia would be ready to keep supplying natural gas to Europe if there are any volumes left from increased exports to other markets, Kremlin spokesman Dmitry Peskov told Russian media on Sunday.
he government has notified the Petroleum and Natural Gas Rules, 2025, introducing a modern regulatory framework designed to draw higher investment into India’s oil and gas sector and improve ease of doing business. Issued under the recently enacted Oilfields (Regulation and Development) Amendment Act, 2025, the rules overhaul the licensing regime and replace the older system of multiple permissions with a single petroleum lease for exploration, development and production of all hydrocarbons, including shale.
The conduit is set to be the costliest since the $7.85 billion Mountain Valley Pipeline announced in 2014, said Oren Pilant, an analyst at East Daley Analytics. Energy Transfer is evaluating more than doubling the capacity of the project amid stronger-than-expected interest from prospective clients, Co-Chief Executive Officer Tom Long said during a conference call late Wednesday.
U.S. natural gas futures fell for a third consecutive session on Wednesday, hitting its lowest intraday level since late April, as new weather forecasts indicate a much cooler weather pattern unfolding across the Lower 48 for the beginning of August.
The oilfield services and energy technology major struck a more upbeat note in its second-quarter report than it did in the report for the first quarter of the year. At the time, Baker Hughes, like many others, was concerned about the impact of President Trump’s trade policies on the business. Now, it appears the worst of the dangers related to tariffs has been averted or at least delayed.
Four months after scrapping the fuel subsidies, Tinubu established the Presidential Compressed Natural Gas Initiative (PCNGI) to drive CNG adoption and ease Nigeria into a cleaner energy era. Experts say mass adoption of CNG will reduce greenhouse gas emissions, improve air quality and cut maintenance costs.
“The May contract rolled off the board at $3.170 yesterday as natural gas buyers awakened from a month-long slumber,” Rubin noted in the report, which highlighted that the June natural gas contract closed at $3.343 per million British thermal units (MMBtu) on Monday. That close was up 22.9 cents, the report pointed out.