Archives for April 2018
U.S. Energy Department forecasts higher summer gas prices
The U.S. Department of Energy projects that higher crude oil prices will push the average cost of gasoline this summer to $2.74 a gallon, topping last summer’s average by 32 cents during what’s expected to...
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Is the Eagle Ford about to get a boost?
U.S. oil and gas producers expect their borrowing ability to increase over the next few months leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas, a survey said. Source:...
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U.S. saw record natural gas production in 2017
U.S. natural gas production reached record levels last year, according to the U.S. Department of Energy, an increase that substantially boosted exports even as Texas, the largest gas-producing state, lost some of its momentum. Source:...
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Abu Dhabi, for first time, seeks partners to develop oil, gas fields
Abu Dhabi National Oil Co. will issue its first competitive tender for partners to explore for and develop oil and natural gas as the government-owned producer seeks new ways to increase production in the United...
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China' largest gas importer sees improved ties with U.S. producers
Source: FuelFix
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