
EIA: Decline in natural gas price drove decrease in US oil producer revenue in early 2024
The US Energy Information Administration reports that cash from operations in 1Q24 has decreased due to lower natural gas prices.
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The US Energy Information Administration reports that cash from operations in 1Q24 has decreased due to lower natural gas prices.

In this special bonus episode from Gastech 2024, Mike Logue and Brandon Stambaugh from Owens Corning® join us to talk about designing insulating systems that offer solutions for extreme conditions.

The addendum is for the Azeri-Chirag fields and the deepwater portion of the Gunashli field (ACG) in the Azerbaijan sector of the Caspian Sea.

With methane emissions at near record levels, the IEA, UNEP and EDF have unveiled a new framework to report progress in reducing emissions by oil and gas companies.

Empire Petroleum Corporation has fixed the close of business on 30 September 2024 as the record date for a proposed subscription rights offering.

China National Offshore Oil Corporation (CNOOC) has announced the commencement of production at the Liuhua 11-1/4-1 oilfield secondary development project.

Saudi Arabia exported 5.7 million bbl/d of oil in July, the lowest level since August 2023, official data has revealed.

The US will continue to supply natural gas to North-West Europe as the region continues its decarbonisation efforts.

Initial development of Unit 1B formally approved and on track for 1Q25. Export of initial oil cargo on track for end of 2024.

Woodside Energy will contribute US$50 000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine.

US gas company Chesapeake Energy's acquisition of Southwestern Energy is now expected to close early in 4Q24, Reuters cited the company’s CEO Nick Dell'Osso as saying.

The US Energy Information Administration (EIA) does not directly survey petroleum consumption; instead, it calculates a similar concept called product supplied from its surveys that span the US petroleum industry. Although it uses petroleum product supplied interchangeably with petroleum consumption, the two are not identical.