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US Natural Gas Drillers Expect To Increase Output Next Year
US natural gas drillers to lift 2025 output, reversing year of cuts
U.S. natural gas producers will boost output in 2025 following a series of production cuts this year, as rising demand from liquefied natural gas export plants is expected to increase prices that had fallen to multi-decade lows.
US Natural Gas Drillers Expect To Increase Output Next Year: Report
But rising demand for exports is expected to boost average annual gas prices in 2025 by more than 40% over 2024 levels, Reuters reported. It said the EIA projects annual average dry gas production will climb from 103.3 billion cubic feet per day (bcfd) in 2024 to 104.5 bcfd in 2025.
U.S. natural gas drillers to boost 2025 output to meet demand for exports
To meet growing export demand, several of the biggest U.S. gas producers said in their third-quarter earnings that they expect to boost output in the fourth quarter and throughout 2025.
19h
Egypt Reviewing LNG Import Needs as Domestic Power Demand Dips
Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs ...
E&E
2d
DOE study may conclude LNG worse for climate than coal, lobbyists say
The long-awaited study on the climate effects of liquefied natural gas could be released next week, according to people familiar with the process.
Upstream
4h
Wison delivers Eni’s Congo FLNG, first gas on track for 2025
Chinese floating gas production specialist Wison New Energies has launched and christened the newbuild floating liquefied ...
2d
Zachry prevails in getting $1.3B lawsuit over 2022 explosion at LNG facility dismissed
The San Antonio-based company says the ruling is another “significant development” in its efforts to emerge from bankruptcy ...
Daily Sabah
18h
Experts highlight Türkiye's prominence amid changing global gas market
Several experts recently evaluated Türkiye's growing role as a gas hub and the country's push to curb dependency on foreign ...
3d
7 US Natural Gas Stocks To Watch As Henry Hub Prices Surge 50% In November
Natural gas prices surge 50% to $3.40/MMBtu, highest in over a year due to colder weather, geopolitical tensions, and export ...
2d
Why is the Coal-to-Gas Transition a Boon for LNG, CVX & SHEL?
As natural gas must be cooled to shrink its volume so it can be stored and shipped worldwide, LNG, CVX & SHEL are well-positioned to gain.
Anadolu Ajansi
1d
Experts highlight Türkiye's prominence as global gas market undergoes transformation
The global natural gas market is undergoing a significant transformation, Gergely Molnar, an analyst at the International ...
Daily Post Nigeria on MSN
2d
Supreme Court dismisses suit seeking to compel Federal Government’s disclosure of gas earnings
The Supreme Court has thrown out suit by the 36 state governments seeking to compel the Federal Government to account for its ...
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