According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in natural gas prices over a nine-month period.
Venezuela Plans To Issue LNG Export Licenses To European MajorsONEOK And Magellan Merger To Create $60-Billion Pipeline GiantNewcrest Agrees To Newmont’s $17.8 Billion Takeover BidJustice For NordStream Attack? Highly UnlikelyShell Suspends Production At The World’s Largest Floating LNG FacilityU.S. Could Start Buying Oil To Refill SPR As Early As JuneU.S.
Coal Capacity Set To Drop Dramatically By 2050Iraq Asks Turkey To Resume Oil FlowsSaudi Aramco Pushes Back IPO For $30B Energy Trading UnitFrance’s Top Bank To Stop Funding New Oil And Gas FieldsNigeria’s Oil Output Is 1 Million Bpd Lower Than Its CapacityU.S.
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