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2015-12-01 19:55:00

U.S. CHALLENGING TIMES

U.S. CHALLENGING TIMES

"Lower for longer" are the words being used to describe the oil and natural gas economic outlook for 2016, creating another whack at West Virginia's energy sector.

U.S. natural gas production could decline in 2016 for the first time in a decade, driven by low oil prices after 10 years of gangbusters growth from shale plays.

To understand the decline in the shale market, look no further than the north-central part of West Virginia. The U.S. Energy Information Administration says production in that fast-growing field will decline primarily because of depressed gas prices.

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Tags: USA, OIL, GAS, PRODUCTION, CONSUMPTION, PRICES
Chronicle:
U.S. CHALLENGING TIMES
2019, July, 20, 12:50:00
U.S. GAS PRICES DOWN TO $2.37 MMBTU
the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.
U.S. CHALLENGING TIMES
2019, July, 20, 12:45:00
RUSSIA'S NUCLEAR COMPETITIVENESS
Russia's nuclear power sector "continues to benefit" from supportive government policy, in contrast to "tighter restrictions" in Western Europe owing to environmental concerns and growing competition from renewables, S&P Global Ratings says in a report published
U.S. CHALLENGING TIMES
2019, July, 20, 12:40:00
ADVANCED U.S. NUCLEAR
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
U.S. CHALLENGING TIMES
2019, July, 20, 12:35:00
NORWAY'S PRODUCTION 1.4 MBD
Preliminary production figures for June 2019 show an average daily production of 1 409 000 barrels of oil, NGL and condensate, which is a decrease of 184 000 barrels per day compared to May.
U.S. CHALLENGING TIMES
2019, July, 20, 12:30:00
U.S. URANIUM IMPORTS
A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.
U.S. CHALLENGING TIMES
2019, July, 20, 12:25:00
ARGENTINA'S GAS PRODUCTION UP
U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.
U.S. CHALLENGING TIMES
2019, July, 20, 12:20:00
AUSTRALIA'S LNG EXPORT UP TO 11.4 BCFD
First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.
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