The Oklahoma E&P signed two new gas supply agreements — with an LNG producer and a power plant — to diversify the markets for its Permian Basin gas.
Persistent weakness in Permian Basin gas prices has producers in the vast Texas/New Mexico play looking for ways to reduce their exposure. For Devon Energy, that means signing new supply agreements with an LNG exporter and a proposed power plant in Texas.
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The UK's falling domestic gas production will tighten the supply-demand picture this winter, deepening dependence on LNG imports.
US independents ConocoPhillips and EQT are among those snapping up LNG volumes ahead of a predicted oversupply in the coming…
The Australian independent expects world LNG demand to grow 50% in the coming decade.
The Natural Gas Supply Association said oil-driven activity will deliver associated gas into a market that needs it to meet…
Mexico has issued $12 billion in new notes to reduce Pemex's massive debt pile, meantime the NOC hopes new partners can help…
This deal is the largest tie-up in the U.S. shale industry since Diamondback acquired Endeavor Energy Resources for about $26…
