Prices Rally on Bullish Storage Release

[contextly_auto_sidebar] Natural gas storage inventories increased 55 Bcf for the week ending August 2, according to the EIA’s weekly report. This is below the market expectation, which was an injection of 61 Bcf. Working gas storage inventories now sit at 2.689 Tcf, which is 343 Bcf above inventories from the same time last year and […]

TETCO Explosion Causes Price Rally, Bearish Inventory Release Counters

[contextly_auto_sidebar] Natural gas storage inventories increased 65 Bcf for the week ending July 26, according to the EIA’s weekly report. This is slightly above the market expectation, which was an injection of 60 Bcf. Working gas storage inventories now sit at 2.634 Tcf, which is 334 Bcf above inventories from the same time last year […]

ConocoPhillips Buys into Vaca Muerta

What You Need to Know On July 25, 2019, Neuquen province governor, Omar Gutierrez, confirmed the arrival of ConocoPhillips into Vaca Muerta development in the Bandurria Norte and Aguada Federal blocks, both operated by the German company Wintershall Dea. Wintershall announced it has signed a sales and purchase agreement with ConocoPhillips where Wintershall will continue […]

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