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New methanol plants expected to increase industrial natural gas use through 2020

10 hours ago DieselGasoil Comments Off on New methanol plants expected to increase industrial natural gas use through 2020
February 21, 2019 Source: U.S. Energy Information Administration, based on data from S&P Platts New methanol plants under development in the United States are increasing natural gas consumption in the industrial sector. Methanol plants are among the most natural gas-intensive industrial end users and require natural gas both as a feedstock and for process heat. Read More

Noble Energy announces 2018 results, provides 2019 guidance

2 days ago DieselGasoil Comments Off on Noble Energy announces 2018 results, provides 2019 guidance
2/19/2019 Photo: Noble Energy Chairman and CEO Dave Stover. HOUSTON — Noble Energy, Inc. has announced fourth quarter and full-year 2018 financial and operating results. In addition, the company will be focused on delivering sustainable organic free cash flow in 2020 and beyond. Fourth quarter highlights  Organic capital expenditures funded by Noble Energy totaled $643 Read More

National Fuel Reports First Quarter Earnings

3 weeks ago DieselGasoil Comments Off on National Fuel Reports First Quarter Earnings
WILLIAMSVILLE, N.Y., Jan. 31, 2019 (GLOBE NEWSWIRE) — National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) today announced consolidated results for the first quarter of its 2019 fiscal year. FISCAL 2019 FIRST QUARTER SUMMARY GAAP earnings of $102.7 million, or $1.18 per share, compared to $198.7 million, or $2.30 per share, in the Read More

Chaparral Energy Announces Additions to Senior Leadership Team

3 weeks ago DieselGasoil Comments Off on Chaparral Energy Announces Additions to Senior Leadership Team
OKLAHOMA CITY, Jan. 29, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced several additions to the company’s senior leadership team, which it has made during the last 18 months. Additions include: Mark Ver Hoeve as Vice President of Geoscience Josh Walker as Vice President of Completions and Operations Clint Calhoun as Vice Read More

In 2018, U.S. coal production declined as exports and Appalachian region prices rose

4 weeks ago DieselGasoil Comments Off on In 2018, U.S. coal production declined as exports and Appalachian region prices rose
January 25, 2019 EIA estimates that total 2018 U.S. coal production was 755 million short tons (MMst), 20 MMst less than in 2017 and 36% less than in the previous decade. In 2018, coal prices rose in three of the five major coal-producing regions, particularly the Northern and Central Appalachian regions. Although U.S. coal exports Read More

The natural gas crash isn’t over

1 month ago DieselGasoil Comments Off on The natural gas crash isn’t over
Natural gas prices have fallen sharply after spiking to multi-year highs in late 2018, and prices could fall further still. The US entered the peak winter demand season with gas inventories at a 15-year low, which left the natural gas markets vulnerable to unexpected bouts of cold weather. In November, Henry Hub natural gas prices jumped as Read More

Natural gas prices, production, consumption, and exports increased in 2018

2 months ago DieselGasoil Comments Off on Natural gas prices, production, consumption, and exports increased in 2018
January 7, 2019 In 2018, the average annual Henry Hub natural gas spot price increased to $3.16 per million British thermal units (MMBtu), up 15 cents from the 2017 average. Prices increased gradually through much of the year, with significant price increases during October and November, before declining at the end of December. Growing U.S. Read More