US energy outlook for July forecasts rise in LNG exports and Henry Hub as well as Brent crude prices to 2025
The US Government forecasts increases in liquefied natural gas exports as well as higher benchmark Henry Hub natural gas prices and a rise in the Brent crude oil price in early 2025, while outlining working gas storage expectations at end of injection season.
Chesapeake Energy advances with Southwestern acquisition as quarterly earnings hit by weak market dynamics
Chesapeake Energy Corp., the US natural gas producer with LNG interests and currently completing a merger with Southwestern Energy to create one of America’s biggest natural gas companies, reported a slump in profits and revenues in the first quarter, citing weak market dynamics.
Tellurian resumes drilling in Haynesville Shale in Louisiana with revised supply strategy for LNG project
Tellurian Inc., the developer of the US Driftwood LNG export plant proposed for Lake Charles in Louisiana, has resumed natural gas drilling in the Haynesville Shale basin in the north of the Gulf Coast state and could acquire more acreage.
