Supplies

Mexico’s national oil company Petróleos Mexicanos (Pemex) expects crude oil production growth to come mainly from well completions and workovers in 2019, according to a report by think tank Pulso Energético.

Motivation for Canadian producers to break into global trade in liquefied natural gas (LNG) will stay strong for generations to come, according to new evidence presented to the National Energy Board (NEB).

A decline in U.S. natural gas is a sure thing in 2016, but it won’t fade as much as some are predicting because of the Appalachian behemoth, Raymond James & Associates said Monday.

Moving in the same direction as federal regulators about Bakken Shale crude oil transport, the North Dakota Industrial Commission (IC) on Tuesday adopted regulations requiring all of the state’s oil supplies to be conditioned.

Shadowing recent federal data on drought-driven upswings in the use of natural gas for power generation, the California Energy Commission (CEC) crunched some of its own statistics and found that the shift to gas preceded both the three-year drought and the closure of the San Onofre Nuclear Generating Station (SONGS) last year.

Last winter’s propane crisis, which involved shortages of the heating fuel in the Midwest and Northeast, might have been avoided, and there are steps that can be taken to lessen the chance of future shortages, witnesses said in testimony before the Senate Energy and Natural Resources Committee in Washington, DC, Thursday.

As state and federal officials last week were assessing the potential for the drought to impact hydroelectric power this summer, California Independent System Operator (CAISO) on Thursday issued a conservation alert because of a shortage of natural gas supplies that underpin much of the state’s power generation.

The rig count may be half of what it was a year ago, but Northeast dry gas output just keeps getting stronger, say analysts.

Five years ago utility National Fuel Gas Distribution Corp. put in place a long-term strategy to supply Pennsylvania and New York natural gas utility customers with gas from long-haul pipelines from the Gulf Coast. The Marcellus Shale has since sent that strategy out the window.