European natural gas prices gave up last week’s gains on Monday, despite an unplanned outage at a top field in Norway and ongoing conflict in the Middle East. Norwegian natural gas exports to the continent were nominated at 286 million cubic meters (MMcm) on Monday, down from recent levels of 340 MMcm/d due to unplanned…
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Equinor Finds More Oil, Natural Gas in North Sea’s Mature Fields
Equinor ASA said Friday it has made yet another oil and natural gas discovery in the northern part of the North Sea, building on efforts to maintain strong production for Europe in the years ahead as the continent continues to wean itself off Russian supplies. The new discovery in the company’s Troll/Fram area comes in…
August 21, 2023
Futures Troll Lower in Search of Support
Taking its cue from the crude oil pit on the New York Mercantile Exchange, the May natural gas futures contract on Wednesday looked to further test support, dropping another 4.4 cents to close at $5.744. It was the second straight day of losses for gas and oil futures.
April 15, 2004
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