With social distancing orders in place across the world amid the coronavirus pandemic, innovation has been at the forefront of the latest relief efforts by the oil and natural gas industry to assist communities in need.
Topic / Coronavirus
SubscribeCoronavirus
Articles from Coronavirus
NGI The Weekly Gas Market Report
Natural Gas, Oil Industry’s Philanthropic Efforts Unwavering Despite Tightening Restrictions from Coronavirus
With social distancing orders in place across the world amid the coronavirus pandemic, innovation has been at the forefront of the latest relief efforts by the oil and natural gas industry to assist communities in need.
NGI The Weekly Gas Market Report
Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector
Covid-19 is continuing to cast its dark shadow across the energy sector, as more layoffs are announced and further reductions to capital spending marred the end to the first quarter.
NGI The Weekly Gas Market Report
Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector
Covid-19 is continuing to cast its dark shadow across the energy sector, as more layoffs are announced and further reductions to capital spending marred the end to the first quarter.
Virus Worries Weighing on Front of Natural Gas Curve as Rig Counts Signal Future Supply Cuts
See-saw price action continued in the natural gas futures market Tuesday, with the prompt month relinquishing overnight gains as mild weather and Covid-19 demand destruction weighed down the front of the curve. The May Nymex contract traded as high as $1.731/MMBtu but went on to settle at $1.640, down 5.0 cents.
Virus Worries Weighing on Front of Natural Gas Curve as Rig Counts Signal Future Supply Cuts
See-saw price action continued in the natural gas futures market Tuesday, with the prompt month relinquishing overnight gains as mild weather and Covid-19 demand destruction weighed down the front of the curve. The May Nymex contract traded as high as $1.731/MMBtu but went on to settle at $1.640, down 5.0 cents.
Weekend Forecasts Warmer; ‘Bleak Developments’ for Virus Keep Pressure on Natural Gas
A large warmer shift in the weekend forecasts, along with continued escalation of the coronavirus pandemic in the United States, kept the pressure on natural gas futures in early trading Monday. The May Nymex contract was down 3.8 cents to $1.633/MMBtu at around 8:45 a.m. ET.
FERC, NARUC Urge States to Designate Utility Workers ‘Essential’ During Pandemic
In the first move of their partnership to ensure power services during the ongoing coronavirus pandemic, FERC and the National Association of Regulatory Utility Commissioners (NARUC) are urging state authorities to designate utility workers as essential to the nation’s critical infrastructure.
Devon Cuts Spend, Defers in Eagle Ford; Coronavirus Upends Global E&P Activity
With the outlook for oil and natural gas demand dimming because of the restrictions imposed by Covid-19, global capital spending may fall by 17% year/year with the Lower 48 producers taking the brunt.
NGI The Weekly Gas Market Report
Global E&P Spend Seen Plunging by Double-Digits as Pandemic Chokes Activity; Devon Cutting Capex Again
With the outlook for oil and natural gas demand dimming because of the restrictions imposed by Covid-19, global capital spending may fall by 17% year/year with the Lower 48 producers taking the brunt.