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Natural Gas Demand Projected to Surpass Oil by 2032

2021-09-02 11:13:58| OGI

Coal demand will fall 62% by 2050 but the energy transition is moving too slowly to achieve the goal of slowing global warming sufficiently, DNV forecasts.

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Pioneer Natural Resources Posts Second-quarter Profit on Oil Price Boost

2021-08-02 22:34:42| OGI

The companys quarterly production averaged at 629,468 barrels of oil equivalent per day (boe/d), higher than 473,937 boe/d in the previous quarter.

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Oil Drillers, Bitcoin Miners Bond over Natural Gas

2021-05-21 18:37:37| OGI

The miners are increasingly sending these rigs out to oil fields because its one of the cheapest ways to obtain the energy they need.

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Oil and Gas Investor Eagle Ford Natural Gas: Texas Gas to Mexico

2021-04-08 10:00:00| OGI

While U.S. natural gas demand was mostly flat in 2020, Mexicos grew. And it came from Texas. The outlook is that Mexico will be ordering more, including from the Eagle Fords underdeveloped gas fairway.

Tags: natural mexico texas gas

 

Porter to Target Big Oil as House Natural Resources Chair

2021-03-04 15:59:49| OGI

Congresswoman wants to increase royalty rate to 18.75%, and minimum lease auction bids to $5 per acre.

Tags: house big resources natural

 

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