Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Mitsubishi announces $7.5 deal to increase Texas oil-and-gas presence
Mitsubishi purchased the assets for $5.2 billion and will take on an additional $2.3 billion in Aethon debt. The assets are primarily located in the Haynesville Shale formation, which encompasses a large swath of land in Northeast Texas and Northwest Louisiana. This area also allows for easy pipeline access to both the Galveston and Corpus Christi areas to the southwest and the Louisiana Gulf to the southeast.
Trump’s embrace of oil industry is turning into an awkward grip
President Donald Trump has lavished the U.S. oil industry with favourable policies since returning to the White House, but his twin demands for cheap oil and “energy dominance” are increasingly colliding with companies’ bottom lines.
Curious Minds Corner
Can natural gas be frozen?
Yes — when cooled to about –162 °C (–260 °F), natural gas becomes liquefied natural gas (LNG), reducing its volume by about 600 times.