Tuesday, 6 May 2025

Focus on Expand Energy

The combination of Chesapeake Energy and Southwestern Energy has officially closed creating Expand Energy, the USA’s largest natural gas producer and a top producer globally. (Source: company LinkedIn profile)

FILE PHOTO: A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsTransmissionUtilities

Chesapeake Energy posts quarterly loss on output drop, lower gas prices

Chesapeake Energy reported a Q2 loss of $227M due to weak natural gas prices and reduced production amid falling demand.

FILE PHOTO: A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.  REUTERS/Angus Mordant/File Photo
AnalysisElectricityIndustryNatural GasNews

AI boom to fuel natural gas demand in coming years: analysis

A spike in power usage from artificial intelligence data centers could significantly boost natural gas demand in the second half of the decade:...

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