Trending News: Trump Says US Could ‘Take the Oil’ in Hormuz PushOPEC Commits to Boost Output Once Hormuz ReopensIraq Scrambles to Stabilize Exports as Iran Grants PassageOil Market Weighs Early Signs of Potential De-EscalationFirst Western European Vessel Transits Hormuz Since War BeganCuba Frees 2,000 Prisoners Amid Oil Supply CrunchMediators Said to Seek Ceasefire as Trump Escalates Iran ThreatsTrump Threatens to Hit Iran Infrastructure on Tuesday if Strait Remains BlockedVision 2030: Why system alignment is critical to 2030 targetsUS Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold SoonMnSEIA, SEIA, And CCSA Criticize Minnesota’s Approval Of Xcel’s 200 MW Battery Program, Warning Of Risks To RatepayersVictron Energy Demonstrates Integrated Energy Solutions at Solar & Storage Live Africa 2026 in JohannesburgBrazil Advances Tangará Project: New Transformers And 500 kV Line Upgrade Boost Reliability In Maranhão And ParáSmarter Power, Brighter Africa: Pylontech Deepens Presence in South Africa with All-Scenario Solutions and Local Service CenterHD Hyundai Energy Solutions Secures $85 Million Module Supply Deal for U.S. Solar ProjectTrump Says US Can Take Strait of Hormuz With More Time, Take the Oil and Make a FortuneChina Sets 2029 Deadline to Shut Down Outdated Petrochemical PlantsIndia Passes on Iranian Oil as Sanctioned Tanker Redirects to ChinaIndia’s Russian Crude Imports Jump 90% in March After U.S. WaiverUAE’s Biggest Gas Plant Forced Offline for Second Time Since War BeganOil Giants Show Early Interest in US Gulf Deepwater Field StakeEurope Braces for Prolonged Energy Crisis as Supplies TightenJP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-MayCanada’s Synthetic Crude Soars 200% as War Chokes Diesel SupplyWhy Has the WTI Oil Price Surpassed Brent?Top Stories Of The Day: Cosmic PV Files ₹640 Cr IPO; Neuron Launches BESS Facility and More…OPEC+ Prepares Paper Oil Barrels While Exports StallOil Majors Eye U.S. Offshore Asset as Supply Crunch IntensifiesJapan’s JERA Cancels Long-Term LNG Deal With CommonwealthUS Utility-Scale Solar Developers Rush To Safe Harbor Massive Capacity Ahead Of Internal Revenue Service (IRS) And Policy DeadlinesBarro Alto Solar Complex Expands Its Capacity And Strengthens Renewable Generation In Brazil’s Electricity SectorMorro do Chapéu Project Reaches Key Milestone As 500 kV Medeiros Neto II–João Neiva 2 Line Begins OperationSonaura To Supply Albéa’s Scheßlitz Factory With Long-Term Solar Power Through New Private-Wire PPARussia Preparing to Send 2nd Oil Tanker to CubaLNG storage strategies swing into actionChina Directs Private Refiners to Maintain Fuel Output Even At A Loss40% of Russia’s Baltic Oil Export Capacity Offline as Gasoline Ban WidensUS Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on IranUS Regulators Grant California’s Last Nuclear Power Plant 20-Year Operating Life ExtensionUS Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes SaysUK Hosts 36-Country Summit to Reopen Strait of HormuzMicrosoft in Talks With Chevron, Engine No. 1 Over $7 Billion Texas Power PlantUS Not Engaged in Any Talks About New Oil Stocks Release, Official SaysBP Names Carol Howle as Deputy CEO, to Oversee Portfolio Review, StrategyTrump Speech Unleashes More Pain on US Consumers With $5 Gasoline, Record Diesel in SightAustralia Considers Emergency Powers to Protect Domestic Gas SupplyDOE’s Section 202(c) Emergency Orders Since May 2025: 43 and CountingArtemis II sets off on cryogenics-fuelled MoonshotOil Surges on Fears of Prolonged WarADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy FlowsIndia Accelerates Shift to Piped Gas as LPG Crisis DeepensIndia Waives Import Tax on Petrochemicals as War Roils Supply ChainsPulsar Helium appoints new President to advance Minnesota helium projectOil Is in the Middle of a Geopolitical Knife FightCairn Oil & Gas Begins Sourcing 25 MW Of Captive Renewable Hybrid Power Through Partnership With Serentica Renewables India Pvt. Ltd.Takeaways From Trump’s speech on IranOil Prices Jump Over 7% After Trump Says Attacks on Iran Will ContinueInvestor Reactions to Trump’s Speech on Iran WarTotalEnergies and Masdar form $2.2bn Asia renewables joint ventureTrump’s Renewed Iran Threats Drive Oil HigherVenezuela Oil Exports Top 1 Million Bpd in MarchWTI Jumps 51% in a Month on Iran War Supply ShockResonia Ltd. Wins Major Karnataka ISTS Project From The Karnataka Electricity Regulatory Commission (KERC) To Strengthen The Southern GridCCUS makes funding progress but barriers remainGlenfarne Group targets Q2 FID for Texas LNG as trading arm expandsAvangrid Foundation Celebrates Major Milestone As Employees Deliver 42,000 Volunteer Hours In 2025Neoen Advances 100 MW Ako Battery Storage Project, Strengthening Japan’s Grid Stability PushMixed Trends In Indian Green Energy Stocks Reflect Cautious Investor Sentiment On April 2Analysis: Stranded containers create global helium supply bottleneckAnalysis: Stranded containers create global helium supply bottleneckTrump Threatens to Escalate War, Says End Is Very CloseOil Falls 2% as Trump Says U.S. Will Exit Iran ‘Pretty Quickly’Traders Ramp Up Bearish Oil Bets To Nearly $1 BillionOil Prices Surge 6% as Trump Signals Prolonged Iran ConflictChina Resells Record LNG Volumes as Global Gas Crunch BitesNew England governors unite for nuclearBelarus set for role in Smolensk nuclear constructionUK plant transfers to government ownershipReactor vessel installed at Lianjiang unit 2Polish companies team up for regional SMR deploymentUS LNG Exports Break Record High as Middle East War Disrupts Global SupplyTrump Tells Allies to Fight for Jet Fuel or Buy From the U.S.US Natural Gas Supply Outlook Hinges on Three Key Shale Basins: MaguireUS Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIATrump Says Iranian Leader Has Asked for a CeasefireUS to Leave Iran ‘Pretty Quickly’ and Return if Needed, Trump Tells ReutersUS Gulf Coast Tanker Market Tightens as Asia Seeks to Replace Lost SupplyEU Warns Energy Prices Won’t Fall Even If Iran War Ends TomorrowBP’s New CEO Pledges Consistency as Company Tries to Rebuild Investor TrustIMI appoints new APAC managing director for industrial automationQuantum Helium gets approval for Sagebrush-1 testing in ColoradoChina and Russia raise domestic helium capacity in response to Gulf supply cutsChina raises domestic helium capacity in response to Gulf supply cutsHegseth Says Iran War at Decisive Moment, Tehran Threatens US Businesses in RegionConstellation Plans $3.9 Billion Capex, Lifts Buyback Amid Clean Power DemandU.S. TOPS THE LIST – Half the World’s Oil Comes From Just Five Countries – Visual CapitalistUS Warns Americans in Saudi Arabia to Shelter in Place After ThreatsU.S. & Canadian Markets Soar Amid Hopes for End to Iran WarFED’S BARKIN: Households, Firms Still See Oil Shock Through a “Short-Term Lens”Asian LNG Demand Plunges as Qatar Outages and Hormuz Chaos Bite

Expand Energy on Track to Increase US Natgas Output to Meet Growing Demand

Business & Policy
May 1, 2025

(Reuters) – U.S. energy company Expand Energy, the country’s biggest natural gas producer, said on Wednesday it was on track to produce more gas in 2025 and 2026 to meet growing demand for the fuel.

Expand executives told analysts on its first quarter earnings call it expected to run about 12 rigs and invest about $2.7 billion to produce around 7.1 billion cubic feet of gas equivalent per day in 2025. That is the same as what the company said in its fourth quarter earnings in February.

Reporting by Scott DiSavino in New York and Mrinalika Roy in Bengaluru; Editing by Chris Reese