EOG's Increased Production, Higher Russian LNG Exports: Your Daily Energy News

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News highlights compiled by Industrial Info Resources (Sugar Land, Texas) dealing with the energy markets.

Oil & Gas Production

EOG's Q1 Production Up, Realized Prices Vary
EOG Resources reports that it produced 1.38 million barrels oil equivalent per day (boe/d) in the first quarter of this year, up from 1.09 million boe/d a year earlier. The company's average realized oil price $72.47 per barrel, down somewhat from $72.67 in 1Q25. Average realized natural gas prices were $3.76 per thousand cubic feet, compared with $3.41 a year earlier. Industrial Info Resources is tracking details on $1.54 billion worth of EOG drilling programs scheduled for 2026 and 2027. Subscribers to the Industrial Info Resources Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.

LNG

QatarEnergy Continues Force Majeure on LNG Shipments for Italy's Edison
QatarEnergy says it will extend force majeure on another two liquefied natural gas (LNG) cargos scheduled for Italian energy company Edison, extending force majeure status until July. QatarEnergy has cancelled 10 cargos intended for Edison since the Middle East conflict began.

Russia's LNG Exports Up for Year Through April
Reuters reports LSEG data showing that Russia's LNG exports from January through April this year were 11.4 million metric tons, up 8.6% from the same period last year.

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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, Industrial Info Resources is tracking over 250,000 current and future projects worth $30.2 trillion (USD).