High GDP growth, industrialization, urbanization, and a rising number of middle class in India are set to drive demand growth in the Asian country. Total Indian refining capacity is expected to increase by 22% in […]
Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]
In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity. In 2025, we expect slightly reduced gasoline consumption to further […]
The Nigerian National Petroleum Co. Ltd. (NNPC) destroyed more than 5,500 unauthorized refineries and nearly 4,500 illegal pipeline connections over the last three years, according to the national oil and gas company’s chief executive. Speaking […]
An Ohio commission is arguing its decisions last fall to allow oil and gas drilling under a state park and two wildlife areas are final and cannot be appealed. Environmental groups challenging the Ohio […]
Daily Standup Top Stories UK Climate Chiefs Admitted Net Zero Plan Based On Single Year Of Data January 22, 2024 Mariel Alumit Britain’s climate watchdog has privately admitted that a number of its key net zero recommendations […]
U.S. oil production has been holding at or near record highs since October, topping the previous peak from 2020, even though the number of active domestic oil drilling rigs is down by nearly 30% from […]
In an oil and gas report sent to Rigzone recently, Macquarie strategists said they do not expect current Mid East tensions to reduce crude supply, “even with large changes to normal shipping routes already underway”. […]
(WO) – Vallourec, a global provider premium tubular solutions, has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project […]
Wyoming’s oil and gas industry could get slammed by more than $900 million in lost revenue and lose nearly 3,000 jobs under proposed changes in how federal land is managed in southwestern Wyoming. The industry […]
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