U.S. President Joe Biden outlined a series of steps the White House is taking to reduce high prices at the pump. The U.S. President called on Congress on Thursday to make American oil companies pay […]
The European Union is holding a high-level dialogue meeting with OPEC on Monday, as the EU is looking at ways to step up sanctions against Russia, including by an oil embargo. The meeting, being held […]
New Delhi: Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas […]
Russia’s war and the sanctions that followed have worsened the world’s growing energy crisis. Experts are predicting that the war could set the world’s climate goals back for years. The tight energy market is driving […]
The federal government of Canada has granted its approval for a $12-billion oil project offshore Newfoundland and Labrador, to be led by Norwegian state major Equinor. According to the Norwegian company, the Bay du Nord project consists of several […]
Tankers carrying 22 million barrels of Russian, Iranian and Venezuelan oil are piling up off China, according to Kpler, as the country battles a virus outbreak that’s sapping demand and causing logistics problems. China has […]
Palm Beach, FL – April 5, 2022 – FinancialNewsMedia.com News Commentary – Companies in the oil & gas industry operate and develop oil and gas field properties. Activities include: the exploration and production of crude petroleum; the mining […]
ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 […]
Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply […]
Getting to carbon net-zero will require using fossil fuels until technology can make renewables cost-effective. The biggest negative to oil and gas is the methane leaks from the storage tanks and the tank batteries. What […]
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