Halliburton has announced that it has delivered the first electric grid-powered fracturing operation in the Permian basin as the industry explores different ways to reduce carbon emissions. Since November, the company has performed the work […]
Many nations that intend to become self-sufficient with regard to their hydrocarbon needs oftentimes lowball the terms and conditions they offer to prospective investors. This is fairly logical, high-risk spots must be attractive enough and […]
WASHINGTON, D.C. – The U.S. Department of Energy’s Office of Fossil Energy announced plans to make $160 million in federal funding available to help recalibrate the Nation’s vast fossil-fuel and power infrastructure for decarbonized energy and […]
During his campaign for President, Biden announced his energy plan to spend $2 trillion to “transform” the usage of oil and natural gas, which currently supplies two-thirds of the nation’s energy, to renewable fuels, primarily […]
ANKARA (Reuters) – Turkey has announced a 2021 public investment programme worth 138.5 billion lira ($18.53 billion), with communication and transportation projects receiving the largest allocation of the investment funds. The programme, published in the […]
OSLO: A dozen workers at Norway’s Mongstad oil refinery could go on strike if an upcoming round of wage talks fails to result in agreement, Norway’s Safe labour union said on Friday. No date has yet been set for the negotiations, which […]
Berlin: German authorities on Friday gave immediate permission for work to resume on a subsea pipeline bringing natural gas from Russia. The decision by the Federal Maritime and Hydrographic Agency can be appealed, meaning there could be another halt to […]
LONDON: Energean announced on Thursday it will develop a new natural gas field off the coast of Israel at an initial cost of $150 million. Energean also said it had signed an 18-month, $700 million loan facility with J.P. […]
Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]
Federal regulators have approved the start of construction on all but a small portion of Summit Midstream Partners LP’s 135-mile Double E natural gas pipeline that would connect Permian Basin supplies to the Gulf Coast. […]
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