Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence. Legislation signed by President Muhammadu Buhari this month enables the Nigerian National Petroleum Corp. to offer shares to […]
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi Arabia […]
Source: U.S. Energy Information Administration, Annual Electric Generator Report and Monthly Update to the Annual Electric Generator Report In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was […]
Oil headed for the biggest weekly gain in 11 months as market focus shifted to the outlook for U.S. economic stimulus and a storm that is menacing the Gulf of Mexico. Futures in New York […]
China’s state-owned oil and gas major Sinopec has struck oil and gas at a field in the northwestern province of Xinjiang, Reuters reports, adding that the reserves at the field are estimated at some 100 million […]
ENB Publishers Note: Right now not a major impact. Let the turmoil in the region percolate for 6 months and you will see more terrorism. Depending on the severity of the attacks, will depend on […]
Democrats on the House Natural Resources Committee are proposing more offshore drilling bans and higher fees and royalty charges on the oil and gas industry to raise funds for wildlife conservation efforts, Bloomberg News reported on Thursday, […]
Source: Graph by the U.S. Energy Information Administration, based on data from Dubai Mercantile Exchange (DME); CME Group; Intercontinental Exchange, Inc. (ICE); and ICE Futures Abu Dhabi (IFAD), as compiled by Bloomberg L.P. On March 29, […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our latest Short-Term Energy Outlook (STEO), we expect 3.4% more U.S. propane consumption this winter compared with last winter, reflecting greater use of propane as a petrochemical feedstock, outpacing expectations […]
California mulls deeper cuts to power sector GHGs Houston, 23 August (Argus) — California regulators may require the state’s utilities to make deeper cuts in their greenhouse gas (GHG) emissions. An administrative law judge for […]
Copyright © 2025 | Sandstone Group