NYMEX August natural gas futures shed 26.3 cents to settle at $6.034/MMBtu on July 8 amid a barrage of profit-taking. The loss comes on the back of the previous day’s 14% surge in NYMEX front-month […]
Bears and bulls are butting heads over the current state of the oil market. There’s a growing disconnect between the physical market for crude and oil futures. The ongoing disconnect between physical crude and futures […]
Russia’s invasion of Ukraine has sparked chaos in Europe’s energy market. The British government is now taking steps to solidify its domestic energy security. The UK is looking to incentivize nuclear power production to help […]
Russian oil and gas giant Rosneft claims to have made an 82-million-ton oil discovery in the Pechora Sea. Rosneft has a controlling interest in 28 offshore licenses in the Arctic including 8 in the Pechora […]
The Biden administration on Friday released a draft supplemental environmental review of ConocoPhillips’ giant oil prospect on Alaska’s North Slope, known as the Willow project, after a federal judge last year rejected approval for the project […]
Events on the energy market in the last year and a half have actualized the famous maxim of energy experts that ‘energy is the most expensive when you lack it’. Besides all other processes that […]
The investments would be towards expanding city gas distribution (CGD) infrastructure and setting up new compressed natural gas (CNG) stations, among other areas.New Delhi: AG&P Pratham, the India arm of Singapore-based Atlantic Gulf & Pacific […]
Under the government of India’s National Monetisation Pipeline (NMP), various ministries have been assigned targets to raise funds through monetisation of assets of public sector undertakings that come under their fold. New Delhi:NTPCplans to raise […]
PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is about to cut off gas deliveries via its main artery to Europe. On Monday the […]
Utility company Pacific Gas & Electric (PG&E) announced on Tuesday that they will be submitting an application to receive funds from a federal government program to remain open well past the current 2025 shutdown date. […]
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