The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea […]
MUFG Bank forecasts a surplus of LNG supply by 2025, primarily driven by a surge in supply from the US and the Middle East, potentially leading to lower prices and the end of the energy […]
The global crackdown on methane emissions will get a boost this week from a watchdog satellite built to track and publicly reveal the biggest methane polluters in the oil and gas industry. The satellite, designed […]
The Association of the Petroleum Industry of Kurdistan on March 2 said there was no deal to resume oil exports through northern Iraq into Turkey, dashing hopes after reports that Baghdad had reached an agreement […]
OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]
WASHINGTON, March 3 (Reuters) – A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from the Strategic Petroleum Reserve. The desire for a hard line […]
SAN RAMON, Calif., Feb. 29 /BusinessWire/ — Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower […]
PITTSBURGH, March 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to […]
The Government of Canada has agreed to support the development of Project Nujio’qonik, the country’s first commercial-scale green hydrogen/ammonia facility on the west coast of Newfoundland and Labrador. To this end, World Energy GH2, the […]
Japanese renewable energy specialist Electric Power Development (J-Power) has unveiled a $380 million takeover offer for Australia’s Genex Power (ASX: GNX). The non-binding, indicative and conditional proposal from J-Power is aimed at acquiring all of the […]
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