SANTA FE, N.M. (AP) — New Mexico’s State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and natural gas development in the Permian Basin as it seeks approval by […]
Offshore Namibia, the success rate in offshore discoveries has been phenomenal so far. This week, TotalEnergies and QatarEnergy said they were expanding their efforts to explore for oil and gas in the Orange Basin offshore […]
Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Provides >2,000 miles of critical pipeline infrastructure with extensive overlap […]
Ursula von der Leyen did not forget about angered EU farmers during the launch of her election campaign for a second mandate at the European Commission on Thursday (7 March) but omitted all reference […]
In the last few weeks a number of serious errors have come to light in the Climate Change Committee’s (CCC) plan for Net Zero. The CCC plan was published mid-2019 in a document titled ‘Net […]
KEY POINTS Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco’s second-highest ever net income. The […]
Biofuels, particularly those derived from waste and non-food crops, are gaining traction as a renewable energy source to decarbonize hard-to-abate sectors like aviation and shipping. The U.S. and India are leading the charge in biofuel […]
Alberta is at risk of losing its standing as Canada’s go-to destination for renewable energy investment, as continuing uncertainty after its seven-month project moratorium collides with other provinces’ growing embrace of technologies like solar, wind, […]
Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]
US, French and British forces downed dozens of drones in the Red Sea area overnight and on Saturday (9 March) after Yemen’s Iran-aligned Houthis targeted bulk carrier Propel Fortune and US destroyers in the region, the […]
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