Search Results for gas
Drone Attacks Take Khor Mor Gas Field Offline, Claims Lives
Four expatriate workers lost their lives, and two others sustained injuries in a recent drone attack on the Khor Mor gas field in Iraq’s Kurdistan region. This attack, reported by an advisor to the Iraqi […]
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Exxon’s stock is down more than 3%. Here is what Exxon reported for […]
AI boom to fuel natural gas demand in coming years, report says
April 23 (Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt […]
UK gas production drops by 9%
Gas production in the UK dropped by 9% in the three-month period leading up to February 2024 compared to the same period in the previous year. Government data shows that imports decreased by 15% due […]
Coal and new gas power plants will have to meet climate pollution targets
The Environmental Protection Agency finalized rules on Thursday to limit the pollution from power plants that drives climate change. Power plants are the second biggest source of planet-heating greenhouse gasses behind transportation, according to the EPA. […]
The Current Administration Declares War on the U.S. Oil and Gas Industry
ENB Pub Note: This article is from Dr. Ed Ireland’s Substack. I highly recommend following and supporting his energy research and subscribing to his Substack HERE: Source: Edireland.substack.com A few weeks ago, I wrote that the U.S. […]
How and why big oil is strengthening its oil and gas exposure
Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]
Reuters Estimates: Russian Oil and Gas Revenue to Double in April
Reuters: This month, Russia is expected to pocket $14 billion from oil & gas. Russia’s oil and gas revenues slumped by 23.9% last year compared to 2022. Reuters estimates that Russia’s revenues from oil and […]
Americans consumed record amounts of natural gas in 2023
The latest figures from the U.S. Energy Information Administration show that Americans are consuming a record amount of natural gas. In 2023, the U.S. consumed 89.1 billion cubic feet of gas in 2023, which was […]