Gupta said the company is aligned with the government’s vision of having a gas-based economy wherein the share of natural gas in the energy mix is to more than double to 15 per cent by […]
Russia’s foreign ministry has said that leaks on the Nord Stream pipelines were in a zone controlled by US intelligence services, the RIA Novosti news agency reported on Thursday, as a fourth leak was reported. In recent […]
WASHINGTON – The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) today released the following statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. […]
Widespread food insecurity is back on the table. War and organized violence are the main drivers of acute food insecurity, followed by weather events and post-pandemic economic disruption. For some places this is a near-constant […]
BP’s peak oil demand prediction in 2020 turned out to be wrong. A relatively large number of forecasts don’t see peak oil happening within the next few decades. Advancements in ICE engines and increased fuel […]
Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. Options include a cash guarantee from […]
Ongoing supply chain woes could push oil prices back to $100 per barrel. Analysts estimate gasoline prices could return to $5 per gallon. Biden’s ability to continue pouring oil onto the markets to keep gas […]
The Biden Administration’s calls for U.S. refiners to limit their fuel exports would only lead to a more severe crunch overseas which will push crude oil prices and gasoline prices in America higher, U.S. supermajor […]
The United States increased its crude oil production in July by an average of just 12,000 barrels per day, according to the latest monthly data published by the Energy Information Administration. The United States produced […]
HIGHLIGHTS Bolt-on acquisition of core non-operated working interest properties in the Northern Delaware Basin for an initial purchase price of $157.5 million Average production of ~3,000 to 3,500 Boe per day (68% oil, 2-stream) expected […]
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