Throughout this year, executives from oil majors and big independents have detailed plans to commit larger shares of their capital budgets to their core businesses of finding and developing reserves of oil and natural gas. […]
WoodMac: The long-term outlook on global LNG demand is bullish. New supply – especially from Qatar and the United States – is set to hit the market in 2025-2026. Even amid concerns about cost inflation, […]
IEA: EU gas markets set for new period of volatility. Europe is now relying much on LNG imports, and a cold winter would relaunch the race with Asia to attract cargoes. Europe’s single biggest gas […]
What Pretoria should have done was play it cool, refuse to indulge the media circus surrounding the upcoming summit, and candidly discuss everything with the bloc behind closed doors. That would have kept up appearances […]
U.S. special climate envoy John Kerry concluded his flying three-day trip to Beijing on Wednesday with his reported admission no agreement with China, the world’s single largest producer of greenhouse gases, has been reached on further […]
BlackRock has named Saudi Aramco’s chief executive Amin Nasser to the board of directors of the world’s biggest asset manager as an independent director. The CEO of the world’s largest oil company by oil production, exports, and […]
U.S. crude, gasoline stockpiles fell last week China vows to roll out consumption support policies US data boosts hopes of end to interest rate hikes NEW YORK, July 19 (Reuters) – Oil prices edged lower […]
The United States and China failed to reach new climate agreements despite “productive” conversations, special climate envoy John Kerry said Wednesday after a four-day visit to Beijing, an outcome that underscores the tensions between the […]
Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported a draw in crude and gasoline inventories which, if confirmed by the […]
Oilfield services provider Baker Hughes (NASDAQ: BKR) reported on Wednesday second-quarter earnings beat analyst expectations as strong global upstream activities and the return of offshore drilling more than offset a recent market softness in North […]
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