VALLADOLID, Spain, July 12 (Reuters) – Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union’s […]
LONDON, July 11 (Reuters) – Europe’s gas consumption has fallen by 10% to 15% compared with the decade before Russia’s invasion of Ukraine as high prices enforce sharp cuts, especially by energy-intensive industries. Total consumption in the […]
Forecast overview U.S. economy. Our forecast assumes U.S. GDP growth of 1.5% in 2023 and 1.3% in 2024, which is revised up from last month’s forecast of 1.3% in 2023 and 1.0% in 2024. The upward […]
July 11, 2023 Data source: Evaluate Energy International proved crude oil and natural gas reserves held by 187 publicly traded global exploration and production (E&P) companies declined by 5.6 billion barrels of oil equivalent (BOE) […]
The vulnerability of Kazakhstan’s vital oil and gas sector to the nation’s crumbling electricity network was exposed this week when a major power outage hit the west of the country with widespread repercussions for export […]
BAGHDAD, July 10 (Reuters) – Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce energy with four […]
At least two people were killed and one person is missing after a fire broke out Friday at the Nohoch Alfa offshore platform at the Bay of Campeche, in the Gulf of Mexico, the state-owned oil […]
Authored by Dave Callahan, Charlie Burd & Rob Brundrett via RealClear Wire, While not a Presidential election year, 2024 hopefuls are spending the summer promoting policy solutions to win the hearts and minds of Americans […]
Norway’s government said on Wednesday it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding $18.5 billion, part of the country’s strategy to extend production for decades to […]
Shell expects its gas trading business to have been significantly lower in the second quarter, compared to a strong first quarter, due to seasonality and fewer optimization opportunities, the UK-based supermajor said in its second […]
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