Feb 22 (Reuters) – U.S. natural gas producer Chesapeake Energy Corp (CHK.O) on Wednesday said it would pull back on drilling and completing wells this year as natural gas prices have crashed to a quarter […]
LONDON, Feb 22 (Reuters) – U.S. gas prices have slumped close to their lowest level on record, after adjusting for inflation, as traders respond to signs of a persistent production surplus in the domestic […]
(Bloomberg) – Dutch gas pipelines and wind farms in the North Sea are vulnerable to sabotage by Russia, according to an intelligence report. Russia has covertly mapped the Dutch energy infrastructure in the North Sea […]
US natural gas futures fell below $2 for the first time since 2020, extending a massive selloff as traders give up on hopes of extreme cold boosting demand.Gas for March delivery dropped to $1.987 per […]
Energy major, Shell, through its unit Shell Petroleum, has completed the acquisition of Europe’s largest producer of renewable natural gas (RNG), Nature Energy Biogas. Shell has acquired Nature Energy’s portfolio of operating plants, associated feedstock […]
Shell’s wholly-owned subsidiary Shell Petroleum has closed the acquisition of Danish renewable natural gas (RNG) producer Nature Energy Biogas in a deal worth approximately $2bn. Denmark-based Nature Energy has been acquired from a consortium of institutional investors comprising Pioneer Point […]
(Bloomberg) — Europe’s most remarkable response to Russia’s war on Ukraine hasn’t been marshaling military equipment and billions of euros in aid. It’s been the unprecedented speed of an energy transition that in one year […]
Since 2008, an outstanding achievement in U.S. energy has occurred with barely a whisper from the news media. Electricity prices have plateaued to a very small annual growth rate, while at the same time U.S. […]
BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022. BP and Shell have pledged to spend £18bn and £25bn respectively over the current decade on domestic low and zero-carbon energy […]
BERLIN, Feb 19 (Reuters) – International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas (LNG) is coming to the market while China’s […]
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