Taipei, 12 May (Argus) — South African bank Nedbank has halted all direct funding of new oil and gas exploration projects as part of its commitment to align its business with the Paris climate agreement’s […]
New Delhi: Sustained momentum in commodity prices will support the turnaround in the global Oil & Gas industry’s fundamental conditions and a positive global sector outlook through mid-to-late 2022, according to Moody’s Investors Service. “Pent-up consumer demand and […]
(Bloomberg) — ConocoPhillips and Diamondback Energy both got a boost from surging natural gas prices in the first quarter, as a February deep freeze in the central U.S. stoked demand for the heating and power-plant […]
LOS ANGELES, April 22, 2021 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today announced it will convert 200 new Ford F-250 service pickup trucks to run on renewable natural gas (RNG) – a renewable form of energy produced […]
Natural gas production in the United States is set to grow to a new record of 93.3 billion cubic feet per day (Bcfd) in 2022 and will continue to rise thereafter, exceeding 100 Bcfd in […]
In 2018, the U.S. manufacturing sector consumed 19.4 quadrillion British thermal units (Btu) of energy, according to EIA’s latest Manufacturing Energy Consumption Survey (MECS). In 2018, six energy-intensive subsectors—chemicals, petroleum and coal products, paper, primary […]
EIA’s April Short-Term Energy Outlook (STEO) forecasts decreased total U.S. natural gas consumption in 2021 and 2022 following a decline in 2020. Consumption in 2020 was 1.9 billion cubic feet per day (Bcf/d) lower than […]
The European Union is poised to delay a decision on what it means to be “green” in certain sectors in an effort to defuse tensions over the roles of natural gas and nuclear in the […]
The latest sign that Elon Musk is warming up to natural gas came in the form of four tanker trucks at Tesla Inc.’s electric-car gigafactory construction site in Austin, Texas. The trucks belonging to Houston-based liquefied natural gas company Stabilis […]
When the Ever Given, a 400-meter container ship, ran aground in the Suez Canal on March 23, it choked off a busy shipping lane for the global oil and gas trade. Ten percent of global seaborne oil trade, […]
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