More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has found. The poll, carried out by Survation on behalf of consultancy firm True North, […]
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months. In a […]
HOUSTON, Aug 14 (Reuters) – Oil prices slipped on Wednesday after U.S. crude inventories rose unexpectedly and as worries eased slightly that a wider Middle East conflict could threaten production in one of the world’s […]
DENVER, Aug 7 (Reuters) – U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose as refining activity picked up and demand dropped, the Energy Information Administration (EIA) said […]
The investment is required to build new LNG plants and develop gas fields, a Japanese think tank says Global industry will need $7 trillion in investment to ensure sufficient natural gas supplies and avoid crises […]
20 Oct, 2023 05:09 HomeBusiness News The deal was clinched during the Belt and Road Forum in Beijing Russian energy giant Gazprom and the China National Petroleum Corporation (CNPC) have signed an agreement on additional […]
October 16, 2023 Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory Note: Data for 2023 include the Big Bend power plant, which, after a two-phased modernization project, began partial operations in 2021 and […]
Shale pioneer Harold Hamm, the founder of Continental Resources, has called for the uncertainty in U.S. oil and gas regulations to end so that the industry can have clearer advance plans on drilling and production […]
Rishi Sunak has announced a major U-turn on the government’s climate commitments as he promised to put his party on a more radical path in an attempt to close the gap with Labour before the […]
August 2, 2023 Data source: U.S. Energy Information Administration, International Energy Statistics; International Gas Union, World LNG Report 2022 In 2021, Qatar was the world’s sixth-largest dry natural gas producer, the second-largest liquefied natural gas […]
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