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Homegas

gas

oil and gas
Crude Oil News

Most Scots want more North Sea oil and gas to meet energy needs, poll finds

January 23, 2025 Mariel Alumit

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
Finance

Shell trims LNG production outlook for Q4, warns of weaker oil, gas trading

January 8, 2025 Mariel Alumit

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 […]

Oil prices
Finance

Oil prices edge down after surprise rise in US crude stockpiles

August 14, 2024 Mariel Alumit

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 […]

Crude Oil News

US crude inventories fall, fuel builds as demand weakens, EIA says

August 7, 2024 Mariel Alumit

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 […]

Global industry
International News

Global industry needs $7 trillion to avoid gas shortages – report  

October 24, 2023 Mariel Alumit

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 […]

Exports

Russia to boost gas supplies to China – Gazprom

October 20, 2023 Mariel Alumit

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 […]

Price
EIA News

New natural gas-fired capacity additions expected to total 8.6 gigawatts in 2023

October 16, 2023 Mariel Alumit

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 […]

Zero Edge

Harold Hamm Urges Consistency In US Oil And Gas Regulation

September 25, 2023 Mariel Alumit

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
Climate Crisis

Rishi Sunak announces U-turn on key green targets

September 20, 2023 Mariel Alumit

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 […]

Price
EIA News

Qatar natural gas production and exports stable as country eyes expansion

August 2, 2023 Mariel Alumit

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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