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HomeTop News

Top News

Norway
International News

Norway Moves to Take Control Over Natural Gas Export Network

November 12, 2024 Mariel Alumit

The Norwegian government has agreed to buy from private companies the majority of the natural gas export network of Western Europe’s biggest oil and gas producer, the Energy Ministry said on Tuesday. The government laid out plans […]

India
Downstream

India Aims To Become Regional Refining Hub

November 12, 2024 Mariel Alumit

India aims to be a refining hub in Asia as it is boosting refining capacity and expects to continue relying on fossil fuels until at least 2040, according to Indian Petroleum Minister Hardeep Singh Puri […]

Gas Prices
Energy Policy

California’s New Fuel Rules Could Raise Gas Prices by $0.50 Per Gallon

November 12, 2024 Mariel Alumit

California’s Air Resources Board recently amended the Low Carbon Fuel Standard, increasing target reductions despite affordability concerns. Consumer advocates fear that this move could raise gasoline prices by almost 50 cents per gallon. Currently, Californians […]

Offshore Wind
Climate Crisis

GOP Lawmakers, Fishermen Urge Trump To Keep ‘Day One’ Promise To Axe Offshore Wind

November 12, 2024 Mariel Alumit

Critics are calling on Trump to end offshore wind support, citing economic and environmental issues, as Biden’s administration backs the industry. Critics of the offshore wind industry are calling on President-elect Donald Trump to keep […]

UK
Climate Crisis

COP29: UK to commit to 81% emissions reduction by 2035

November 12, 2024 Mariel Alumit

The UK is poised to announce one of its most ambitious climate commitments yet, with Prime Minister Keir Starmer expected to confirm a target to cut greenhouse gas emissions by 81% from 1990 levels by […]

Trump
Energy Policy

Trump Picks Former Congressman Lee Zeldin to Lead EPA

November 11, 2024 Clark Savage

President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost energy production and curb regulations. “He will ensure fair and […]

ADNOC Gas
Earnings

ADNOC Gas posts strong Q3 results; Board approves strategy update

November 11, 2024 Mariel Alumit

ADNOC Gas plc and its subsidiaries today announced strong earnings for the third quarter of 2024, with net income increasing 11% year-on-year (YoY) to $1.24 billion, beating Bloomberg consensus for the quarter. The announcement of the company’s […]

Crude Oil News

Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta

November 11, 2024 Clark Savage

A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north Africa, restoring a clandestine practice that Madrid thought it had ended last summer. On Saturday, the […]

QatarEnergy
Big Oil Companies

QatarEnergy Buys Stake in Chevron-Operated Block Offshore Egypt

November 11, 2024 Mariel Alumit

QatarEnergy has signed an agreement to buy a 23% working interest in a concession agreement offshore Egypt from the block’s operator Chevron, the state firm of Qatar said on Monday. QatarEnergy will acquire 23% of the North […]

Natural Gas Price
Natural Gas

Analysts Explain Why USA Natural Gas Price is Rising

November 11, 2024 Mariel Alumit

Why is the U.S. natural gas price rising today? That’s the question Rigzone asked several analysts on Monday as the Henry Hub price ticked higher. “For me, it seems mostly like a weather phenomenon,” Ole […]

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