Global emissions of methane, the second-biggest contributor to human-caused climate change after carbon dioxide, surged by a record amount in 2021, the National Oceanic and Atmospheric Administration said on Thursday. Methane, a key component of natural […]
Euronav, Frontline investors to hold 59% and 41% respectively Tanker market is recovering after Russia’s invasion of Ukraine Frontline Ltd. and Euronav NV are considering an all-stock merger that would produce the world’s biggest tanker fleet, just as […]
(Reuters) – Oil executives defended themselves in the U.S. Congress from charges by lawmakers that they are gouging Americans with high fuel prices, saying that they are boosting energy output and no one company sets the […]
The U.S. benchmark natural gas price jumped above $6 per million British thermal units (MMBtu) on Wednesday, on the back of estimates that domestic production has dipped in recent days. As of 8:20 a.m. ET […]
Domestic crude oil production edged upward last week, the U.S. Energy Information Administration (EIA) reported Wednesday. For the week ending April 1, U.S. crude oil production increased by 100,000 b/d to 11.8 million b/d, according […]
The European Union members have announced a new, fifth round of sanctions against Russia and its businesses due to the war in Ukraine, including a ban on Russian vessels from accessing EU ports. However, the […]
A new report illustrates the soaring demand for Australia’s gas resources, pushing exports to record levels and helping fund public services and infrastructure. The Australian Petroleum Production & Exploration Association (APPEA) said the latest Resources […]
The Railroad Commission of Texas (RRC) reported that it issued 38% more original drilling permits year/year across the Lone Star State in February. The natural gas and oil industry regulator granted 836 drilling permits in […]
Palm Beach, FL – April 5, 2022 – FinancialNewsMedia.com News Commentary – Companies in the oil & gas industry operate and develop oil and gas field properties. Activities include: the exploration and production of crude petroleum; the mining […]
Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply […]
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