U.S. Natural Gas Market Becomes a Global LNG Force
After years of being more or less isolated from the rest of the world, U.S. benchmark natural gas prices are becoming an influential force in...
Category : Oil Economy
Kuwait Announces Massive Offshore Oil and Gas Discovery
One of the Middle East’s largest oil producers, Kuwait, announced on Sunday a “huge” discovery of oil and associated gas in an offshore field east of...
Middle East Oil Benefits As China Buys Less African Crude
China has long been building inroads into Africa, while the U.S. backs down from the region, leaving a gaping hole in the West’s influence over...
Kinder Morgan reports Q2 miss, remains optimistic on natgas demand
U.S. pipeline and terminal operator Kinder Morgan, said on Wednesday it expects data center-driven electricity need to be a significant driver of natural gas demand,...
Stakeholders Summit: When Big Wigs Gather for Development
Call it a day for the creme de la creme of the Niger Delta region and you cannot be faulted. The Dr Obi Wali International...
Alberta Regulator projects 17 Percent growth in Oilsands production by 2033
The Alberta Energy Regulator says it expects the province’s oilsands production to grow by more than 17 percent by 2033. The regulator which has just...
Oil Rises to Two Month High as US Stockpiles Plummet
Oil closed at the highest in more than two months after a government report showed US crude inventories shrinking by the most in almost a...
NNPC Ltd Declares State of Emergency on Crude Oil Production
… Calls for Collaboration to Reduce Production Cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared...
Egyptian consortium to import U.S. shale gas to tackle short gas supplies
Shale gas to address a shortage in natural gas supplies that forced several chemical factories to temporarily shut down twice in June. Sidi Kerir Petrochemicals...
TotalEnergies Acquires Finnish Base Oil Reprocessing Firm
TotalEnergies SE has acquired Tecoil, a Finnish company specialized in the production of re-refined base oils (RRBOs), which the company says has the most efficient...