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U.S. Energy Corp. (NASDAQ: USEG) recently released its financial results for the three months ending September 30, 2024. In a press release dated November 12, 2024, the company provided details on its performance during this period.
Fossil fuel pollution is set to rise to 37.4 billion metric tons this year, an increase of 0.8% from 2023, a report found. Global emissions from coal, oil and gas are all projected to increase.
Automation continues to be the sticking point in the negotiations between the United States Maritime Alliance and the International Longshoremen’s Association to prevent the potential for a new strike that could shut down port operations from New England to Texas starting in mid-January. Recent negotiations, the first since the end of the three-day ILA strike that […]
Investors are bracing for a federal government likely to roll back aid for clean energy projects and to ease regulatory pressures on oil and gas companies, said Dan Pickering, chief investment officer for Pickering Energy Partners.
Under the Biden administration’s new rule, certain oil and gas facilities would be charged $900 per metric ton of “wasteful” emissions in CY 2024, $1,200 for CY 2025 and $1,500 for CY 2026.
House Speaker Mike Johnson and other Republican lawmakers have said they will press to expand oil and gas leases on federal lands. Johnson would also like to allow more drilling in Alaska’s National Petroleum Reserve, after the Biden administration enacted regulations to thwart drilling in more than half the area.
Currently, NLNG’s gas feedstock supply only meets about 60 per cent of its potential output. Managing Director/Chief Executive Officer of NLNG, Dr. Philip Mshelbila, made this submission at the ongoing 42nd NAPE Annual International Conference & Exhibition held in Lagos.
The deal between the Chinese state-owned CNCEC and the BFI Group, a major investor in the Aluminum Smelter Company of Nigeria, is expected to revive the 135 million standard cubic feet gas processing facility plant at the smelter. It was announced Tuesday by Nigeria’s minister of state for gas via a post on the social platform X.
NNPCL officials have hailed the agreement as unprecedented, particularly due to its zero capital expenditure outlay, making it a pioneering initiative in Nigeria’s gas distribution sector.