Norway on Tuesday said it plans to offer a record number of gas and oil exploration blocks in the Arctic, with environmental NGOs condemning an “aggressive” promotion of fossil fuels.
In its annual report detailing activity around mergers and acquisitions (M&A) for the upstream sector of the oil and gas industry, energy intelligence and analytics firm Enverus finds that deal activity slowed significantly during 2022.
An oil and gas producer based on the Texas side of the Permian Basin looked to capitalize on growth in the New Mexico portion of the region, looking to buy lands in the southeast corner of the state.
PITTSBURGH — Diversified Energy Company, the largest owner of oil and gas wells in the country, might abandon up to 70,000 oil and gas wells throughout Appalachia without plugging them, according to a new report.
For now, trade relations between Australia and China are sketchy at best. Therefore, Australia has started looking for other markets to ship commodities like ore and coking coke, one such market being India.
As Uzbekistan freezes amid rampant power shortages in its coldest winter for half a century, there is a million-dollar question on the lips of its shivering citizens
Europe’s benchmark gas prices extended losses early on Wednesday, falling by 3% in early trading in Amsterdam for a 25% decline so far this month, as inventories are high and milder weather is expected to return.
Refining margins in the United States hit $42.41 per barrel on Tuesday, more than double the five-year average for this time of the year, as refinery maintenance and unplanned outages reduce capacity while the global fuel market is tightening with the Chinese reopening and the looming EU ban of Russian fuel imports by sea.
Crude oil prices saw a minor increase today when the U.S. Energy Information Administration reported an oil inventory build of 500,000 barrels for the week to January 20
The 92km Hoima-Kaiso-Tonya road straightens, then snakes around the escarpments of the great Albertine rift valley before halting at the onshore Kingfisher oil field at the parallels of Lake Albert in mid-western Uganda.