Shafaq News/ Iraq’s oil ministry on Tuesday said investments in gas resources is a top priority for the government as it prepares for a new bidding round.
Kazakhstan’s GDP is expected to grow at a moderate pace in the next two years, driven by oil and consumer spending.
Inflation is likely to remain above target in the short term, but is projected to decline over time.
The World Bank recommends reforms to improve the effectiveness of monetary policy and reduce the budget deficit.
U.S. domestic producers continue to be optimistic about the long-term prospects of gas as a fuel.
This month, the spot natural gas prices at the Waha hub in West Texas, in the Permian, have been negative, sinking to as low as -$1.16 per million British thermal units.
U.S. natural gas producers and pipeline operators acknowledge there is an oversupply hanging over the market, but they believe that gas will continue to be in demand domestically and internationally for decades to come.
India’s inflation and economic growth are at risk from the rise in oil prices caused by disruptions in the Red Sea, the government said, highlighting the need to diversify trade routes.
The U.S. oil and gas industry directly employed 2.04 million workers in 2023.
Chevron hosted a roundtable discussion with engineers on Monday at Legacy High School. The discussion, which was open to all students, was aimed at highlighting women working in the oil and gas industry.
Offshore wind could add nearly $50 billion to gross domestic product (GDP) and create 10,000 jobs, says a new study.
Part of the exorbitant cost of offshore wind energy is the massive crane ships required to install the damn things – but Norwegian company Windspider has come up with a brilliantly lightweight crane system that promises to slash costs in half.
-Exxon Mobil Corp XOM.N on Tuesday gave a dire warning about the outlook of Australia’s domestic gas supply, joining other gas producers in calling for policy stability and more investment in the sector.
The final investment decision (FID) on the planned $25 billion Nigeria-Morocco pipeline linking North and West Africa could be reached by December, a senior Nigerian oil official said.