Iraq’s overreliance on oil threatens economic, political strife | Oil and Gas News
With an economy so reliant on oil, Iraq has long faced a tough balancing act between the short-term gains that can come from ramping up…
Eni to review plans for carbon-intensive Verus gas field to minimise ‘environmental footprint’
In short: Italian company Eni says it is reviewing plans to develop a new gas field in the Timor Sea to reduce its environmental footprint.The gas…
Texas joins 15 other states in suing over natural gas application ban
Texas has joined 15 other states in suing the Biden administration over a ban on LNG exports. Photo by Fletcher6/Wikipedia Commons March 21 (UPI) --…
Cardiff Airport evacuated over gas leak with fears flights could be delayed
Cardiff Airport, the only airport offering commercial passenger services in Wales, runs flights operated by Ryanair, TUI Airways and KLM among other companies Source link
Fitch Ratings upgrades Qatar to third-highest on back of gas expansion | Oil and Gas News
Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said. Fitch Ratings has upgraded Qatar to AA, its third-highest rating, on…
New gas power plants to stop blackouts – minister
Critics say a commitment to build new gas-fired power stations would threaten climate pledges. Source link
US Key to Philippines’ Plan to Tap Oil, Gas in South China Sea
Breadcrumb Trail LinksPMN BusinessThe Philippines is counting on the US and its allies to play a crucial role in its plans to explore energy resources…
Russia’s oil and gas revenue jumped in February
Russia’s oil and gas revenue jumped more than 80% in February from a year earlier to over $10 billion due to higher prices for the…
Oil and gas profits windfall tax extended until 2029
Delivering his budget, Mr Hunt said: "Because the increase in energy prices caused by the Ukraine war is expected to last longer, so too will…
TC Energy selling New England gas system to reduce debt
Article contentCALGARY — TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System (PNGTS) for US$1.14 billion…
Russia orders halt on petrol exports | Oil and Gas News
Coming amid attacks on refineries, ban is intended to avert shortages and spiking prices on the domestic market. Russia has passed a six-month ban on…
Qatar announces new gas output boost with mega field expansion | Oil and Gas News
The overall expansion of North Field from 77mtpa currently to 142mtpa by 2030 represents an 85 percent increase in production. Qatar has announced new plans…
Parliamentary inquiry report says WA’s domestic gas export policy no longer fit for purpose
A parliamentary inquiry into WA's limits on gas exports has found it is no longer fit for purpose, and has suggested government intervention may be…
Iran says Israel behind attacks on gas pipelines | News
Two explosions on key south-north gas pipeline network last week disrupted supplies in several Iranian provinces. Iran has accused Israel of being behind two attacks…
Police fire tear gas at protesting Indian farmers marching to New Delhi | Protests News
Police have fired tear gas at thousands of Indian farmers who resumed their protest march to the capital, New Delhi, after talks with the government…
European natural gas prices plummet: Is the energy crisis finally over?
The Dutch TTF benchmark for European gas prices has seen a significant drop in February 2024, falling below €25/megawatt-hour (MWh), reaching levels last seen during…
Falcon Oil & Gas Ltd. – Beetaloo Update and Investor Q&A
Article contentFalcon Oil & Gas Ltd.(“Falcon” or “Company”) Beetaloo Update and Investor Q&A Article content 19 February 2024 – Falcon Oil & Gas Ltd. (TSXV:…
The bizarre gas fight that has Republicans pushing for climate action
The clashing messages are an example of the novel controversies being created by the United States’ emergence as an energy superpower — a role that…
UK’s David Cameron preps for battle with Russia’s Lavrov over Ukraine – POLITICO
Optimism Still, some optimism remains inside the British government about the Russia-Ukraine war. Officials expect Ukraine to be able to export its full harvest next…
Lower oil and natural gas prices drag on Eni’s earnings in fourth quarter
Shares in Italy's Eni SpA fell on Friday after the company published its latest financial results. ADVERTISEMENTEni said in a press release that its full-year…