Maguire: High natural gas prices may lead to a new surge in coal consumption in the US
The benchmark U.S. gas prices will end 2025 the same way they started - with an explosive rally. This is bad news for those who hoped for a further reduction in coal consumption in the U.S. Gas prices in the…
By the end of this year, Ukraine will import 5 billion cubic meters of gas
Ukraine, which has lost more than half its gas production due to Russian missile attacks, had imported 4.4 billion cubic meters (bcms) by December, and planned to import a further 0.6 bcms by year's end, said state energy company Naftogaz on Wednesday.
Maguire: High natural gas prices may lead to a new surge in coal consumption in the US
The benchmark U.S. gas prices will end 2025 the same way they started - with an explosive rally. This is bad news for those who hoped for further reductions in U.S. coal usage. Gas prices in the United States…
Syrian president, Chevron discuss cooperation in oil, gas exploration, state news agency says
The Syrian state news agency reported on Tuesday that President Ahmed al-Sharaa of Syria met with representatives from U.S. oil giant Chevron and Syrian Petroleum Company in order to discuss the cooperation…
Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump…
TotalEnergies sells 40% of Nigerian licenses to Chevron
TotalEnergies announced on Monday that it will sell to Chevron a 40% share in two offshore exploration licences in Nigeria, a move designed to strengthen collaboration between the French energy giants and the U.S. counterparts.
Gunvor considers US energy push, which could strengthen Washington ties
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump…
EIA data show that US oil production reached a record high in September.
The Energy Information Administration (EIA), which released data on Friday, showed that U.S. crude oil production reached a new record in September, despite concerns about oversupply.Oil production in the U.S.
Shell is ready to invest in Italy more if drilling rights are unlocked
Shell is willing to increase its investment in Italy to boost the hydrocarbon production. The head of Shell's Italian division said this on Wednesday. He urged the government to permit new drilling. Shell…
US federal funds for energy production will decline by 11% by 2025
Interior Department reported on Friday that revenue from energy production in U.S. public waters and lands fell by 11% to $14.61 Billion during the last fiscal year, citing lower commodity prices like oil.
Exxon freezes plans for major hydrogen plant amid weak customer demand
Exxon Mobil has halted plans to build one of the largest hydrogen production plants in the world due to low customer demand, CEO Darren Woods said in an interview with Business Insider on Friday. The project's suspension…
Baker Hughes reports that US drillers have added oil and gas rigs to their fleets for the third consecutive week.
Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the third consecutive week for the first since September. In the week ending November 21, the oil and gas rig counts…
Syria signss gas cooperation agreement with ConocoPhillips & Novaterra
Syria's Energy Ministry announced on Tuesday that the Syrian Petroleum Company and U.S. ConocoPhillips have signed a Memorandum of Understanding to expand their cooperation in natural gas. Syria produces only…
Bousso: TotalEnergies' ROI-TotalEnergies power play shows Big Oil how to make energy transition work
TotalEnergies of France is betting heavily on renewables and power, positioning itself as a leader in the global energy demand wave. It also offers investors an alternative to its rivals who are doubling down on gas and oil.
DTEK, a Ukrainian company, imports US LNG through Lithuania
The Ukrainian energy company DTEK said that it has imported its first cargo via Lithuania's Klaipeda Import Terminal of U.S. LNG in order to improve energy security for Ukraine as well as other Eastern European countries.
Bousso: TotalEnergies' ROI-TotalEnergies power play shows Big Oil how to make energy transition work
TotalEnergies of France is betting heavily on renewables and power, positioning itself as a leader in the global energy demand wave. It also offers investors an alternative to its rivals who are doubling down on gas and oil.
Energy Transition' Future: Fractured, Bumpy and Long
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic…
Ukraine imports US LNG from Greece to meet winter needs
The Ukraine will import U.S. liquefied gas from Greece for its winter requirements from December to March of next year. This was announced by Greek and Ukrainian officials on Sunday, during the visit to Athens of President Volodymyr Zelenskiy.
Chevron aims to increase cash flow by 10% annually through 2030 and cut costs even more.
Chevron announced on Wednesday its plans to increase oil and gas production and grow free cash flow annually by more than 10 percent through 2030, all while reducing costs and capital spending. Chevron announced…
IEA Predicts World Oil, Gas Demand Could Grow Until 2050
Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following U.S. criticism about…