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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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072020-07

Berkshire Hathaway will buy natural gas assets
In its first deal since the economic downturn caused by coronavirus, Berkshire Hathaway is purchasing natural gas transmission and storage assets from Dominion

032020-07

India's top gas importer close to long-term deal around spot prices
India’s top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum (mtpa) of liquefied natural gas with pri

302020-06

Chesapeake joins more than 200 other bankrupt U.S. shale producers
The shale bust has reached a grim milestone by claiming the pioneer of America’s drilling renaissance. But Chesapeake Energy, which filed for bankruptcy p

282020-06

Oil recovery may gather pace in H2, says Opec chief
Oil and gas markets recovery is likely to gather pace in the second half of the year as countries further ease lockdown restrictions and demand rises, said Opec

232020-06

Accelerating demand lifts WTI crude futures above $40/bbl
Oil rallied as stronger consumption continued to push physical markets higher, even as many countries struggle to bring the coronavirus under control.Futures in

192020-06

Maersk Drilling Joins Offshore CO2 Storage Project
Danish offshore drilling company Maersk Drilling has joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore

152020-06

Global gas inventory swells as demand recovers slowly
Global gas inventory has swollen as demand for liquefied natural gas is slow to recover and fears of a second wave of the coronavirus outbreak are adding to cau

122020-06

Oil Prices Fall As EIA Confirms Crude Inventory Build
Crude oil prices accelerated their fall today after the Energy Information Administration reported a rise in U.S. crude oil inventories of 5.7 million barrels f

102020-06

Energy transition: Hydrogen use in India's energy mix can grow 10 times by 2050
The potential scale of hydrogen use in India is huge and can increase in a ange between 3 times and 10 times by 2050, facilitating the transition to a carbon ne

052020-06

Saudi Arabia, Russia Reach Deal on Oil Output Cut Extension
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on
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