Wednesday, 5 February 2025

Spotlight: Natural Gas

The two North Sea oil and gas fields were originally approved by the previous Conservative government (AFP)
BusinessCourtsFuelNatural GasNewsOilPolitics

Scottish court rules against two new North Sea oil and gas fields

Environmental campaigners called the court's decision a "historic win".

Shell's net profit reached $16.1 billion last year (GETTY IMAGES NORTH AMERICA)
BusinessFinanceFuelNatural GasNewsOil

Shell annual profit drops to $16 bn as oil prices fall

In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.

A flare stack burns off excess gas at a processing facility near Crossfield, Alta., June 13, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNews

Manitoba regulator approves hikes in natural gas, northern propane rates

WINNIPEG — Manitobans are going to pay a bit more for natural gas as well as propane used for home heating. The province’s...

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

ConocoPhillips takes over as sole operator of gas project in Malaysia, Petronas says

(Reuters) – Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in...

FILE - A drill rig stands at a Fervo Energy geothermal site near Milford, Utah, Nov. 26, 2023. (AP Photo/Ellen Schmidt, File)
ElectricityGeothermalNatural GasNewsOilPolitics

With Trump pivot back to pro-oil and gas policies, one renewable energy finds favor

As promised, President Donald Trump began reversing the country’s energy policies his first day in office with a spate of orders largely favoring...

The poll found Scots would rather oil and gas came from the UK than from abroad (PA)
BusinessEconomyNatural GasNewsOilPolitics

Most Scots want more North Sea oil and gas to meet energy needs, poll finds

More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has...

US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control (AFP)
AnalysisBusinessNatural GasOil

Trump push to ‘drill, baby, drill’ may hit industry roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week — but...

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOil

Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

By Vallari Srivastava (Reuters) – U.S. pipeline operator Kinder Morgan said on Wednesday it remains bullish on growth in demand for natural gas...

The Energy Skills Passport will help workers go from oil and gas to offshore wind (Big Partnership/PA)
EconomyLabourNatural GasNewsOilPolitics

Pilot scheme to help oil and gas workers transition to renewables launches

Oil and gas workers looking to transition into careers in the renewables industry will be given greater support under a new pilot scheme...

FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsOilPoliticsTrade

Citi raises average 2025 oil price forecasts, citing geopolitical risks

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran.

Login into your Account

Please login to like, dislike or bookmark this article.