Spotlight: Natural Gas
Energy transition inevitable, but US counties reliant on fossil fuel may struggle to bridge revenue gap: study
The energy transition might be inevitable, but it also poses significant financial challenges for local governments, particularly those heavily reliant on fossil fuel...
Japan’s JERA to launch new gas-fired power plant to avoid electricity shortages
Any additional capacity is welcomed now as Japan has been suffering tight power supply during peak summer and winter demand seasons due to...
Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say
Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65bn...
Canada’s Pieridae Energy shuts-in production amid low natgas prices
Canadian energy company Pieridae Energy said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d)...
Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter
Veren Inc., post-buying spree, shifts focus to reducing its $3.0 billion debt, targeting a further drop to $2.2 billion by year-end.
Refining and gas give TotalEnergies Q2 blues
Profits slump for French oil company blamed on lower margins in refining and falling LNG demand in Europe.
Oil and gas exploration is surging to pre-Covid levels despite COP28 agreement
Oil and gas exploration is thriving even though countries agreed at COP28 to shift away from fossil fuels, says new analysis from the...
Analysis: Whoever wins election, Venezuela faces natural gas problem
Venezuela faces critical gas shortages despite vast reserves, with upcoming elections intensifying debate over privatization and investment to revive production.
US oilfield firms slash prices as mega-mergers shrink customer base
A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy
Australia announces new offshore gas exploration permits to plug supply gaps
Australia considers gas critical for its transition from dependence on coal-fired power stations.
