Egypt offers a bright spot for natural gas development, a lone bright spot in an energy world undergoing harsh austerity. The friendly business environment in Egypt right now stems, in Continue Reading
Nigeria deployed police and soldiers to gasoline stations to maintain order as fuel shortages grip Africa’s biggest oil producer. The most severe fuel scarcity in a year in Africa’s most Continue Reading
The death toll from an explosion at a petrochemical plant owned by chemicals company Mexichem SAB and state oil company Petróleos Mexicanos has risen to 13, Pemex Chief Executive José Continue Reading
President Nicolás Maduro’s government said on Thursday that it would cut electrical power by four hours a day for 40 days across much of Venezuela to save energy, even though Continue Reading
The drought has dried up the massive Guri Dam in Bolivar state seriously depleting the country’s ability to generate energy. Venezuela is introducing power cuts of four hours a day Continue Reading
Venezuela will begin rationing electricity Monday for four hours daily in the 10 most-populated states, including five states with oil operations, electricity minister Luis Motta said Thursday. The states affected Continue Reading
A marked rise in U.S. oil options volatility for contracts expiring in 2017 has sparked speculation among traders that the market is preparing for Mexico’s annual hedging program, worth billions Continue Reading
The Brazilian pre-salt bonanza has now officially begun, with Norway’s Statoil and partners announcing production of the first oil and gas from the offshore Gavea field in Brazil—part of the Continue Reading
A tanker from Louisiana loaded with U.S. natural gas is en route to Portugal, the first shipment in a trade relationship that could shake up the European market. The 970-foot Continue Reading
Workers install massive racks that will hold solar panels at the Alamo 6 solar farm… A few years ago, Sean and Stormy Fravel were riding the oil and gas boom Continue Reading
