The highly contagious Delta variant of the coronavirus is surging through Asia this week, with record numbers of infections in Australia and South Korea, prompting some countries to tighten curbs Continue Reading
Chevron Corp (CVX.N) and its partners in the Gorgon LNG project off Western Australia have agreed to go ahead with a $4 billion project to improve gas recovery from offshore Continue Reading
Asian spot liquefied natural gas (LNG) prices spiked to a fresh eight-year seasonal high this week, as demand remained robust globally for power generation needs in summer. The average LNG Continue Reading
Oil companies are betting that if they sell land, buyers will come, as crude prices have soared more than 50% this year, fueling the most robust pipeline of deals in Continue Reading
The United States must speed up project permits if it is to meet the Biden administration’s 2030 target for offshore wind power, major developer Orsted (ORSTED.CO) said on Thursday. The Continue Reading
The U.S. oil futures curve is pointing to a tightness the market hasn’t seen in years, sparking concerns of the potential for sharp inventory drawdowns. The three nearest so-called timespreads Continue Reading
The European Union started rolling out a first-of-a-kind digital health certificate that permits people who have been vaccinated to travel freely within the bloc without the need to quarantine or Continue Reading
Highlights Build measures 13 Bcf above five-year average Margin narrows for summer to winter futures US natural gas storage fields posted an above-average storage build for the week ended June Continue Reading
The stench bellows from the 1,500-foot hole in the ground, the remains of a well long ago abandoned by a bankrupt oil company. Despite its rotten-egg smell, the culprit is Continue Reading
Banks have started to cut their exposure to the U.S. shale patch, seeing more than 100 producers and oilfield services firms go bust last year and feeling the environmental, social, Continue Reading
