U.S. Shale production in the seven most prolific shale basins is set to increase 132,000 bpd in May to 8.649 million bpd, according to the Energy Information Administration’s latest Drilling Continue Reading
Stumbling gas production averages 13.8 Bcf/d in 2022 Rig count, new drilling, well completions accelerating Pipelines, local demand support growth to 17-18 Bcf/d Long-haul natural gas pipelines from the Permian Continue Reading
Horizontal drilling permits for new wells in the Permian hit an all-time high in March, with 904 total permit awards, Rystad Energy said. Horizontal drilling permits for new wells in Continue Reading
French Finance Minister Bruno Le Maire said on Tuesday that an embargo on Russian oil at a European Union level was in the works, adding that France’s President Emmanuel Macron Continue Reading
A Rolls-Royce (RR.L) design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, Continue Reading
Carmaker Stellantis (STLA.MI) said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow. The world’s fourth-largest automaker, which produced and Continue Reading
Denmark wants to temporarily increase its output of natural gas to help Europe wean itself off Russian energy. The Nordic country, which has pledged to stop the production of fossil Continue Reading
Britain’s economy will shrink in the second quarter as the squeeze on living standards, the end of free Covid testing and an extra public holiday hit activity, according to new Continue Reading
The European Union can diversify away from Russia in natural gas faster than previously believed, the Prime Minister of Italy, Mario Draghi, said this weekend. In an interview with Corriere Continue Reading
Everything can be politicized, except food. This holds more relevance amid widespread protest and collective boycott calls against Russia’s invasion of Ukraine since Feb. 24 . With hundreds of multinational Continue Reading
