Oil & Gas Newswire

Cut in gas supply to industry likely amid LNG crisis

ISLAMABAD: As foreign traders of liquefied natural gas (LNG) default on supplies amid gas shortages, the Cabinet Committee on Energy (CCoE) will meet here on Monday (today) to review the overall situation, including discontinuation of gas supplies to a …

Mustard oil price breaks all records

Kolkata: The record rise of mustard oil price has again added pain to households already struggling with reduced earnings or job losses. Mustard oil, an essential cooking medium across eastern and north-eastern India has breached its previous records to …

Oil Steadies in Asia After Slumping on Weak U.S. Economic Data

(Bloomberg) -- Oil steadied near $52 a barrel in Asia after slumping the most in almost four weeks on a combination of a stronger dollar, weak U.S. economic data and a still-surging coronavirus. Futures in New York edged lower after tumbling 2.3% on Friday …

Keystone XL Oil Project Pledges Zero Carbon Emissions

WASHINGTON—The Keystone oil pipeline’s developer plans to announce a series of overhauls—including a pledge to use only renewable energy—in a bid to win President-elect Joe Biden’s support for the controversial project. Aides to Mr. Biden have previously …

Global Shares, Oil Prices Falter as U.S. Stimulus Buzz Fades

Will An Oil Price Spike Be The Next Blow To The Economy?

Like it or not, our modern way of life remains extremely dependent on oil. And even using the rosiest of forecasts, that’s not going to change anytime soon. Which is why petroleum geologist Art Berman’s prediction of a 30% spike in oil prices later this …

Modeled economic features, policy implications and government revenues - Guyana’s Infant Oil and Gas Sector:

Introduction As pointed out in the conclusion of last week’s column, today’s will wrap-up my current efforts to interrogate the IDB report on Guyana’s Oil Opportunity and its estimation of likely Government of Guyana (GoG) revenues. I focus on three areas …

Oil and gas conservation campaign underway

Our Reporter Dimapur, Jan. 16 (EMN): A month-long oil and gas as well as environment conservation campaign commonly known as Sanrakshan Kshamta Mahotsav (SAKSHAM 2021) got underway in Nagaland. The month-long SAKSHAM 2021 for Nagaland state was launched by …

NNPC records $120.49m crude oil receipts in Sept

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. This was contained in a statement release by the Group General Manager, Group Public …

Has Prince Charles’ Nature Pledge Become A Platform For BP To Greenwash Oil Spills?

Prince Charles announced a nature pledge for business on Monday, that controversially included ... [+] under-fire British oil giant, BP, accused of not collaborating with the Mauritius oil spill inquiry. Getty Images The British heir to the throne, Prince …

Will the US Regain Lost Oil Export Prominence?

Based on a review of pageviews, Rigzone’s downstream readership showed strong interest during the past week in articles about U.S. crude exports, oil price predictions and political contributions. Keep reading for details. Exporting US Shale Boom Has …

Oil Fired Boilers Market Outlines the Growth Factors and Current State of Market by 2028

The MarketWatch News Department was not involved in the creation of this content. Jan 17, 2021 (Market Insight Reports) -- The Global Oil Fired Boilers Market Study Report offers useful information and a detailed market review provides organizations with a …

Is It Time to Get Bullish on Oil Stocks?

Last year was another abysmal one for oil stocks. The average oil producer in the SPDR S&P Oil & Gas Exploration & Production ETF plunged 38%. Meanwhile, the oil ETF is down more than 55% over the last three years. While lower oil prices are …

NNPC records $120.49m crude oil receipt in September

By John Ofikhenua, Abuja The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. A statement by the Group General Manager, Group Public Affairs …

Oil spill at Chevron’s oilfield pollutes Bayelsa communities

By Simon Utebor, Yenagoa Crude oil spill has reportedly occured at Funiwa oilfield operated by Chevron Nigeria Limited (CNL) in Koluama, Southern Ijaw Local Government Area of Bayelsa State. Fishermen operating in the shallow waters of the Atlantic Ocean …

What is the role of gas in a green economy?

Normal text sizeLarger text sizeVery large text size The Tomago aluminium smelter outside Newcastle received a special visitor in September. Prime Minister Scott Morrison wanted to outline how he would use affordable and reliable energy to supercharge …

Surge in crude oil prices leads to fuel price increase in Ireland

A surge in crude oil prices has led to an increase of approximately two cent in the average cost of a litre of fuel in Ireland. According to the AA's latest fuel price study, the cost of a litre of petrol, has increased by 2.6c to a current rate of 129 …

Gas crisis may continue as LNG firm backs out of deal over hike in prices

ISLAMABAD: Gas crisis in the country is likely to continue as international liquefied natural gas (LNG) suppliers have refused to provide supplies for the month of February in the wake of the recent massive hike in gas prices. This bid default of the …

WEEKLY ENERGY RECAP: A mixed week for oil with investors regaining confidence

It was a very mixed week, with oil prices remaining relatively steady despite mixed bearish developments. The commodity market is seeing renewed confidence from investors who have pushed oil prices more than 40 percent since the end of October 2020 after a …

The PHC Consortium Rises to the Challenge of Supplying Free Computers with TROM-Jaro to People in Lockdown

Anyone affected by social restrictions during lockdown can claim their free refurbished computer from old stocks rescued from their journey to landfill . SOUTHMINSTER, ESSEX, UNITED KINGDOM, January 18, 2021 /⁨EINPresswire.com⁩/ -- Order …

Entrex and UNSS announce 2020 revenues for The Entrex Carbon Market and the Entrex Oil and Gas Market

Entrex is pleased to announce the two new markets launched in 2020, the Entrex Carbon Market and the Entrex Oil and Gas Market report revenues for 2020. Universal Solar Technology (OTCMKTS:UNSS) BOCA RATON, FLORIDA, USA, January 18, 2021 /⁨ …

Azincourt Energy Completes Geophysical Program, Adds Drill Targets at the East Preston Uranium Project

Company generate additional drill targets at its 25,000 hectare Western Athabasca property Azincourt Energy Corp (TSX:AAZ) VANCOUVER, BC, CANADA, January 18, 2021 /⁨EINPresswire.com⁩/ -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX. …

Arizona US Navy Veterans Mesothelioma Advocate Urges the Family of a Navy Veteran with Mesothelioma in Arizona to Call ...

PHOENIX , ARIZONA, USA, January 18, 2021 /⁨EINPresswire.com⁩/ -- The Arizona US Navy Veterans Mesothelioma Advocate says, "We want a Navy Veteran who has been diagnosed with mesothelioma to get the best possible financial compensation-not …

Elite Capital & Co. Wins the ACQ5 "Best Financial Portfolio Manager" Award, a Highly Coveted Award in the Finance Sector

LONDON, UNITED KINGDOM, January 18, 2021 /⁨EINPresswire.com⁩/ -- Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited (ECC), announced today that “the listing of our name in ACQ5 Country Award as the ‘The United Kingdom - Best Financial …

Gemserv acquires Ecuity to accelerate ‘net zero’ drive

Gemserv has acquired Ecuity Advisory Ltd as part of its drive to expand services for clients seeking to accelerate the transition to net zero. LONDON, UNITED KINGDOM, January 18, 2021 /⁨EINPresswire.com⁩/ -- Gemserv acquires Ecuity to accelerate ‘ …

Maine Mesothelioma Victims Center Has Endorsed Attorney Erik Karst of Karst von Oiste to be a Compensation Game Changer ...

BANGOR, MAINE, USA, January 18, 2021 /⁨EINPresswire.com⁩/ -- The Maine Mesothelioma Victims Center says, "If a Navy Veteran or person with mesothelioma in Maine want the best possible financial compensation it is extremely important- they …

Dr. Patrick Gruber to Participate in Water Tower Research Fireside Chat Series on Thursday, January 21, 2021 at 3:00 pm ...

ENGLEWOOD, Colo., Jan. 18, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in Water Tower Research Fireside Chat Series on Thursday, January 21, 2021 at 3:00 pm EST. The …

enCore Energy Corp. Presents at Noble Capital Markets Conference

VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) -- enCore Energy Corp. (TSXV: EU; OTCQX:ENCUF) (the “Company”) is pleased to announce that the Company's Chair, William M. Sheriff and the Chief Executive Officer, W. Paul Goranson, will …

TechnologyCatalogue.com taps local firm to give Indian tech players access to global markets

India Technology Platform planned for second quarter this year DELFT, ZUID-HOLLAND, NETHERLANDS, January 18, 2021 /⁨EINPresswire.com⁩/ -- TechnologyCatalogue.com, the fastest-growing global platform for technology solutions in the energy sector, …

Akin Gump Seeks Six-Month Stall on Racketeering Related Affidavits in Akron: Lucky Star Analysis

Entities acting on behalf of Energy Harbor and the international law firm of Akin Gump Straus Hauer & Feld have asked a federal bankruptcy court for a delay. CLEVELAND, OH, UNITED STATES, January 17, 2021 /⁨EINPresswire.com⁩/ -- In a move …

Patricia Martinez Appointed Enerflex’s Chief Energy Transition Officer

CALGARY, ALBERTA, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”) announces the appointment of Patricia Martinez to the role of Chief Energy Transition Officer. Patricia is currently Enerflex’s …

It’s Time to Rethink Licensing Rounds: For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current ...

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the continent was had reason to expect a “more productive …

Mineworx Announces Changes to the Board of Directors

SURREY, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Corporation" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced today that Harvey Granatier has been appointed as a …

Gas Station Feasibility Study Provider - Wert-Berater, LLC

Wert-Berater, LLC is the leading Gas Station Feasibility Study Provider Nationwide for SBA loan underwriting. CHARLOTTE, NORTH CAROLINA, USA, January 17, 2021 /⁨EINPresswire.com⁩/ -- When making an application for financing of a new construction …

Keystone XL commits to become first pipeline to be fully powered by renewable energy

HOUSTON, Jan. 17, 2021 (GLOBE NEWSWIRE) -- Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions …

TUNE IN THIS WEEK’S EPISODE OF WORLDWIDE BUSINESS WITH KATHY IRELAND®

LOS ANGELES, UNITED STATES, January 16, 2021 /⁨EINPresswire.com⁩/ -- Tune into this week’s episode of Worldwide Business with kathy ireland® available to watch on Fox Business Network as sponsored content. Set your reminders for Sunday, January …

NOAA Declares 2020 the Second Hottest Year on Record, a Very Close Second

This observation documents global warming but suggests that increases in greenhouse-gas emissions may not be the best explanation JACKSON, WYOMING, UNITED STATES, January 15, 2021 /⁨EINPresswire.com⁩/ -- “Detailed changes in global temperature …

Tune in this week’s episode of Worldwide Business with kathy ireland®

This week's Fox Business Network with kathy ireland® show to spotlight key executives from Carbon-60, Performance Good Group, & Waterotor Energy Technologies LOS ANGELES, CA, US, January 15, 2021 /⁨EINPresswire.com⁩/ -- Tune into this …

Petraco Oil Company Shows Commitment to Sustainability in Energy Provision

Petraco Oil Company is one of the oldest independent trading companies in the World, priding itself on great expertise and strong connection with its customers. LUGANO, TESSIN, SWITZERLAND, January 15, 2021 /⁨EINPresswire.com⁩/ -- Petraco Oil …