Industrial Equipment Sales & Services and ELGi North America have developed a technology that upgrades compressed air systems to be able to capture and reinject excess gas in lieu of flaring.
Occidental Petroleum and Anschutz Exploration confirmed the transaction but didn’t disclosed details as, separately, Powder River Basin operator Peak Resources plans an IPO this week.
More than 25% of U.S. Gulf of Mexico oil remained offline in the aftermath of post-tropical cyclone Rafael.
U.S. spot natural gas prices fell on Nov. 11 to a 25-year low at the Henry Hub. At the Waha Hub in West Texas, prices fell into negative territory.
Orion Diversified Holding Co. is pursuing negotiations with several oil companies in the Permian Basin to acquire oil and gas assets, the company’s CEO said.
With Wall Street and Congress on board, projects may be on the verge of charging forward.
The annual U.N. climate summit began on Monday with some prominent leaders planning to skip the event ahead of tough talks on finance and trade, after a year of weather disasters that have emboldened developing countries’ demands for cash. Delegates gathering in Azerbaijan’s capital, Baku, hope to resolve the COP29 summit’s top agenda item – …
Trump Worries and Leader Absences Cloud COP29 Climate Summit in Baku Read More »
The contract for TGS’ first 3D streamer acquisition for Northwest Europe’s summer season will begin in May 2025.
U.S. natural gas futures soared about 10% to a five-week high on Monday on a drop in daily output over the past few days and forecast for much cooler weather and more heating demand over the next two weeks than previously expected. That heating demand should cause utilities to start pulling gas out of storage …
US Natgas Prices Soar 10% to 5-Week High on Output Drop, Jump in Demand Read More »
Commission president spoke to Trump about energy, other topics US is already top source of LNG for the European Union European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import more from America. That’s among the subjects she mentioned during a recent phone call with US …
EU’s Von der Leyen Suggests US LNG Could Replace Russian Supply Read More »
