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How The Transition Push Contributed To Higher Oil Prices

How The Transition Push Contributed To Higher Oil Prices

Uncertainty caused by the transition agenda of the governments has reduced appetite to invest in new oil and gas projects, a development that may lead to structurally higher energy prices

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Egypt Eyes Energy Revival With Zohr Gas Field Expansion

Egypt is taking major steps to revitalize its oil and gas industry through new exploration projects, Zohr gas field expansion, and technological innovations.

2 days ago

Biden Met With Central Asian Leaders To Discuss Trade And Development

For the first time in 3 decades, a U.S. President talked to the assembled leaders of the five Central Asian republics, a meeting that Washington hopes will lead to increasing cooperation in commodities, trade and diplomacy.

2 days ago

Oil, Gas Drilling Slows To 19-Month Low In U.S.

The total number of active drilling rigs in the United States fell by 11 this week, after seeing a brief 9-rig rise last week

2 days ago

Anticipating A Rise In Natural Gas

While the nature of Cheniere’s business has enabled the stock to show some gains while natty was bouncing around at a depressed level, the jump in natural gas prices that I envisaged back in May could well be coming soon

2 days ago

Detroit's Auto Giants Reel As UAW Strikes Bite Hard

The ongoing UAW auto strikes could cost Ford, GM, and Stellantis a collective loss of up to $250 million in profits every day, signaling a significant shift in the capital-labor dynamic.

2 days ago

Gas Production From Giant Groningen Field To Halt Completely On October 1

The giant Groningen gas field will close completely on October 1, 2023, the Council of Ministers meeting determined on Friday, sealing the fate of the field for good after a draft decision that was proposed in June

3 days ago
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