Global Energy Costs Expected to Decrease with Shift Away from Oil and Gas, According to IEA
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says (Bloomberg) — The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Most Read from Bloomberg Global demand for all fossil fuels will […]
Oil and Gas Executives Convene to Discuss Major Exploration and Energy Security Initiatives | INSIDER
Oil & gas firm executives meet for large-scale exploration, energy security measures | INSIDER Executives from dozens oil and gas companies gather in the East Java capital of Surabaya today and tomorrow (October 14-15, 2024) for the Indonesia Exploration Forum (IEF), co-organized by the Upstream Oil and Gas Regulatory Task Force (SKK Migas) and oil […]
Global Oil and Gas Custody Metering System Market Anticipated Growth
Global Oil and Gas Custody Metering System Market is expected Oil and Gas Custody Metering System Market The Oil and Gas Custody Metering System Market was valued at US $ 10.56 Bn. in 2023, and it is expected to reach US $ 16.11 Bn. by 2030 with a CAGR of 6.21 % during the forecast […]
Backing Petroleum: bp’s Shift in Strategy Poses Risks for Climate and Investors
Backing Petroleum: bp’s transition U-turn is bad for the climate and investors This week, reports[i] have emerged of bp’s CEO Murray Auchincloss latest U-turn regarding bp’s transition strategy: the company has scrapped its previous relatively ambitious target of reducing oil and gas production by 25% by 2030 (vs 2019). Bp had made some headway towards […]
Oil Prices Stabilize Amid Florida Fuel Demand Concerns, Weekly Gains Fueled by Mideast Uncertainties – ET EnergyWorld
Oil settles down on Florida fuel demand worries, Mideast risk drives weekly gains, ET EnergyWorld HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such as possible supply disruptions in the Middle East and Hurricane Milton‘s impact on fuel demand in Florida. Brent crude oil futures […]
Analysis of the Fourth-Largest Crude Oil Producer in OPEC – Eurasia Review
Fourth-Largest Crude Oil Producer In OPEC – Analysis – Eurasia Review Iran was the fourth-largest crude oil producer in OPEC in 2023 and the third-largest dry natural gas producer in the world in 2022.1 It holds some of the world’s largest deposits of proved oil and natural gas reserves, ranking as the world’s third-largest oil and […]
API Data Shows Significant Increase in U.S. Crude Oil Inventories
API data reveals huge rise in US crude oil inventories Crude oil inventories in the US rose by 10.9mbbl during the week ended 4 October, data from the API showed. The body, the largest US trade association for the oil and gas industry, reported that gasoline inventories fell by 557,000bbl. Meanwhile, distillate inventories also declined […]
£1.9 Billion Annual Investment Urged for Transitioning Oil and Gas Workers to Clean Energy Careers
Call for £1.9bn a year to help oil and gas workers move into clean energy Climate groups are calling for £1.9 billion a year to support offshore oil and gas workers and communities through the shift to renewable energy. In a move endorsed by leading UK trade unions, 65 organisations have written to Chancellor Rachel […]
North Dakota’s Future Governor Dismisses Oil and Gas Connections and Conflict Issues • Minnesota Reformer
North Dakota’s likely next governor brushes off oil and gas ties, conflict concerns • Minnesota Reformer This article was produced for ProPublica’s Local Reporting Network in partnership with the North Dakota Monitor. Sign up for Dispatches to get stories like this one as soon as they are published. When Republican Kelly Armstrong filed his federal financial disclosure after […]
MLG Discusses Education at Oil and Gas Industry Conference
MLG speaks about education during oil and gas industry meeting MLG speaks about education during oil, gas industry meeting – Nicole Maxwell, New Mexico Political Report New Mexico produces the second highest amount of oil and gas in the country. The taxes from oil and gas production provide funding for state programs like education. Gov. […]