Why the Brazilian Government is Intensifying Pressure on the Oil and Gas Regulator
Why Brazil’s govt is stepping up pressure on the oil and gas watchdog Brazil’s government has been increasing pressure on oil and gas regulator ANP to speed up the development of the natural gas market. On Tuesday, during the Gas Week event in Brasília, mines and energy minister Alexandre Silveira urged the agency to fulfill […]
India’s 15% Gas Target Encounters Industrial Pressure Challenges, ET EnergyWorld
India’s 15% gas target faces industrial push challenge, ET EnergyWorld New Delhi: With India aiming to increase natural gas usage to 15% of its energy mix, experts highlighted the challenges in achieving this target at the Economic Times Oil & Gas Annual Conference & Expo 2024. Speaking during a panel discussion on E&P Strategies for […]
FPIs’ Ongoing Selling Pressure Affects Oil, Gas, and Auto Industries, ET EnergyWorld
Continued selling by FPIs negatively impacted oil, gas and auto sectors, ET EnergyWorld New Delhi: Foreign portfolio investors (FPIs) have significantly impacted key sectors such as financial services, oil & gas, and automobiles with continued selling pressure, according to a report by the State Bank of India (SBI). The first half of October saw considerable […]
Alberta Under Pressure for Oil Industry ‘Subsidies’ as Well Cleanup Costs Soar
Alberta Faces Scrutiny Over Oil Industry ‘Handouts’ Amid Escalating Well Cleanup Costs With cleanup and restoration costs for “orphaned” oil wells in Alberta set to double, the provincial government faces mounting pressure to hold oil and gas companies accountable on a number of fronts. To highlight the adverse effects of provincial policies that subsidize the […]
Low Prices Pressure U.S. Oil and Gas Production
Low Prices Squeeze U.S. Oil and Gas Output By John Kemp, energy analyst U.S. oil production growth continues to slow in response to the fall in prices, as the initial shock from Russia’s invasion of Ukraine and the sanctions imposed in response more than two years ago fades. Crude and condensates output from the Lower […]