Some early forecasts show a mild winter in the US northeast, which could give electric grid operator ISO-New England more time to seek fixes for its fuel security and capacity issues.
News ID: 2545 Publish Date : 2018/11/08
Iran’s Ambassador to Iraq Iraj Masjedi and Iraqi Electricity Minister Luay al-Khateeb held talks on a range of issues, including ways to boost bilateral relations between the two neighboring countries in various areas.
News ID: 2537 Publish Date : 2018/11/08
Ecuador is seeking to revive its power sector with new hydroelectric and LNG-to-power projects that would shore up a plan to participate in the neighboring Colombian market where a major hydro project, EPM´s 2.4GW HidroItuango, has derailed. Gonzalo Uquillas, chief executive of Ecuador's state-owned power utility Celec, spoke to Argus about the country´s plans. Edited highlights follow.
News ID: 2514 Publish Date : 2018/11/06
China’s Sinopec and CNPC are speeding up drilling and exploration from major shale oil and gas formations in the country’s western regions to boost domestic output, according to company reports on Monday.
News ID: 2506 Publish Date : 2018/11/06
Investors are scrambling to meet Mexico's thirst for refined products by rail, which offers a faster solution than pipelines and coastal terminals that are years from fruition.
News ID: 2497 Publish Date : 2018/11/05
A merger between BASF's oil and gas unit Wintershall and DEA, agreed in September, is expected to conclude in 2019 with an eventual initial public offering set to take place in the second half of 2020, BASF CEO Martin Brudermuller said Friday.
News ID: 2451 Publish Date : 2018/10/26
The world is pumping out more oil and other petroleum liquids than ever before.
News ID: 2439 Publish Date : 2018/10/14
The European Union uses unfair competition methods in regulating the gas market, said Gazprom’s deputy chairman of the management committee, Aleksandr Medvedev.
News ID: 2425 Publish Date : 2018/10/13
UK shale gas explorer Cuadrilla said Friday it would start fracking at its Preston New Road site in Northwest England on Saturday after a legal challenge was thrown out.
News ID: 2424 Publish Date : 2018/10/12
Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.
News ID: 2414 Publish Date : 2018/10/12
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40% of US Gulf of Mexico crude production.
News ID: 2413 Publish Date : 2018/10/12
Roughly 42% of US Gulf of Mexico oil production and nearly 32% of natural gas output has been shut-in ahead of the arrival of Hurricane Michael, the US Bureau of Safety and Environmental Enforcement said Tuesday.
News ID: 2412 Publish Date : 2018/10/10
Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency said.
News ID: 2379 Publish Date : 2018/10/08
NYMEX November natural gas futures contract weakened in morning trading Friday, on offsetting movements in heating and cooling demand.
News ID: 2374 Publish Date : 2018/10/05
Brazilians will go to the polls to elect a new president Sunday, but the lack of a clear frontrunner means an uncertain future that has dampened much of the optimism in the country's oil and natural gas industry since mid-2016.
News ID: 2372 Publish Date : 2018/10/05
Authorities in the US have granted BP an interim license -- valid until November 4 -- for the UK major to use certain US services at its Rhum gas field in the UK North Sea.
News ID: 2324 Publish Date : 2018/10/01
The managing director of the Iranian Gas Engineering and Development Company (IGEDC) said the company plans to construct new gas pipelines with a total length of 1,000 kilometers and link them to the national grid by the end of the current Iranian year
News ID: 2310 Publish Date : 2018/09/30
Australia-based petroleum producer and LNG exporter Santos plans to almost double its current production level to more than 100 million barrels of oil equivalent by 2025, helped by its acquisition of Quadrant Energy including the Dorado oil discovery, and higher output from three LNG projects it has interests in, the company said Wednesday.
News ID: 2286 Publish Date : 2018/09/27
Turkey will continue to purchase Iran's natural gas, despite the US sanctions on Tehran, President Recep Tayyip Erdogan noted while in New York attending the annual United Nations General Assembly meeting on Tuesday.
News ID: 2282 Publish Date : 2018/09/27
Qatar Petroleum has committed to building a fourth new mega-LNG train on top of three new 7.8 million mt/year trains already planned, boosting the country's future LNG production capacity to 110 million mt/year.
News ID: 2277 Publish Date : 2018/09/26
