Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »Iran Eyes 15 mt y Petchem Output in PEIISEZ
Implementation of the projects would create a new movement in the southern province of Hormuzgan.
Read More »US Ban on Iran’s Pet-Chem Exports Ineffective
CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
Read More »Devon Energy Establishes Target to Reduce Methane Emissions
Devon Energy Corp. has announced that it is establishing a voluntary. company-specific target to reduce methane emissions for its U.S. oil and natural gas production operations.
Read More »Newly Opened. JFK’s TWA Hotel is Always Grid Independent
A new hotel and conference center has formed around what had been the TWA terminal at New York’s JFK Airport — one that focuses on ultra modern energy technologies: a microgrid. on site electric generation and battery storage.
Read More »Oil Woes Have Calgary Landlords Turning Empty Offices Into Apartments
When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.
Read More »Could This Be Energy Storage’s SunShot?
Under the Better Energy Storage Technology Act. the Department of Energy would invest $60 million a year from 2020 through 2024 to complete the projects by September 2023.
Read More »Texas Producers Experiment. Pumping Gas Down Wells Amid Glut
Texas drillers may have found a solution to the stubborn natural gas glut that’s forced them to either burn it off into the air. or pay others to take it away.
Read More »China’s Demand For Gas Almost Infinite
Last year. the buzz term in the natural gas world was the alarmist cry of stranded assets.
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