U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.
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 »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »Can These Electric Vehicle Codes Lead to Grid Benefits?
New codes requiring electric vehicle (EV) infrastructure in commercial buildings have passed an important hurdle. paving the way for a boost in electric vehicle use that can also provide grid benefits.
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.
Read More »District of Columbia Considers New Regulated Entity: The Microgrid Operator
A report released late last week for the nation’s capital calls for a new regulated entity known as a microgrid operator. part of the city’s far-reaching effort to modernize its electric grid.
Read More »New Infrastructure Could Spur Gas Demand Boost In China
China announced in March it was going to spin off the pipeline operating assets of the three state oil and gas majors and create a separate entity dedicated solely to this infrastructure.
Read More »CNOOC to Acquire 10% Equity Interest in Arctic LNG 2
Arctic LNG 2 LLC is a limited company incorporated in the Russian Federation engaging in the Arctic LNG 2 Project. the second large onshore conventional natural gas project led by JSC Novatek on the Gydan Peninsula in Russia.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Gazprom Neft. Repsol and Shell to Develop Major Exploration Cluster on Gydan Peninsula
Gazprom Neft. Repsol and Shell have signed a memorandum of understanding at this year’s St. Petersburg International Economic Forum.
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