Tag Archives: Market

Last year. the buzz term in the natural gas world was the alarmist cry of stranded assets.

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.

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.

Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'.ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran. saying that finding the origin of such products is not easy.

Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.

Fitch Ratings downgraded Petroleos Mexicanos for a second time in five months. plunging the world’s most indebted oil company into junk status.

The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.

Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.

OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June.

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.