Analysts Examine Today’s USA Natural Gas Price Rise
A brutal cold snap, on top of concerns that the warm-up after it might not be as warm as previously projected, is giving the U.S. natural gas market a boost,…
Heritage Foundation, BCG Talk to Rigzone About OPEC+ Meeting
Last week, the OPEC+ group held its latest meeting and decided to extend a raft of production cuts, OPEC’s website highlighted. In an oil market update focusing on the OPEC+…
BP Merges Offshore Wind Business in $5.8 Billion Joint Venture With JERA
BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion……
Kuwait’s Oil Firm Looks to Boost Indonesia Offshore Exploration
Kuwait Foreign Petroleum Exploration Company (KUFPEC) plans to bid for more oil and gas blocks offshore Indonesia and explore for hydrocarbons in the Natuna Sea, the top executive of Kuwait’s……
Equinor Exits Nigeria and Azerbaijan With $2 Billion of Asset Sales
Equinor has exited the upstream business in Nigeria and Azerbaijan after completing oil and gas asset sales of $2 billion, the Norwegian energy major said on Monday. Equinor will…
Saudi Arabia Cuts Oil Prices for Asia as Demand Concerns Persist
Saudi Arabia has cut the official selling price for its crude oil for deliveries to Asia in January in a move that was largely expected amid depressed global prices. Saudi……
Oil Prices Jump on Geopolitical Uncertainty but Demand Concerns Remain
Crude oil prices began trade this week with a gain following the news that Islamist rebel groups had ousted Syria’s President Bashar Assad and taken over the country in a……
Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia
The possibility of Australia using nuclear power for the first time would not have any advantages over other technologies, as similar costs savings could be achieved with renewables even if……
China Solar Industry Looks to OPEC for Guide to Survival
China’s solar equipment manufacturers are learning they need to exercise restraint to survive. More than 30 of the top companies signed up to a program of self-discipline at the China…
EGAS partners with New Fortress Energy for second LNG FSRU in Egypt
The Egyptian Natural Gas Holding Company (EGAS) has signed a deal with US-based liquefied natural gas (LNG) specialist New Fortress Energy to lease a second floating storage and regasification unit…
