South African Minister Says Coal Is Critical Mineral for the Country

South African Minister Says Coal Is Critical Mineral for the Country | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 03, 2025, 7:30 AM CST South Africa should look…

South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects

South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 03, 2025, 6:30 AM CST The U.S. geoscience…

Goldman Sachs: U.S. Tariffs Will Have Short-Lived Limited Impact on Oil Prices

ByTsvetana Paraskova– Feb 03, 2025, 5:13 AM CST International oil and gas prices will see a limited short-term impact from President Trump’s new tariffs on Canada, Mexico, and China, according…

Why Is the USA Natural Gas Price Up Today?

It’s a double-whammy today for Henry Hub prices. That’s what David Seduski, the head of North American gas at Energy Aspects, told Rigzone in an exclusive interview on Monday when…

  • Gas
  • February 3, 2025
First for hydrogen as EU issues €1.25bn to energy projects

The European Commission will grant almost €1.25bn ($1.3bn) in funding through the Connecting Europe Facility (CEF) to a raft of energy initiatives including hydrogen and carbon capture, utilisation and storage…

  • Gas
  • February 3, 2025
Low-carbon ammonia to be produced in UAE’s first methanol plant

The UAE’s first methanol plant will manufacture low-carbon ammonia among other products from 2028. The $1.7bn project, designed to unlock new domestic chemical value chains, will be located in Al…

Vitol Expects Oil Demand to Remain Robust Until 2040

Crude oil demand will remain at current levels over the next 15 years at least, commodity trading major Vitol has forecast, shattering earlier predictions from outlets such as the International…

Oil Prices Start the Week Higher Following Trump’s Tariffs

ByIrina Slav– Feb 03, 2025, 2:20 AM CST Crude oil prices began trade this week with a gain following President Trump’s announcement of 25% tariffs on most Canadian and all…

USA Oil Refiners Look to Latin America, Iraq After Trump Tariffs

US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes following President Donald Trump’s tariff salvo, according to traders.…

  • Gas
  • February 3, 2025
Saudi deal targets ammonia shipping as global prices rise

A newly formed alliance in Saudi Arabia aims to address the rapidly increasing global demand for ammonia and liquefied petroleum gas (LPG). Bahri (The National Shipping Company of Saudi Arabia)…