Natural Gas and Oil Forecast: Will OPEC+ Hold Production to Meet Rising Demand?
Wedoany.com Report-Oct 30 , Natural gas and oil prices climbed on Thursday, buoyed by strong U.S. fuel demand and the prospect of supply adjustments from OPEC+. Unexpected drops in U.S. gasoline and c...
German Energy Demand Set to Hit New Record Low as Economy Stagnates
Wedoany.com Report-Oct 30 ,Germany’s energy consumption is poised to drop to a record low for a second consecutive year as Europe’s largest economy stalls, according to research group AG E...
Sanctioned LNG Tankers Cluster Near Russia With Buyers Scarce
Wedoany.com Report-Oct 30 ,Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the country’s far eastern coast, a sign of the difficulties in finding buyers in the mi...
Gazprom Subsidiary Files $880 Million Claim Against Linde
Wedoany.com Report-Oct 30 , A subsidiary of Russias gas major Gazprom has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde and its su...
EIB, WWF Championing Nature-based Solutions Across Europe
Wedoany.com Report-Oct 30 ,In a landmark agreement signed at the United Nations Convention on Biodiversity (COP16) in Colombia, the European Investment Bank (EIB) and the World Wide Fund for Nature (W...
Kinetiko Spuds Second Well In Production Test Program In South Africa
Wedoany.com Report-Oct 30 ,South Africa-focused gas exploration company Kinetiko Energy Ltd. spudded the 271-06PT well in the Mpumalanga Province. This is the second well in the company’s five-w...
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
Wedoany.com Report-Oct 30 , Despite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as governments scaled ba...
Equinor Strengthens Gas Portfolio In US
Wedoany.com Report-Oct 30 , Norway’s Equinor has entered a significant $1.25 billion agreement with EQT Corporation to acquire additional non-operated interests in the Northern Marcellus shale f...
Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas
Wedoany.com Report-Oct 30 ,A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming a major boon ...
Aramco awards Wood key engineering contract for Saudi gas mega-projects
Wedoany.com Report-Oct 29 ,UK-headquartered Wood has won a significant seven-year engineering services contract for Aramco’s Southern and Northern Areas incremental gas project in Saudi Arabia. ...