Economy
NOAA's New Forecast for Natural Gas Prices in the Northeastern United States
NOAA's new forecast regarding above-normal temperatures in the Northeastern United States has implications for natural g...
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Oil and Petrochemicals
NG Energy Commences Operation of Aruchara-6 Well in Colombia
NG Energy International has commenced operation of the Aruchara-6 well in the Maria Conchita block of Colombia. This wel...
Economy
Exit of Startup Electricity Suppliers in Germany Due to Rising Wholesale Prices
Two new electricity suppliers in Germany have exited the market due to a sharp rise in wholesale prices and changes in r...
Analysis
Decline in Natural Gas Reserves in the Pacific Region Due to Cooling Needs
Natural gas reserves in the Pacific region decreased in early October due to high cooling demand. Utilities resorted to...
Technology
Worley Rosenberg Receives Construction Contract for Northern Lights CCS Project
Worley Rosenberg has secured a construction contract for the subsea structures of the Northern Lights CCS project in Nor...
Oil and Petrochemicals
Equinor Extends Drilling Contract in the Deep Sea Atlantic Field Until 2027
Equinor Energy has extended its drilling contract with the semi-submersible Deep Sea Atlantic rig until late 2027. This...
Economy
Profitability of Remaining Coal Power Plants in Europe Due to Global Gas Crisis
Coal power plants in Germany and Poland have become profitable due to rising gas prices and the need for stable electric...
Oil and Petrochemicals
Ukraine Continues Its Attacks on Russian Oil Facilities
Ukrainian forces attacked facilities in the Ryazan region of Russia. This action followed Volodymyr Zelensky's expressio...
Oil and Petrochemicals
Golden Pass LNG to Commission Two Liquefaction Units by 2027
Golden Pass LNG plans to commission its two liquefaction units in 2027. This comes as natural gas deliveries to the Texa...
Oil and Petrochemicals
Saudi Arabia's Petrochemical Production Amid Maritime Disruptions
Disruptions in ship traffic in the Red Sea have impacted Saudi Arabia's petrochemical industry and posed challenges to r...
Oil and Petrochemicals
Decline in Natural Gas Prices in Futures Markets with Distinction Between the East and the Permian Basin
Futures prices for natural gas decreased from October 9 to 14 due to mild weather conditions. This decline was accompani...
Oil and Petrochemicals
PetroChina's Record-Breaking Commercial Profit Forecast Exceeds $3 Billion
PetroChina's commercial profit is expected to exceed $3 billion this year due to the Middle East crisis and rising oil p...