Economy
EIA Storage Statistics for Natural Gas Reached 85 Bcf
The U.S. Energy Information Administration (EIA) announced a storage of 85 billion cubic feet of natural gas for the wee...
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Technology
Development of Long-Duration Chinese Batteries and Their Impact on the Power Grid
The development of long-duration batteries by Chinese manufacturers could reduce the demand on the current power grid. T...
Oil and Petrochemicals
The Shutdown of the 15 Texas Eastern Pipeline in Kentucky Increases Pressure on Appalachian Natural Gas Prices
The shutdown of the 15 Texas Eastern pipeline in Kentucky will continue until early November, leading to a decrease in n...
Oil and Petrochemicals
Equinor Discovers New Gas in the Gullfaks Field in Norway
Equinor has discovered new gas in the Gullfaks field, located in the North Sea, which will help maintain production and...
Oil and Petrochemicals
Reduction of Russian Crude Oil Imports to India to 310,000 Barrels per Day
Crude oil imports from Russia to India have averaged 310,000 barrels per day in the four weeks ending October 4, marking...
Oil and Petrochemicals
Equinor Makes New Gas Discovery at Gullfaks South Field
Equinor ASA and its partners announced a natural gas discovery equivalent to 3.3 to 10.3 million barrels of oil at the G...
Oil and Petrochemicals
Hamid Bord traveled to Turkmenistan
Hamid Bord, the head of the Ministry of Oil, traveled to this country at the invitation of the President of Turkmenistan...
Oil and Petrochemicals
Increase in Oil Prices Due to Intensified Attacks on Iranian Oil Tankers
WTI crude oil price in New York rose by 3.6% to $91.49 per barrel. Additionally, Brent oil price for December delivery i...
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Kazakhstan and Uzbekistan Sign Agreement with the UAE for the Development of Afghanistan's Railway
Kazakhstan and Uzbekistan have signed an agreement with the United Arab Emirates to facilitate the development of a rail...
Analysis
Forecast of the Natural Gas Market Balance in the U.S. for Winter 2023
Experts predicted in a webinar that the U.S. natural gas market will face a good balance in winter 2023. However, increa...
Oil and Petrochemicals
LNG Alliance Plans Second LNG Project in Mexico
A subsidiary of LNG Alliance Singapore is seeking a permit from the U.S. Department of Energy to export natural gas to a...
Exclusive Report
U.S. Natural Gas Supply Growth Will Outpace Winter Demand
Natural gas supply growth in the United States will outpace winter demand despite rising LNG exports. This situation wil...