Oil & Gas

European Natural Gas Prices To go beyond Double By 2024

It is predicted that the European Natural Gas price is likely to get more than doubled in 2024 because of the shortages that have been caused due to Russian export drops. It is well to be noted that greater...

Tax Overhaul To Offset Revenue Decline By Russian Oil Firms

Russia is on the verge of completely overhauling the tax rules so as to offset the drop in revenues from the oil companies that have been hit by price caps as well as international sanctions, with changes that are...

Gas Flaring Restrictions To Be Tightened More – EPA Urged

Congressional Democrats have urged the Environmental Protection Agency to make its proposal more robust in order to regulate the planet warming methane gas emissions from the nation’s oil and gas industry. The letter, which apparently was led by Senator...

Russian 500,000 Barrels A Day Cut To See A Further Increase

According to a Reuters report, Russia is all set to increase the 500,000 barrels per day cuts it announced for next month in what appears to be retaliation for Western sanctions by cutting petroleum exports from western ports by...

Oil Output On OPEC+ Deal To Remain Locked Till 2023 End

Prince Abdulaziz, the Saudi Energy Minister, confirmed that the current OPEC+ deal when it comes to oil output is going to be locked-in till the end of this year, adding that he remains cautious when it comes to demand...

IEF Suggests An Investment Upsurge To Avoid Oil & Gas Dip

It has come to light that almost $4.9 trillion worth of upstream investment in oil and gas will be required by 2030 so as to ensure sustained supplies as well as prevent an energy crisis in the upcoming years,...

Russia-China Come Together As 2 Gas Pipelines To Be Built

Russian Deputy Prime Minister, Alexander Novak has gone on to confirm that two gas pipelines’ construction from Russia to China is going to attract a direct investment of around $94bn. He went on to say that the construction of Power...

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