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Carbon Emissions
Exxon Says World Set to Fail 2°C Global Warming Cap by 2050
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. REUTERS/Pascal Rossignol Acquire Licensing Righ…
Hydrogen Project
Texas Could Become a Hydrogen Fuel Economy Leader, Says Rice U Report
Rice University’s Baker Institute for Public Policy indicates that clean energy could be the state’s future.The same energy and geology that has mad…
Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Oil Shale
US Shale Still Finding Footing amid Market Chaos
US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…
Oil Price
Could Oil Prices Really Hit $200?
Commodity prices, including oil and natural gas, are all over the place.
Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
Oil Exploration
Japan’s Inpex to Start Domestic Exploratory Drilling
Japanese upstream firm Inpex is planning to start exploratory drilling offshore the country's western Shimane and Yamaguchi prefectures in a search for oil and …
Oil&Gas Drilling
Indian State Oil Giant To Significantly Expand Oil Exploration
Indian state firm Oil and Natural Gas Corporation plans to raise fourfold its exploration and production acreage by 2025
India
India Looks To Increase Oil Production By Selling Stakes In Oilfields
India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…
Crude Oil
U.S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their tot…
Joe Biden
Joe Biden Administration Likely to Strengthen India-US Renewable Alliance
India’s energy ties with the United States have increased multifold in recent years, with imports of crude oil and natural gas gathering momentum under former …
Crude Oil
Video: China's Largest Oil-and-Gas Field Reports Record Output
China's largest oil-and-gas field has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year, hitting a record high.
Oil Field
China's Changqing Oilfield Exceeds 60 million tonnes of Annual Output
Changqing Oilfield, China's largest oil-and-gas field, has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year to hi…
Crude Oil
ONGC Opens Eighth Hydrocarbon Producing Basin of India
State-owned Oil and Natural Gas Corporation on Sunday opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin…
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