Gas producers in the United States scrimped on price hedges and now face a punishment.

Natural gas price declines will affect gas producers' first-quarter profitability and cash flows because hedges - the industry's equivalent of price insurance - were insufficient to offset predicted losses, according to analysts and industry experts. Producers who begin the year with fewe...

An asthma research has sparked a discussion about whether or not using gas in the kitchen is safe.

In the United States, proposals have been made for stricter regulation of kitchen stoves in light of new research that ties natural gas cooking to roughly 12% of childhood asthma cases. With an effect on health similar to second hand smoke, the study's authors concluded that their data reveal...

Russia now ranks among India's most important crude oil suppliers to the Hardeep Puri

The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, made the statement on Friday as Prime Minister Narendra Modi and Russian President Vladimir Putin discussed their countries' bilateral ties and energy cooperation over the phone.

Puri, speaking at a press conferen...

Quarterly Profit for Exxon Hits All-Time High, Almost Equals Apple's

On Friday, Exxon Mobil Corp. reported a quarterly profit that nearly matched that of tech giant Apple, shattering analysts' forecasts thanks to rising energy prices.

With rising natural gas and oil prices, the company's net profit for the third quarter of 2018 was $19.66 billion...

The chancellor of Germany claims to be moving quickly to discover alternatives to Russian gas.

As pressure increases on his government to find solutions to address an impending crisis, the German chancellor, Olaf Scholz, has said he is working as quickly as he can to free Germany from its dependence on Russian gas and pursue other energy suppliers.

On the first day of a three-day...

The price of natural gas has increased significantly in both the US and the EU during the past year

The cost of natural gas for US consumers has increased by more than treble in the last year. According to the Energy Information Administration EIA, natural gas generates around 38% of the electricity used in the US.

Additionally, natural gas is used to heat both the water and space in ...

Some European Union Members Unhappy Over the Gas Consumption Plan

The plan to cut the use of natural gas by 15% is being revised by the European Union officials after concerns were raised by the EU members regarding the set target for reduction.

The Commission’s plan to conserve gas by reducing its use by 15% till spring was made in case Russian...

Why is there a gas issue in Australia?

At a press conference 20 years ago, former prime minister John Howard unveiled the 25-year contract to provide China with liquefied natural gas valued at up to $25 billion from the North West Shelf, which he claimed to be Australia's largest single export agreement in history.

Howar...

TotalEnergies secures a $2 billion stake in Qatar's massive gas project

Qatar announced on Sunday that TotalEnergies of France will be its first foreign partner in expanding the world's largest natural gas field, which will eventually help alleviate Europe's energy concerns.

TotalEnergies chief executive Patrick Pouyanne told AFP that the French ene...

EU designates certain nuclear and natural gas as green

EPA disagrees with TVA's plan to build a gas plant to replace a coal plant. In contrast, it is more difficult for natural gas to remain a bridging fuel in the US.

The Tennessee Valley Authority was recently instructed by the Environmental Protection Agency to reevaluate its first ch...

Concerns about a natural gas emergency loom over Europe

European business executives and leaders are perspiring, but it's not the summer heat. There is concern that Russia's sabotage of the natural gas supply may trigger an economic and political crisis the following winter. Or, worst-case scenario, much earlier if Russia abruptly shuts off th...

No EU-related miracle drug

The energy-starved Europe can receive more gas from Algeria, Egypt, and Israel, but this will only reduce its reliance on Russian imports to a certain extent.

It is important to recognise the importance of North Africa in the commerce of natural gas. North Africa had a key role in revol...

Impact Of Hike In Petrol Prices

In an attempt to escape the impact of rising oil prices, thousands of drivers are racing to automobile repair shops to install liquefied petroleum gas (LPG) or electric systems in their cars. Energy Reform's president, Surasak Nittiwat, said that the business has seen a 200 percent year-over-...

A joint venture gives the green light to a long-delayed gas project

SHELL and its joint-venture partner SGH Energy have approved the development of the Crux natural gas project off the coast of Western Australia with a final investment decision (FID).

It was rumoured two years ago that the project's FID will be postponed. This came after Shell postp...

As revenues grow, ExxonMobil and Chevron pour cash at investors

Both corporations have avoided having to boost their capital investment to fund drilling and development.

Despite reduced oil and natural gas volumes, ExxonMobil and Chevron declared record earnings on Friday, returning billions of dollars to shareholders following record crude prices a...

According to Vortexa, a European ban on Russian crude risks Moscow utilising natural gas as a "power instrument" in its arsenal

Despite its reliance on Russian oil, Europe is under pressure to prohibit imports, but doing so would raise the very real possibility of Moscow retaliating with a halt in natural gas exports, perhaps plunging the entire area into recession, according to energy market intelligence firm Vortexa.

Russia Plans On Suspending Natural Gas Supply to Bulgaria and Poland

Energy companies and authorities have said that Russia is planning to halt natural gas supplies to Bulgaria and Poland from Wednesday onwards.

PGNiG, a Polish state oil, and gas company announced on Tuesday that the Russian energy corporation Gazprom will be suspending gas supplies to t...

Natural gas from the United States is in high demand in Europe. This could raise prices in the United States

The unexpected need for an alternative to Russian energy in Europe is causing a boom in the United States, which is the world's second-largest supplier of liquefied natural gas. However, it may pose new issues like Jackie Johnson, whose side business producing Black Angus cattle just become a...

Santos reports recording sales and volumes following the merger, as well as high natural gas prices

Since completing a merger with Oil Search Ltd. in December, the producer has reported its first full quarter of earnings. The addition of liquefied natural gas (LNG) and oil assets in Papua New Guinea and Alaska, according to management, boosted volumes and sales numbers over time.

Acco...

BHP's oil and gas output fell 5% year on year between January and March

BHP reported a 5% drop in oil and gas production for the January-March quarter compared to the previous year, owing to lower seasonal gas demand from its involvement in the Gippsland basin joint venture (GBJV) offshore Victoria and lower well productivity at its Atlantis oil field in the US Gulf ...