The oil and gas industry is growing despite net zero demand | OilPrice.com

Oil Gas

The European Union and the United States are on the path to a net-zero economy. Officials in the Atlantic Ocean have made this clear, despite calls from the European Union (EU) for more gas and more oil. Before the advent of Net-Zero – if it succeeds – both the European Union and the United States … Read more

Exxon withdraws from Russia within two months | OilPrice.com

ExxonMobil

The US superstar Exxon Mobil, who has joined other international experts in announcing the withdrawal of Russian oil and gas projects, plans to close all Russian businesses on June 24, citing two sources familiar with the matter, Reuters reported Thursday. In early March, days after Russia invaded Ukraine, Exxon said it would withdraw from Russia’s … Read more

US administration releases $ 385M to help families pay for energy | OilPrice.com

White House

The White House said Thursday that President Joe Biden is seeking to curb rising oil prices to help Americans pay for domestic energy costs through low-income home energy assistance (LIHEAP). And labor at the highest prices in several years at international prices. Recent funding from the US Department of Health and Human Services (HHS) will … Read more

Empire Petroleum announces acquisition of oil and natural gas assets

Make a list to read Published by Sara Simper, Editorial Assistant World Pipes, Thursday, April 21, 2022 14 ፡ 00 Empire Petroleum (‘Empire’) has announced the closure of oil and gas companies in Texas, … Read more

Natural Gas Market for $ 465.52 Billion by 2031, State TMR Study

Governments in many countries are promoting the use of CNG by encouraging police. Increasing efforts are being made to increase the use of CNG. Asia Pacific Compressed natural gas market Albany, New York, April 21, 2022 PRNewswire – Global Compact Natural Gas Market CAGR is projected to grow by 12.3% over the forecast period of … Read more

United States to become largest LNG exporter this year | OilPrice.com

Natural Gas

Five years after the United States Annual natural gas net exporterThe country’s natural gas exports have grown exponentially through pipelines and liquid natural gas (LNG). US Energy Information Administration (IIA) predicts US will outperform Australia and Qatar To become the world’s largest LNG exporter This year, LNG Exports continues to grow at the expense of … Read more

Europe ready to punish Russian energy supplies | OilPrice.com

Europe at night

Energy historian Daniel Yargins told Bloomberg Television on Thursday that Europe could impose sanctions on Russia. “I think we will start to see the restrictions,” he said. The European Union (EU) is seriously considering imposing sanctions on Russia over its nuclear program, as Russian troops condemn unarmed civilians in Bucha. The European Union (EU) has … Read more

Ineos UK Fracking wants to show that it can be secure | OilPrice.com

Surrey

The British government has applied for a license to operate a brake test site to ensure the safety of energy-independent Eneos, one of the largest oil and gas operators in the North Sea. According to the BBC, Eneos believes that the development of domestic shell gas reserves will enable the UK to become self-sufficient within … Read more

Global Oil Flow Operations Industry until 2031

Oil Downstream Activities Global Market Report 2022, by Type, Framework, Application Report has been added to ResearchAndMarkets.com. This report provides important information to strategists, marketers and senior executives to evaluate the global hydraulic unit market. Global oil basin market activity is expected to grow by $ 21,523 billion by 2021 from $ 2,538.57 billion to … Read more