President Biden’s last-minute move to restrict oil and gas production on his way out of the White House before President-elect Trump takes office was met with swift condemnation from business and energy groups. With just two weeks left in the Oval Office, Biden issued an executive action Monday that bans new drilling and further oil and natural gas…
El precio del gas natural cae más del 1 % en el mercado europeo a pesar de que Ucrania interrumpió el miércoles el transito de este hidrocarburo entre Rusia y la Unión Europea (UE). A las 11 horas (10:00 GMT), el gas natural para entrega a un mes bajaba un 1,4 % en el mercado…
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN. GasBuddy, which has accurately forecasted gas prices the past several years, expects the national average for regular gas to fall to $3.22 a gallon next year. That would…
Energy and climate are expected to be divisive issues in 2025 as President-elect Trump, backed by GOP majorities in both the House and Senate, looks to expand U.S. energy development while congressional Democrats worried about the effect on global warming seek to stymie him. Here are five figures likely to make headlines on energy and environmental issues…
Argentina avanzó en las últimas semanas con proyectos estratégicos que potencian el desarrollo de Vaca Muerta, consolidando su posición como exportadora de petróleo y de gas natural. Esas iniciativas están lideradas por las principales petroleras del sector, con un rol destacado de la estatal YPF. El sector proyecta exportaciones anuales por USD 30.000 millones a partir…
Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago. The U.S. is the world’s largest exporter of the superchilled gas and a key provider of gas to…
El Parlamento alemán acordó el viernes eximir a los países de tránsito de la tasa nacional sobre el gas, una medida bien acogida por los países vecinos del este, que argumentaron que la tasa obstaculizaba sus esfuerzos por diversificarse y alejarse de los suministros rusos. Alemania acordó en mayo suprimir la tasa tras la fuerte…
Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a draft of its revised basic energy policy, as it makes a clean energy push while meeting rising power demand. As the world’s second-largest importer of liquefied natural…
A drillship participating in a major gas and oil development project in the East Sea arrived at its first drilling site Tuesday, as it prepares to begin exploration operations amid growing uncertainties in the project due to domestic political situations, according to industry sources. The West Capella, operated by Norway-based Seadrill Ltd., arrived at the…