Oil majors emphasize the need for greater investment in oil and gas, citing energy security concerns and rising global energy demand. Scientists and environmentalists argue that cutting fossil ...

The share of domestic gas supply of total German supply was 5.7%, while domestic oil production met about 2.2% of Germany’s oil consumption in 2023, figures by BVEG showed. Germany’s oil and ...

Experts are calling for continued price volatility in the global oil and gas market in 2024. Thanks to factors including Saudi Arabia's voluntary oil production cuts and a drop in US commercial ...

Occidental Petroleum and other oil and gas firms. Political consultants and signature-gathering firms received almost all of that spending. The concept, however, could still advance in another form.

it has “high capital intensity and low returns,” putting future projects “at risk.” Oil and gas as well as metals and mining companies will meanwhile be “relatively unaffected” by the higher interest ...

I cover oil ... natural gas vehicle fleets in the world. About 15,000 vehicles are being converted to gas each month, and there is a total converted CNG figure in Argentina of over 2.5 million.

AUSTIN According to newly released data from the Texas Workforce Commission, employment in the upstream sector of the Texas oil and gas industry grew by 4,500 jobs in March, representing the ...

A Labour government should commit to supporting the UK’s oil and gas industry to aid the ... also be a real driver of economic strength and the driver of high quality jobs up and down the ...

In early April, two federal agencies canceled permits to drill eight new oil and gas wells that included the potentially polluting use of chemical fracking on land within the southeastern portion ...

Natural gas settled ... increased by 2.7 million barrels from the previous week. It looks that traders also worry about high interest rates and their potential impact on oil demand.

The U.S. oil industry’s top lobbying group says Biden administration rules restricting oil and gas leasing in 13 million acres of Alaska’s petroleum reserve are “misguided.” The American ...

JUNEAU, Alaska (AP) — The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help ...