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Petroleum industry

Explore All Petroleum industry News and Updates Here
European LNG Prices Struggle to Keep Up With Oil-Indexed Contracts Amidst Looming Winter Risks

World

17 Sep, 2024
Elena Kowalski

European LNG Prices Struggle to Keep Up With Oil-Indexed Contracts Amidst Looming Winter Risks

European LNG spot prices have struggled to compete with oil-linked contracts as the overarching bearish sentiment in crude oil was...

Oil Prices Plunge as Supply Surges and Demand Falters: Is This the End of the Boom?

World

12 Sep, 2024
Kwame Osei

Oil Prices Plunge as Supply Surges and Demand Falters: Is This the End of the Boom?

Crude oil prices are plummeting, sending shockwaves through the global energy market. The perfect storm of increased supply, weakening demand,...

South Africa's Offshore Gas Block: A Race Against Time as Partners Exit

World

10 Sep, 2024
Maria Garcia

South Africa's Offshore Gas Block: A Race Against Time as Partners Exit

Canadian oil and gas exploration company Africa Energy has confirmed the deadline extension for the environmental impact assessment report (EIAR)...

Falcon Oil & Gas Rebrands as Beetaloo Resources Corp. Ahead of US Listing

Business

10 Sep, 2024
Hans Müller

Falcon Oil & Gas Rebrands as Beetaloo Resources Corp. Ahead of US Listing

For every 250 shares held in Falcon Oil & Gas (LON:FOG) investors will shortly receive just 1 new share in...

UK Oil and Gas Industry on the Brink: Tax Hikes Push Companies Towards Norway

Business

22 Aug, 2024
Emily Brown

UK Oil and Gas Industry on the Brink: Tax Hikes Push Companies Towards Norway

Firms across the UK's oil and gas supply chain have expressed “grave concern” about government plans to hike windfall taxes...

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