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After inching higher most of the session on Friday, natural gas futures plunged into the close to finish lower for the day. The selling was intense but not enough to take out the Monday’s...
 
BP is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans to cut debt, according to people familiar with the matter. London-based BP is...
 
The Brihanmumbai Municipal Corporation (BMC) on Sunday said the situation is under control after several residents complained of suspected gas leak from Chembur, Ghatkopar and adjoining areas in the...
 
KUALA LUMPUR (Bernama): Tengku Muhammad Taufik Tengku Aziz, currently Petroliam Nasional Bhd's (Petronas) group chief financial officer, will take over the helm of the national oil firm from Tan Sri...
 
The Federal Government has been urged to set up independent gas flares reporting and auditing protocols to determine the exact volume of gas flared by oil companies in the country. Besides, the...
 
TOWSON, Md. (WJZ) — The national average for a gallon of regular unleaded gasoline has reached $2 for the first time since the end of March, according to AAA Mid-Atlantic. Gas prices across...
 
A Russian search and rescue ship has accompanied the establishment of a new gas drilling rig off the coast of Beirut since March, an action that strengthens Russia’s economic and military...
 

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The U.S. oil and natural gas industry have faced one of the roughest patches in recent history with the current global pandemic of COVID-19. Continue reading
The global demand for natural gas is getting severely affected by the COVID-19 pandemic. Rystad Energy forecasts that the natural gas demand would not fall to the same extent as the demand for oil. Continue reading
In the face of the novel coronavirus, the energy producers are facing the most significant demand shock to hit the markets in decades. The Covid-19 outbreak has already claimed thousands of casualties. UBS recently warned that the pandemic could bring … Continue reading