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Oil & Gas

U.S.A OIL, GAS ACTIVITY PICKS UP BUT SLOW START TO THE YEAR.

The total number of active drilling rigs for oil and gas in the United States rose by 6 this week, according to new data that Baker Hughes published on Friday, bringing the total rigs gained this year to 7.

  • 2 years, 7 months
Oil & Gas

JAPAN LOOKS TO RESTART THE WORLD’S LARGEST NUCLEAR POWER PLANT.

Japan is intensifying its efforts to gain approval from local authorities for the restart of the Kashiwazaki-Kariwa nuclear power plant, the world's largest, located north of Tokyo.

  • 2 years, 7 months
Oil & Gas

SHELL FOCUSES ON INVESTOR RETURNS AS CLIMATE GOALS TAKE A BACKSEAT.

The CEO of Shell received £7.94 million despite the company lowering its net zero targets. The new targets focus on reducing the carbon intensity of products sold, rather than overall emissions reduction.

  • 2 years, 7 months
Oil & Gas

U.S.A: RISING GASOLINE PRICES ARE BAD NEWS FOR BIDEN.

The recent increase in gasoline prices in the U.S. is causing inflation to rise higher than expected, which poses challenges for both the Federal Reserve's monetary policy and President Joe Biden's efforts to convince voters that the economy is performing well.

  • 2 years, 7 months
Oil & Gas

JAPAN LOOKS TO BUDDY UP TO ALLIES FOR LNG SUPPLY POST-2030.

Japan is seeking help from Western allies to secure LNG contracts beyond 2030, as the risks of relying on Russia for supplies have become apparent since the Ukraine invasion.

  • 2 years, 7 months
Oil & Gas

BIG OIL PURSUES AFRICAN EXPANSION DESPITE CHALLENGES.

Investments in new oil production have been slowing down since around 2014, leading many to predict that higher prices are likely to persist, supported by energy policies in key jurisdictions that are against the oil industry.

  • 2 years, 7 months