Murphy Oil Corp has reported $225.8 million in net income adjusted for nonrecurring items for the second quarter nearly six times that of the same three-month period last year as soaring oil prices offset lower production and weaker gas prices.
Tanzania has signed a series of infrastructure investment agreements with Africa50, TANESCO, TPDC and TAQA Arabia to advance power transmission through public-private partnerships, expand industrial use of natural gas, and improve kidney dialysis services.
The Philippines is emerging as a leading candidate for the world's first commercial geologic hydrogen industry, thanks to what are believed to be the largest natural hydrogen seeps on Earth.
Ukraine struck two of Russia’s oil refineries overnight, the latest in a flurry of attacks that show a resumption of the assault on the nation’s fuel-production industry.
More than 1,600 days after Russia launched its full-scale invasion of Ukraine, the Kremlin is facing growing military and economic pressure.
Planned reserves would cover about two months of crude and LNG demand, six weeks of LPG use, while Proposed levies could raise about $1.5 billion annually from cooking gas and natural gas users.