Statoil ASA (STL), Norway’s biggest energy company, will sell its 15.5 percent stake in the Shah Deniz field in Azerbaijan to Malaysia’s Petroliam Nasional Bhd for $2.25 billion as it seeks to reduce investment and prioritize high-value projects.
The share-price boom at U.S. energy firms has gone bust, due to slumping global growth and tumbling crude prices.
EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will decrease this winter heating season (October 1 through March 31) compared with last winter, which was 11% colder than the previous 10-year average nationally.
Sanctions against the Russian Federation, more specifically in its energy section, seem to have been gradually nullified due to a counteraction by Moscow, which as of late made significant progress on several long-standing issues that have long-term effects on the global natural gas sector.
Газовый рынок развивался во всех регионах мира в течение последнего времени чрезвычайно динамично, изменения происходили очень-очень быстро, стратегии, которыми руководствовались компании на рынках, очень быстро устаревали.
The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”.
After this summer’s war in Gaza battered Israel’s international reputation, the country’s leaders say they have a new foreign policy tool to build relations with its neighbors: natural gas.
Canada is one of the world's five largest energy producers and is the principal source of U.S. energy imports.
Malaysia is the world's second-largest exporter of liquefied natural gas and the second-largest oil and natural gas producer in Southeast Asia, and is strategically located amid important routes for seaborne energy trade.
LNG investments could soon increase as the fuel could soon benefit from a rising demand for gas from the transport sector.