Transgaz CEO Ion Sterian recently met in Bucharest with the management of state partner Srbijagas, represented by CEO Dušan Bajatović, to discuss details of the construction of the gas interconnector between the two neighboring countries. “Today’s discussions were thorough and practical. They followed the meeting two weeks ago when the Memorandum of Understanding on the […]
According to Ernst & Young, M&A activity is expected to continue this year and into 2025, driven by further mega-deals | Photo: Reuters 3 minutes reading time Last updated: August 20, 2024 | 11:34 am IS Deal activity in the oil and gas industry rose 57 percent last year as energy companies increased spending on […]
Iran is launching a $70 billion investment program to halt the dramatic decline in production at its key South Pars gas field. Failure to do so will result in 40 percent of the country’s oil production from the Persian Gulf Star gas condensate refinery being lost and petrochemical costs increasing by as much as $12 […]
ROANOKE, Va. (WDBJ/GasBuddy News Release) – Average gasoline prices in Roanoke have fallen 6.5 cents per gallon over the past week, averaging $3.22/g on Monday, according to a GasBuddy survey of 155 Roanoke gas stations. Prices in Roanoke are 9.4 cents per gallon lower than a month ago and 31.3 cents per gallon lower than […]
With geopolitical unrest around the world and extortion attempts by cybercriminals, concerns about cybersecurity in the oil and gas sector are greater than ever. Analysis by GlobalData shows that despite a 35% decline in cybersecurity mentions in global oil and gas company filings in the second quarter of 2024 compared to the previous quarter, full-year […]
A U.S. appeals court on Friday, August 16, 2024, invalidated several natural gas pipeline safety standards issued by President Joe Biden’s administration after industry criticism of the enormous costs to pipeline operators, Reuters reports. The U.S. Court of Appeals for the District of Columbia Circuit said the U.S. Department of Transportation’s Pipeline and Hazardous Materials […]
Brazos Midstream, a Permian Basin-focused company, has announced the completion of a new gas processing plant and further expansion plans, GlobalData reports. The 200 million cubic feet/day Sundance I plant in Martin County, Texas, is scheduled to begin operations in October 2024. This is an important step in the Company’s strategy to improve its infrastructure […]
NEW YORK (WABC) — A new look at Con Ed’s pricing brings the energy provider under criticism. A report by Congressman Ritchie Torres found that Con Ed customers pay twice as much as customers with service from National Grid. The report cites a comparative analysis showing that a property in the Bronx pays ConEd $1.29 […]
Date 18.08.2024 15:12:33 (MENAFN- Khaleej Times) U.S. energy companies this week shut down production at oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its widely watched report on Friday. The number of oil and gas rigs, an early […]
Monday, August 19, 2024, 8:56 a.m.Press release: Green Building Council New analysis of the Ministry of Environment’s latest fossil gas demand modelling and MBIE’s latest fossil gas production forecasts show that current shortages will increase dramatically in the coming years unless the government takes action to reduce demand, says Andrew Eagles, CEO of the New […]
