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Exxon puts Permian assets up for sale


Exxon puts Permian assets up for sale

As Bloomberg reported, Exxon wants to sell some conventional oil and gas reserves in the Permian Mountains. The proceeds from the potential sale are expected to be around one billion dollars. In a written response to the publication’s questions, Exxon said the company is “reviewing market interest in select conventional assets in West Texas and […]

Net-zero scenarios underestimate energy demand growth, says Gas Union


Net-zero scenarios underestimate energy demand growth, says Gas Union

The various decarbonization pathways and scenarios likely underestimate the rate at which global energy consumption is increasing, which could lead to a natural gas supply gap by the end of the decade, the Switzerland-based industry organization International Gas Union (IGU) said on Tuesday in its Global Gas Report 2024. If global demand for natural gas […]