Nigeria could put further downward pressure on crude oil prices, if its resurgent production is sustained and the country resumes exports at full capacity, with a 17-month record high exports expected in August.
After years of delays, Iran started on Wednesday evening natural gas exports to neighbouring Iraq, Iranian deputy petroleum minister for international affairs Amir Zamaninia told state-run Islamic Republic News Agency (IRNA).
Rosneft CEO Igor Sechin told shareholders in its annual meeting on Thursday that the $13 billion take-over of Essar Oil is now considered closed, after final clearance given by the Indian company’s lenders.
The Kemper facility, a first-of-its-kind “clean coal” power plant that utility-owner Southern Co. spent years and billions of dollars constructing in Mississippi, may never burn coal — and instead will fire with natural gas.
Amid a liquefied natural gas (LNG) oversupply in the global market, U.S.’s Cheniere Energy is offering liquefaction capacity for lower prices and shorter terms than previously to attract new customers and finance its expansion.
A coalition of environmental groups is asking the Federal Energy Regulatory Commission to conduct a formal investigation of the under-construction Rover Pipeline and the environmental problems created in Ohio, Kallanish Energy reports.