gas

United States Of America - Oil Rigs and taps active and coming online are trending higher according to industry tracking reports by the company BAKER HUGHES. A sign future output will grow domestically but more work is needed as political struggles continue. Since 1944, when Baker Hughes Company began weekly counts of drilling activity in…

COPENHAGEN - The Danish portion of the Baltic Pipe, which will connect Poland to Norwegian gas reserves, has resumed construction after a 33-month pause, according to Danish grid operator Energinet on Tuesday. The pipeline was supposed to lessen Poland's dependency on Russian gas, however it was suspended in May 2019 owing to environmental…

UNITED STATES OF AMERICA — The US Department of Energy (DOE) stated today that it will invest up to $20 million to reduce the cost of creating geothermal energy by showing faster drilling technology that will reduce the overall time, labor and costs required to create geothermal projects. DOE is aiming to significantly reduce the cost of…

Washington, D.C. - The Federal Trade Commission’s Chair, Lina Khan, has been personally asked by President Joe Biden to analyze the influence of oil and gas companies on the relentless rising price tag of gasoline. Extensive investigation of Exxon Mobil and Chevron, the two greatest oil and gas companies in the U.S., has been requested. …

Washington, D.C. - On Thursday, WTI crude oil futures settled 0.3 percent higher at $75.03 a barrel, resulting in a more than 9 percent monthly gain for the month of September, the largest monthly gain since June. Chinese state-owned energy companies were ordered to secure supplies for the upcoming winter season, according to reports. This…