As the oil and gas industry continues to experience significant consolidation, Vital Energy and Northern Oil and Gas (NOG) have announced a major $1.1 billion acquisition of Point Energy's assets. This acquisition is designed to enhance their operational capabilities and scale within the
Kuwait has recently made a significant breakthrough in the oil and gas sector with the discovery of a substantial reserve in the Al-Nokhatha field, offshore east of Failaka Island. This milestone, achieved by the Kuwait Petroleum Corporation (KPC) in collaboration with its subsidiary, the Kuwait
In a groundbreaking consensus at the COP28 UN Climate Change Conference, nations across the globe pledged to accelerate the departure from fossil fuels, with ambitious pollution-reduction objectives aimed at curbing global warming to under 1.5 degrees Celsius above pre-industrial levels. This
Chesapeake Energy, a prominent name in the U.S. natural gas sector, finds itself navigating through a period of market tumult marked by a significant slump in gas prices. The organization, recognized for its expansive shale operations, has embarked on a drastic strategic shift. This recent pivot is
Spain is taking a future-focused leap in the energy sector by channeling substantial investment into the production of biogas. This move towards renewable energy sources is underscored by a €50 million budget aimed at fostering the development of new biogas facilities. Specifically, the Catalan r
Introduction to Australia's Future Gas Strategy With a firm eye on a sustainable future, the Australian Federal Government has introduced the "Future Gas Strategy," a plan envisaged to integrate natural gas into the nation's journey to net-zero emissions by 2050. Spearheaded by
