Gas to overtake coal as world’s second largest energy source by 2030

2018 stands already as the best year for global oil and gas exploration since 2015. Guyana, Russia and the United States top the list with major discoveries. Discovered resources have already surpassed 8.8 billion barrels of

Diversified Gas & Oil PLC (LON: DGOC), the U.S. based owner and operator of natural gas-, natural gas liquids- and oil-producing assets today announced that it will pay a dividend of 3.30 cents per share in

Diversified Gas & Oil PLC (LON: DGOC), the US based gas and oil producer, announces that Cenkos Securities plc has been appointed as the Company’s Nominated Adviser with immediate effect. This appointment follows the completion of

They say numbers don’t lie, and the last two weeks for the U.S. oil and gas industry have seen the announcements of some pretty amazing numbers. These are numbers that demonstrate exactly how productive and efficient

US proved reserves of crude oil and natural gas reached all-time highs at year-end 2017, as higher commodity prices encouraged more drilling and expanded the scope of what operators deem economically recoverable. Proved oil reserves for

Commenting on the operations and trading update, DGO’s CEO Rusty Hutson said: “We are very pleased with the progress we are making in terms of integrating the most recently acquired assets from Core and extracting maximum

GlobalData’s latest thematic report, Impact of China on Oil & Gas suggests that China’s large domestic demand for oil and gas, and heavy dependency on imports, makes it one of the most lucrative markets for the

North American natural gas bets are moving closer to the nerve centers of the shale boom in the U.S. East. In a ranking of the gas hubs with the largest physical trading volumes, Louisiana’s Henry Hub

The industry has finally moved past years of “cautious optimism” to a less delicate approach. Oil and gas executives are largely optimistic about the 2019 outlook for the industry, reveal findings from a new Deloitte survey.

The energy sector will play a crucial role in the future of Ohio’s economic development, industry leaders and politicians agree, especially as petrochemical and gas-powered energy plants come online in the coming years. Since the beginning

Natural gas production in November is expected to increase the most in the Appalachian Basin, which includes the Marcellus and Utica shales. Production is expected to reach 29.77 Bcf/d, up from 29.45 Bcf/d in October.   Diversified

Commenting on the Acquisition, Diversified Gas & Oil’s CEO Rusty Hutson said: “Our strategic acquisition of Core will allow us to unlock significant value from our enlarged base of assets in Kentucky and West Virginia that

Petrochemical products like plastics will become the most prominent driver of oil demand in the coming years, the executive director of the International Energy Agency (IEA) told CNBC Monday. “When we discuss oil demand, peak oil

Global oil consumption will reach 100 million barrels per day (bpd), which is more than twice what it was 50 years ago, in the next few weeks and it shows no immediate sign of falling. Despite

Predicting the future of the natural gas industry is a bit like following Alice through the looking-glass, according to an independent energy analyst, but he believes the story will become easier to read by 2022. Jim

Natural gas production from the U.S.’s seven most prolific unconventional regions is projected to increase nearly 1 billion cubic feet per day (Bcf/d) from September to October, a new survey reveals. The U.S. Energy Information Administration’s