How the Russia-Ukraine war is turning natural gas into the ‘new oil’

Natural gas is a fossil fuel that plays a significant role as an energy source. Its primary component is methane, a chemical compound made of one carbon and four hydrogen atoms (CH4). Additionally, natural gas contains

Touchstone Exploration, an independent company based in Calgary, announced highly promising natural gas results from tests conducted at two newly completed exploration wells on its Ortoire onshore block in Trinidad & Tobago. Following these results, the

Natural gas prices have recently experienced a significant rise, with Friday’s trading marking the highest levels since late June. This upward movement comes as a notable rebound from the lows observed in August, indicating a strong

Trinidad, a vibrant Caribbean island, is approximately 5,000 square kilometres in size and lies just northeast of Venezuela, separated by a narrow strait less than 11 kilometres wide. Geographically, it sits within the vast Venezuela Basin,

The oil and gas sector continues to play a critical role in powering economies across the globe, contributing to the production of energy, infrastructure development, and broader industrial growth. While the energy landscape is increasingly shaped

The oil and gas sector continues to play a crucial role in the global energy landscape, despite increasing emphasis on renewable sources. With the world’s energy needs steadily rising, the demand for hydrocarbons remains strong, particularly

Natural gas provides a reliable, continuous energy source that enhances comfort and efficiency. Its consistent supply ensures your home remains warm and inviting, with a uniform temperature throughout. Enjoy uninterrupted hot water whenever you need it,

Touchstone Exploration Inc, a Calgary-based oil and gas exploration company, demonstrated strong financial performance in the second quarter of the year, driven by increased production. Comprehensive income surged to $3.5 million in the quarter ending June

Amid the surging demand driven by artificial intelligence, natural gas is emerging as a potential solution to the power challenges faced by data centres. Goldman Sachs has projected that the United States alone will require an

Ukrainian forces have taken control of a critical section of the natural gas pipeline in Sudzha, a Russian border town in the Kursk region. The conflict in the area has been ongoing for three days. The

Trinidad & Tobago has long been recognised as a pivotal player in the global oil and gas industry. With its rich natural resources and strategic geographical location, the nation continues to attract significant investments and development

Touchstone Exploration Inc. operates within the dynamic oil and gas industry, an essential sector experiencing notable advancements and growth. Despite global challenges, the sector continues to evolve, driven by technological innovations, increasing energy demand, and a

Touchstone Exploration, an independent company based in Calgary, has advanced towards exploring two additional blocks in Trinidad & Tobago. This Caribbean nation is a crucial area for the London-listed company, which began gas production at its

Touchstone Exploration Inc. has announced that its Trinidadian subsidiary, Primera Oil and Gas Limited (POGL), has secured Exploration and Production (Public Petroleum Rights) Licences for the Cipero and Charuma blocks. These licences came into effect on

Touchstone Exploration Inc., a company based in Calgary, has expanded its operations in Trinidad and Tobago through its subsidiary Primera Oil and Gas Ltd. (POGL). The company has secured exploration and production licences for the Cipero

Touchstone Exploration, an independent company based in Calgary, has moved closer to initiating exploration activities on two additional blocks in Trinidad & Tobago. This Caribbean nation is a significant focus for the London-listed company, which began