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
Pulsar Helium, a company focused on helium exploration and development, has entered into a new drilling agreement with Capstar Drilling to further progress its Topaz helium project in Minnesota. The
Challenger Energy has secured approval from Uruguay’s state-owned oil company and regulator, Ancap, for its farm-out agreement with Chevron regarding the AREA OFF-1 licence. Originally announced in March 2024, the
Shipping operators are exploring various options to reduce carbon emissions, each presenting unique commercial, operational, and technical challenges. Among these, biofuels have gained attention as a potentially viable solution. In
In 2024, power producers across the United States have significantly increased natural gas-fired generation, setting new records in the first nine months of the year. This surge in gas usage
Pulsar Helium has secured twice as much land to explore following a new agreement to lease private land located east of Babbitt. This development increases the company’s interest in the
Valeura Energy has reported an increase in oil production, reaching 26.4 mbbls/d in September, which marks a 23% rise from the Q2 2024 average and 22.2 mbbls/d for Q3 2024.
On Monday, oil prices saw a significant rise, with Brent crude surpassing $80 per barrel for the first time since August. This surge, over 3%, was largely attributed to growing
Challenger Energy’s farm-out of the AREA OFF-1 licence to Chevron has received approval from Uruguay’s state-owned oil company, Ancap. This move will make Chevron the operator of the block, acquiring
Producers and consumers need to cooperate to maintain global gas supply security in light of escalating geopolitical tensions, as highlighted in a new IEA report. The demand for natural gas
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