Regional natural gas producer Diversified Energy continues to make strides in curbing methane emissions and in capping orphaned and end-of-wells, according to its 2023 Sustainability Report. Diversified reduced its “methane
Since the advent of the industrial revolution, man has continued to explore distinct ways of fulfilling energy needs. One of these techniques heavily relied upon is the extraction and burning
Challenger Energy Group plc (LON:CEG), the Atlantic margin focused energy company, has announced that it has entered into a legally binding term sheet for an investment by Charlestown Energy Partners LLC. Highlights: · Charlestown will invest
Uruguay’s offshore blocks went from zero to fully licensed in under three years, committing material work programs estimated at $233 million. Uruguay emerges as a new frontier in offshore energy,
Union Jack Oil plc (LON:UJO), a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced an update in respect of the Wressle hydrocarbon development located within licences PEDL180 and
Oil rates increased on Tuesday due to ongoing tensions in the Middle East and positive economic indicators from China, the world’s largest oil importer. Brent crude, the international benchmark, was
Valeura Energy has made three further oil discoveries with its latest drilling campaign in the Gulf of Thailand. The Nong Yao-13 well in the offshore G11/48 concession, drilled to a
Quadrise said open offer oversubscribed for total of 112.4 million new shares compared to the 82.2 million available. As a result, says a scaling back exercise has become effective, with
China’s first-quarter economic growth data is out and it’s an expectation beater. The country’s GDP grew at a rate of 5.3% during the first three months, versus Reuters economist poll expectations of
Oil steadied on Tuesday with support from data showing China’s economy grew faster than expected and Middle East tensions but weighed by concern that U.S. interest rates may stay higher
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