Chevron, ExxonMobil press on with Permian growth plan
ExxonMobil expects oil and gas production in the Permian Basin to increase...
ExxonMobil expects oil and gas production in the Permian Basin to increase by 25% year-on-year while Chevron is targeting comparable growth of 15%, the firms said on Friday. Chevron drew 696,000 barrels of oil equivalent per day from the Basin in the second quarter, while ExxonMobil extracted over 550,000 boe/d, figures released by the companies show.
Hezbollah Threatens Israel With War Over Disputed Gas Field
Lebanon’s armed Hezbollah group ...
Lebanon’s armed Hezbollah group warned Israel on Sunday against drilling at an offshore gas field, renewing a threat that it could escalate the offshore border demarcation dispute to a war.
Hezbollah, backed by Iran, aired a video on its Al-Manar television channel, showing drone footage of Israeli barges at the gas field and their coordinates. The video ends with footage of a rocket with the words “within range” in Arabic and Hebrew. The text on the video message opens with “Playing with time is useless,” also in both languages.
Israel and Lebanon, which do not have diplomatic relations, are in a years-long dispute over the demarcation of their territorial waters in the Mediterranean.
Oleksiy Vadatursky, one of Ukraine’s wealthiest businesspeople, was killed along with his wife in a Russian missile attack on their home in the port city of Mykolaiv.
England’s national soccer team won their first major women’s tournament by beating Germany in extra time at the Euro 2022 final.
New York City called the monkeypox outbreak a public health emergency. NY has the most cases out of all US states.
Debris from a large Chinese rocket fell back to Earth on Saturday, drawing criticism for its uncontrolled re-entry. US officials have knocked China three times now for being careless with rocket debris.
The horror: Hershey said it won’t be able to meet demand for candy this Halloween
Australia tells exporters to keep natural gas at home to avoid an energy crunch
Australia has warned of a liquefied natural gas crunch on its eastern coast and will tell exporters to...
Australia has warned of a liquefied natural gas crunch on its eastern coast and will tell exporters to keep their supplies at home to make up any potential shortfalls.
The Australian Competition and Consumer Commission said in a statement on Monday that exporters must divert gas to the domestic market to prevent a 56 petajoule shortage by 2023.
India's GAIL rationing gas as former Gazporm unit cuts supplies
NEW DELHI (Reuters) - India's largest gas distributor GAIL (India) Ltd has started gas rationing, cutting...
NEW DELHI (Reuters) - India's largest gas distributor GAIL (India) Ltd has started gas rationing, cutting supplies to fertilizer and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said.
Lower gas supplies will affect impact India's urea production, and a sustained cut would lift imports of the soil nutrient, a fertilizer industry source aware of the cuts said.