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That recovery clause, set out in newly issued operational guidelines, is the scheme's central bargain — the government carries early geological risk and keeps a claim on any upside
Indonesia cut exports of natural gas to Singapore on Saturday to prioritise domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago. The head of SKK Migas, a state agency supervising the oil and gas sector, said Indonesia would cut a total of 31 million standard cubic feet per day from its supply to Singapore. Fifteen million standard cubic feet per day was being cut from Natuna in Indonesia’s Riau...
Acting president Delcy Rodríguez says a Zulia field hit 115,000 barrels a day, with 120,000 targeted by December, as US and Venezuelan officials toured it. The post Venezuela Oil Field Hits 115,000 Barrels appeared first on The Rio Times.
With emergency stocks at multidecade lows, analysts say the world may have only a month or two if Hormuz shuts again.
Al Jazeera interviews Fatih Birol in Berlin as the Iran war disrupts global energy supplies.
Tokyo, Oct. 23 (Jiji Press)--The Japanese government highlighted the urgent need to fundamentally strengthen the country's energy supply-and-demand structure to prepare for future emergencies in its fiscal 2025 white paper on energy, adopted at a cabinet meeting on Friday. The white paper noted that, in response to the deterioration in the Middle East situation, Japan was the first in the w...
Australian liquefied natural gas exporter Santos Ltd. said production in the three months through September hit a quarterly record, as it increased output from two major projects.
European natural gas climbed above €90 for the first time in almost four years, raising the threat of a renewed energy crunch as Europe heads into the peak winter heating season.
The liquefied natural gas project — led by Equinor and Shell is expected to unlock 47.13 trillion cubic feet of natural gas reserves, Reuters reported, enough to place Tanzania among Africa's top six holders of gas reserves
Ethan Zindler, Head of Country & Policy Research, Bloomberg New Energy Finance examines the outlook for global energy demand and supply at the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Demand for crude oil may have peaked in 2025, partly as higher need for fuels is increasingly met by biofuels, according to FGE NexantECA.
Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.