Natural gas prices successfully surpassed the $2.780 mark last Friday, signaling a new bullish rally. The next significant target for prices is $2.970, which serves as a key resistance level…
Energy Category
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Azerbaijan’s state oil company, Socar, has reached an agreement with a BP-led consortium to develop a newly discovered natural gas field in the Caspian Sea. This reserve, located beneath the…
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A recent Dallas Fed Energy Survey highlights significant hurdles U.S. oil drillers encounter while attempting to electrify their operations. Costs and access to the grid rank as the primary obstacles…
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Natural gas fuel cells are innovative devices that convert chemical energy into electrical energy. They offer a cleaner alternative to traditional power generation methods, significantly reducing greenhouse gas emissions. This…
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Diesel fuel is widely used across various industries, from transportation to agriculture. It powers trucks, buses, ships, and heavy machinery. Despite its popularity, there are concerns regarding its flammability and…
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Natural gas prices concluded trading yesterday by surpassing the $2.690 mark, signaling a strong bullish trend and drawing closer to the next significant target of $2.780. The persistent positive momentum…
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A consortium drilling for oil and gas in southeastern Pakistan has reported a major discovery that could mitigate risks for other regional projects. The Oil and Gas Development Company Limited…
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Saudi Arabia is prepared to face short-term declines in oil prices and revenue as it pivots its policy to reclaim market share, moving away from its previous target of maintaining…
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Natural gas prices have recently surged to a peak of $2.690. However, a persistent lack of positive momentum could lead to sideways trading, with a potential retest of the support…
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Vertex Energy, a biofuels producer located in Alabama, has filed for bankruptcy after months of financial instability. The company is now exploring the possibility of a sale as it grapples…