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Gulf states should reform domestic natural gas prices: GI

The Gulf states, the world’s fastest growing demand center for natural gas, will need to create greater incentives to drive investment in new gas supply by removing all government subsidies that fix domestic gas prices at very low levels, a Gulf…

U.S. shale oil and gas sector sees resurgence as rig count jumps

The number of rigs drilling for oil and gas in the United States has recorded the largest one-week increase for over five years, confirming a rapid upturn is now underway.

U.S., Nigeria and Iraq push up world gas reserves: Eni (1)

World gas reserves rose by 0.9 per cent in 2016, driven by the United States, Nigeria and Iraq, Eni said on Monday.

US signs LNG export deal with China

President Trump struck a deal with China to export more natural gas from the United States, according to a joint statement issued late last night by the Commerce Department and the Asian power.

Trump to end Obama’s climate plan in favor of oil and coal

Donald Trump's administration is committed to eliminating Barack Obama's Climate Action Plan and other environmental initiatives to help boost the oil and gas industry, according to a statement posted on the White House website.

U.S. firm Buckeye Partners buys 50 percent stake in Vitol’s energy terminal unit

Vitol, a global oil trading company sold a 50 percent stake in its oil storage unit VTTI for $1.15 billion to U.S. firm Buckeye Partners, the Dutch company said on Monday.

Shell plans to split Motiva assets with Saudi Aramco in Q2

Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc RDSa.L, said on Monday it expects to divide the refineries and other assets of the Motiva Enterprises joint venture with co-owner Saudi Aramco in the second quarter of 2017, according to Reuters.

Revival of U.S. oil and gas industry

Pipeline Magazine’s Nadia Saleem writes about U.S. benefactors of higher oil prices and the global implications of its rising exports

Global gas demand to rise by 1.6 percent annually for next 5 years - IEA

Global gas demand is expected to grow by 1.6 per cent a year for the next five years, with consumption reaching almost 4,000 billion cubic meters (bcm) by 2022, International Energy Agency said in its latest report GAS 2017.

QP says regional, international operations undisrupted

Qatar Petroleum, state-run energy firm, said it is carrying out normal operations despite the land, sea and air disruptions after neighbouring countries of Saudi Arabia, United Arab Emirates and Bahrain severed diplomatic and trade ties with the…