WSJ News Exclusive | Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks

[ad_1] Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears…

Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

[ad_1] Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit…

Government ends monopoly of gas aggregation with new licence | The Guardian Nigeria News – Nigeria and World News

[ad_1] The Federal has ended its monopoly of gas aggregation with a private investor operator expected to play actively in the midstream going forward. The private sector players hitherto operated…

‘Why govt must price locally-sourced gas in Naira’ | The Guardian Nigeria News – Nigeria and World News

[ad_1] The Chief Executive Officer of Mezovest, Tosin Thompson, has stressed the need for the government to price gas for local demand in Naira, noting, “there is no reason why…

Ghana hit by major power outage due to lack of gas – BBC News

[ad_1] By Favour Nunoo & Wycliffe Muia BBC News, Accra & Nairobi 27 October 2023 Image source, Getty Images Image caption, The outage follows days of intermittent power cuts in…

Melvindale gas main ruptures, causes road closures and business evacuations

[ad_1] MELVINDALE, Mich. (CBS DETROIT) – The Melvindale Police Department is alerting residents about business evacuations and road closures in place due to a ruptured gas main.  Police said a…

America’s Gas Bonanza Brings Biden New Political Dilemmas

[ad_1] The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches.  In the…

Chesapeake, Southwestern to Merge as New Gas Behemoth

[ad_1] Updated Jan. 11, 2024 10:20 am ET Chesapeake Energy and Southwestern Energy agreed to merge in an all-stock transaction valued at $7.4 billion that would create the largest natural-gas…

Italy gas stocks down to 77% amid cold snap – Business – Ansa.it

[ad_1] Italy’s gas stocks are down to 77% amid a cold snap, sector sources said Thursday.     That compares to 82% across Europe, they said.     German gas stocks fell…

European Gas Rises as Red Sea Attack Highlights Shipping Risk

[ad_1] European natural gas prices rebounded after a two-day slide as more attacks on vessels in the Red Sea raised the risk of prolonged disruptions to a key shipping route.…