Given the high stakes geopolitical game in which the world finds itself following Russia’s invasion of Ukraine last year, it would be naïve to be believe that anything as high-profile as Iran’s seizure of oil tankers in and around
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Concerns about the economy and new banking sector jitters have sent oil traders rushing for the exits and cutting their bullish bets on crude oil again. As more speculators leave the market – with open interest in U.S. crude oil futures at its lowest in three years – prices are set for more extreme volatility.
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A study published in Nature Energy on Monday has revealed that the U.S. Oil Patch is home to tens of thousands of inactive offshore oil and gas wells that remain unplugged, posing the risk of possible leaks into the ocean.
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More than half a dozen Canadian oil and gas companies including Paramount Resources (OTCPK:PRMRF), Crescent Point Energy Corp. (NYSE:CPG), Vermilion Energy Inc. (NYSE:VET), Pipestone Energy Corp. (OTCPK:BKBEF), Kiwetinohk Energy Corp. (TSX:KEC:CA),Tourmaline Oil Corp. (OTCPK:TRMLF) and Cenovus Energy Inc.
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Washington DC, May 8, 2023:Pakistan and United States today agreed to develop a roadmap for pursuing new businesses in green and renewable energy sector both in public and private sector. The US side would provide financial and technical expertise for undertaking feasibility studies for mutually agreed projects.A delegation of Pakistani businessmen would be visiting the United States along their counterparts from Malaysia, Indonesia and Thailand to study methane abatement technologies and conversion of bio-methane into fertilizers during the first quarter of the next year.During the meeting of Energy Minister Musadik…
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