To extract heat, a water-based drilling fluid is circulated throughout the loop where it's warmed by the surrounding rock, ...

XOM's preliminary assessments indicate that the gas reserves at the Elektra-1 prospect are commercially infeasible for ...

U.S. natural gas futures fell about 6% to a nine-week low on Monday on record output over the weekend and forecasts for less ...

President Donald Trump has made energy independence a pillar of his second-term agenda. Within hours of taking office, he ...

The Commonwealth didn’t have any active leases on potential oil drilling projects to begin ... “Just look at what happened when the invasion of Ukraine happened. “Almost three years ago ...

NEW YORK: US natural gas futures slid about 2% to a 10-week low on Tuesday on near-record output, a decline in daily flows to ...

Ukrainian soldiers and medics who have been on the front line during Russia's full-scale invasion over the past three years have come to the United Kingdom for six weeks to boost their battlefield ...

The average amount of gas flowing to the eight big LNG export plants operating in the US climbed from a monthly record of ...

The levy on oil and gas profits was introduced in 2022 in response to soaring energy prices after Russia’s invasion of Ukraine. Last year, the government increased the levy to 38 per cent ...

Highlights Operations continuing smoothly, with oil production averaging ... the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the ...