Tuesday, January 7, 2025
Global natural gas production to fall by 2.6% this year: Rystad Energy- oil and gas 360

Global natural gas production to fall by 2.6% this year: Rystad Energy

Reuters LONDON – Global natural gas output is set to fall by 2.6% this year because of the impact of the COVID-19 pandemic, after previously being expected to grow, consultancy Rystad Energy said on Tuesday. Rystad Energy had expected total natural gas production to rise to 4,233 billion cubic meters (bcm) in 2020 from 4,069 bcm last year. Now it

Column: Oil prices transitioning to next phase of cycle - Kemp- oil and gas 360

Column: Oil prices transitioning to next phase of cycle – Kemp

Reuters LONDON  – Brent futures prices have risen by more than 80% over the last two months, the fastest increase at any point for more than a quarter of a century, as the market has rebounded from its worst crisis in decades. Front-month Brent futures have averaged nearly $42 per barrel over the last five trading sessions, compared with less