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Oil / Gas / Commodities

US methane emissions underestimated

US methane emissions as well as those from the natural gas industry have been underestimated, including the Environmental Protection Agency’s (EPA’s) figures, researchers from Stanford University and other research centers concluded in what…

Shell profit warning, cuts spending

A Shell profit warning was followed by an announcement that the Anglo-Dutch company is cutting spending and streamlining operations. It is also suspending its Arctic drilling program. Shell Chief Executive Ben van Beurden, who started…

Total to invest in UK shale gas

French oil & gas giant Total says it will invest approximately $50 million in the United Kingdom’s nascent shale sector, focusing on gas exploration in the East Midlands. Total is set to pay $1.6 million to acquire 40% shareholding…