Oil and gas producer Consol Energy Inc cut its 2016 capital expenditure plans for its oil and gas division by 41 percent due to weak commodity prices.
The company cut its oil and gas capital expenditure to $205-$325 million from $400-$500 million.
Reporting by Anet Josline Pinto
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest…
Dalia Energy, an Israeli company, announced on Thursday that it had signed a loan agreement with Bank Hapoalim for 5.3 billion…
An official announced on Thursday that Indonesia has temporarily frozen the distribution of subsidies to its mandatory biodiesel…
Doug Burgum, the nominee for Secretary of Interior by Donald Trump, will tell Congress during his nomination hearing Thursday…
European prompt electricity prices fell on Thursday, as a combination of a growing solar supply and lowered demand was expected…
Dutch and British wholesale prices of gas fell on Thursday, amid forecasts for higher wind and solar production and a softer demand.
Canada approved Bunge's $34 Billion merger with Glencore-backed Viterra on Tuesday, subject to conditions. This was the last…
The U.S. Energy Information Administration's Short-Term Energy Outlook, released on Tuesday, said that oil prices would be…
Guyana will export 225 cargoes in crude oil by 2024, said its energy minister on Tuesday. A consortium led the U.S. giant…
The transmission system operator FGSZ announced on Tuesday that Hungary would increase its gas export to Slovakia from 2.63…
Marcellin Paluku is a senior government official who told the media that the Democratic Republic of Congo (DRC), which is…
Transdniestria's leader has been to Moscow after the Russian gas supply via Ukraine was suspended, said the President of Moldova on Tuesday.
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.