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US Says There Are Significant Undiscovered Oil and Gas Resources in Wyoming

May 21 (Reuters) – A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and Colorado, the U.S. Interior Department said on Wednesday. WHY IT’S IMPORTANT The resources identified by the U.S. Geological Survey in what is known as the Mowry Composite Total Petroleum System could …

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Despite Challenges, Major LNG Producers Push New Projects to Feed Global Power Demand

(Reuters) – Producers are pushing ahead with liquefied natural gas projects, banking on urbanisation and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs, and tariff uncertainty. LNG is widely seen as a transition fuel on the path to net-zero emissions. Governments worldwide are also prioritising …

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