Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue as new technology and friendly regulations attract investment offshore.
Russia has added four LNG carriers to its fleet, LSEG ship-tracking data and the Russian ship register showed on Wednesday, which could help the country to increase its market share ahead of an EU ban on Russian gas imports.The European Union in January gave its final approval to a ban on Russian gas imports by late 2027.