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Oil & Gas
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
LNG
09-09-2022
JERA, Uniper Partner to Procure LNG, Clean Ammonia
This is to improve stability of energy supply in Japan and Germany.
Oil Shale
09-09-2022
INEOS Renews UK Shale Gas Offer as Prime Minister Truss Lifts Fracking Ban
Energy company INEOS has renewed its offer to the UK government and new Prime Minister Liz Truss to drill a shale gas test well in the UK.
Oil Price
08-09-2022
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.
Natural Gas
07-09-2022
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5 billion, Reuters reported on Tuesday, citing industry sources and a document it had seen.
Natural Gas
07-09-2022
French Urged to Cut Energy Use by 10%
Saving energy could help France avoid rolling blackouts and energy rationing this winter, the French President has said
Crude Oil
07-09-2022
Norwegian Energy Giant Equinor Completes Russia Exit
It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project
LNG
07-09-2022
South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices
South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy supply chain cooperation particularly on natural gas and renewables.
Natural Gas
06-09-2022
France Has Filled Up Its Strategic Gas Reserves Ahead of Winter - Minister
France is well prepared to get through this winter despite the energy crisis stemming from the war in Ukraine as it has now filled its strategic gas reserves at their maximum level
Natural Gas
06-09-2022
Siemens Energy: Don’t Understand Gazprom View on Nord Stream 1
Siemens Energy said on Tuesday it does not comprehend Gazprom's presentation of the situation with the Nord Stream 1 pipeline
Natural Gas
06-09-2022
Shell Greenlights Malaysian Giant Offshore Gas Project
Production start-up for Sarawak scheme is expected in 2026
Natural Gas
06-09-2022
Macron: France, Germany to Provide Each Other With Gas, Electricity, to Weather Crisis
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday.
Oil Price
03-09-2022
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to introduce a windfall tax on energy firms to fund further relief measures.
Natural Gas
02-09-2022
EU Mulls Energy Price Cap for Certain Generators - Document
The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.
Natural Gas
01-09-2022
European Intervention Sees Gas Prices Drop
The EU is looking to separate gas and electricity prices to protect consumers.
LNG
31-08-2022
LNG Investments to Reach $42B Annually in 2024: Report
This is 20 times the investments seen in 2020 which amounted to $2b.
Crude Oil
30-08-2022
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
LNG
29-08-2022
Canada Sees West Coast LNG Revival as World Scrambles for Gas
Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.
Crude Oil
29-08-2022
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Germany
28-08-2022
Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper
The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazprom in April, Welt am Sonntag reported on Sunday.
Clean Energy Transition
27-08-2022
Australian Energy Crisis Gives Rise to New Gas Supply Need
Energy prices rose 400% up to AU$40 per gigajoule.
Gas Turbine
27-08-2022
GE to Invest in US Hub to Expand Small-Turbine Manufacturing
GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Center in Greenville, South Carolina.
Natural Gas
25-08-2022
Italgas – Gas Network Digitalisation Well Under Way
Italian gas DSO Italgas has reported operation of the first sections of new digital gas networks in northwest Italy and works under way in central Italy.
LNG
24-08-2022
U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart
U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.
LNG
24-08-2022
Australian LNG Cargo Lands on UK Shores as Germany Reconnects Coal-Fired Power Plant
A tanker carrying LNG from Australia has reportedly docked in Kent.
LNG
24-08-2022
Shell, Unions Reach Deal to End Strike at Prelude FLNG off Australia
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.
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Most views from Oil & Gas
1
Top U.S. LNG Exports: China's Gas Demand Is Booming
2
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
4
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
5
Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
6
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
