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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Natural Gas
12-08-2022
Israeli Natural Gas Lines Signs Investment Contract With Prisma Photonics
Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastructure monitoring systems.
Natural Gas
12-08-2022
Germany: No Technical Reason for Cutting Nord Stream 1 Gas
Gazprom, Russia's state energy giant, has significantly reduced the flow of gas through Nord Stream 1, now at 20 percent of capacity.
Oil & Gas Supply
12-08-2022
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, increasing demand but masking weakness in economies beset by recession fears.
Natural Gas
11-08-2022
Australia’s Santos Buys Pipeline Route for Undeveloped Gas Project
Australia's Santos Ltd said on Thursday it had bought a company that owns an approved underground pipeline route that could transport natural gas from its planned Narrabri project, aiming to supply the domestic market around mid-decade.
Natural Gas
11-08-2022
New Partnership Inked to Develop Decentralised Power Plants in Thailand
INNIO and B.Grimm Power seek to develop decentralised and highly efficient liquefied natural gas and natural gas plants
Oil Price
11-08-2022
Oil Edges Lower as Supply Disruption Concerns Ease
Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand.
OPEC
11-08-2022
Iraq’s July Oil Output Rises by Around 70,000 Bpd, Somo Data Show
Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO seen by Reuters showed on Wednesday.
LNG
10-08-2022
Centrica Strikes £7BN LNG Deal
The agreement will allow the company to purchase one million tonnes of LNG every year
Oil Refinery
10-08-2022
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have worried that demand could falter if the global economy enters a recession or high fuel prices dete
Oil Price
10-08-2022
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
Natural Gas
10-08-2022
Italy Better Prepared Than Most to Face Winter With Low Russian Gas -Minister
Italy is in a better position than other countries as winter approaches, after it clinched deals with gas producer countries in Africa and ramped up the filling of gas storages, the country's Ecological Transition Minister said on Tuesday.
LNG
10-08-2022
UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG
Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG export facility offshore Louisiana.
Crude Oil
10-08-2022
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
Oil&Gas Drilling
09-08-2022
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream Simon Roddy told Bloomberg in an interview published on Monday.
Natural Gas
09-08-2022
Germany Likely to Miss Gas Storage Target Without Additional Measures
The energy crisis could be worsened, the German gas regulator has said
Oil Price
09-08-2022
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent retreat led by factors including global recession concerns.
Natural Gas
09-08-2022
EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief
The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.
CCS
09-08-2022
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Gas power plant
09-08-2022
Equinor May Postpone Closure of Norwegian Gas-Fired Power Plant
Norway-based energy major Equinor could continue to operate its natural gas-fired Mongstad power plant to support the country’s electricity supply. The company recently said it may reconsider its decision to close the plant by the end of August.
Crude Oil
08-08-2022
Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Western investors from selling shares in key energy projects.
LNG
08-08-2022
Shell Defers Prelude LNG Turnaround Due to Industrial Action
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.
Singapore
08-08-2022
Keppel Cancels Three Contracts
Singapore’s Keppel has terminated contracts with three different clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.
Natural Gas
08-08-2022
UK Investigates Sale of National Grid’s Gas Transmission Business, Report Says
Britain has launched an investigation under new national security rules into the sale of a 60% stake in National Grid's gas transmission and metering business to a consortium led by Australia's Macquarie.
LNG
08-08-2022
Potential Curb on Australian LNG Exports Is Another Blow to Asia-Pacific Gas Markets
Asia-Pacific has been suffering months of tight LNG supplies and soaring prices in the region due to competition from European buyers looking to replace restricted Russian gas.
Oil Price
08-08-2022
Energy Bills Are Set to Soar in the UK
As natural gas prices continue to surge, the average energy bill in the UK is set to soar to nearly £4,000 a year ($4800 USD) in January.
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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'
