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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
01-08-2022
Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?
The reopening is predicted to help the country cement its gas stocks amid fears of shortages
Natural Gas
31-07-2022
Germany Starts Rationing Hot Showers to Save on Gas
Authorities of a German city race to save kilowatts as gas shortage scenarios are looming
Oil Field
31-07-2022
Life Extension Granted for North Sea Field
Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.
Natural Gas
29-07-2022
Synthetic Methane Injection into France’s Gas Distribution Grid Demonstrated
French green gas start-up Energo has demonstrated the injection of synthetic methane into GRDF’s gas distribution network.
Gas Turbine
29-07-2022
GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency
GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development of decarbonisation technologies.
Natural Gas
29-07-2022
Japan Should Consider Alternative Power Sources to Avoid Supply Shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
OPEC
29-07-2022
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources told Reuters on Thursday.
Gas Turbine
28-07-2022
Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines
Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far.
Natural Gas
28-07-2022
Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch
Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years
LNG
28-07-2022
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Australia
27-07-2022
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers in an initiative to slash emissions.
United Kingdom
27-07-2022
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Natural Gas
27-07-2022
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply with the gas storage level obligation
Oil Price
27-07-2022
Guyana Looks to Attract New Players in Upcoming Oil Tender
Guyana's President Ali hopes that new players in Guyana will add diversification.
Oil Price
27-07-2022
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Natural Gas
27-07-2022
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils global energy markets.
Natural Gas
26-07-2022
Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs
Oil Refinery
26-07-2022
NTPC, IndianOil Partner to Form JV for Renewable Energy
IndianOil plans to supply the additional power requirements of its refineries with RE by December 2024.
Crude Oil
25-07-2022
Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.
Germany
25-07-2022
German Government ‘Likely to Face Legal Challenges to Gas Rationing’
Law experts suggest some German businesses see gas rationing as a “nightmare scenario”
Natural Gas
24-07-2022
UK Greenlights Centrica’s Gigantic Gas Storage Site
The move is believed to be the first stage of the potential reopening of the UK’s largest gas storage facility
Natural Gas
22-07-2022
Natural Gas and Hydrogen Highlight the Revamped German - Egyptian Relationship
On the occasion of the Petersberg Climate Dialogue, launched in 2010, after the Copenhagen Climate Change Conference and held annually ever since, President el - Sisi of Egypt met with Chancellor Olaf Scholz of Germany over the weekend to discuss ways of
OPEC
22-07-2022
Putin Calls Saudi Crown Prince to Discuss Oil Market, OPEC+
Putin and MBS discuss OPEC+ and oil markets in phone call.
United States
22-07-2022
Conocophillips Considers Exiting U.S. Gulf of Mexico
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the exit of ConocoPhillips from U.S. offshore operations.
Austria
21-07-2022
OMV: Gazprom Seen Delivering 50% Of Agreed Gas Volume on Thursday
Austrian oil and gas group OMV said Russia's Gazprom is expected to deliver roughly 50% of their agreed gas volume on Thursday, returning to a level seen before the maintenance period of the Nord Stream 1 pipeline.
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
