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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
OPEC
28-06-2022
OPEC Boosts Oil Income in 2021, Well Completions Drop
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a modest rebound and new completed wells declined, data from the group showed.
Crude Oil
28-06-2022
Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE's president.
OPEC
28-06-2022
OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
United Kingdom
28-06-2022
UK’s Electricity Market Braces for the Biggest Shake-up of the Last 30 Years
The government is considering cutting the link between electricity and gas prices
LNG
27-06-2022
Carbon-Neutral Liquefied Natural Gas: Is It Possible?
Companies seeking to preserve the importance of natural gas in the energy transition are embracing carbon-free liquefied natural gas (LNG).
Natural Gas
27-06-2022
French Energy Giants Urge Consumers to Cut Energy Use
The heads of France's big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis.
Natural Gas
27-06-2022
EU and Norway Step Up Co-Operation to Ensure Additional Gas Supplies
Norway is the biggest producer of oil and gas in Europe, delivering around one-fourth of EU countries’ gas consumption and significantly contributing to European energy security
LNG
24-06-2022
INEOS Energy Enters Global LNG Market With US Supply Deal
Major deal with Sempra Infrastructure will see the potential supply of 1.4mn tonnes of LNG a year from North America for 20 years.
24-06-2022
Top 10 Energy Companies
These energy big-hitters are at the forefront of changing oil and gas dynamics and transition to renewable energy.
United States
23-06-2022
The Rise of Robots in the Oil and Gas Industry
The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalization of the industry.
LNG
23-06-2022
Can Europe Actually Afford to Kick Fossil Fuels?
The European Union has made big pledges to go green, but the energy crisis is making its plans exceedingly difficult to achieve.
Oil Price
22-06-2022
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production.
United States
22-06-2022
Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel
A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows.
Natural Gas
22-06-2022
“Nord Stream Reductions Will Increase Energy Prices Further”
Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.
Oil Price
21-06-2022
Oil Rises on Market Caution Over Tight Supply
Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns about a recession dampening demand going forward.
LNG
21-06-2022
‘Green Energy World Will Be Cheaper’ Rwe CEO Says as Germany Faces Gas Crunch
Economics minister Habeck announces measure to save gas and avoid rationing in coming winter that include longer use of coal power plants.
LNG
21-06-2022
Qatar Expands LNG Capacity to Become Europe’s Emergency Gas Supplier
Qatar signed massive deals with TotalEnergies and Eni for the expansion of the world’s biggest LNG project.
LNG
21-06-2022
EU Signs Strategic Partnership With Oil, Gas-Rich Gulf Nations
EU would form a “strategic partnership” with the Gulf Cooperation Council and its Member States “as part of enhancing engagement in the broader region".
Natural Gas
21-06-2022
Egypt to Supply Natural Gas to Lebanon With 20 Year Old Arab Pipeline
After months of deliberation and delays Lebanon will sign a final agreement to import yearly 650 cubic meters of natural gas from Egypt to its energy poor country on 21 June 2022.
LNG
20-06-2022
Pakistan’s LNG Import Dependence Puts Energy Security, Financial Stability at Stake
The country imported 7.4 million tonnes of LNG in 2020.
Natural Gas
20-06-2022
Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply
Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restricted gas supplies from Russia result in an energy emergency.
LNG
20-06-2022
Qatar Energy Partners With Eni for North Field East LNG Project
Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month.
Oil Price
19-06-2022
Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall
Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes around the world this week.
Crude Oil
18-06-2022
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace sanctioned Russian oil.
LNG
17-06-2022
How the World’s Top Coal, LNG Exporter Ran Into a Power Crisis
Australia, the world's top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country's new Labor government that wants to speed up the shift to greener power.
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