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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
LNG
18-02-2022
Qatar LNG Exports down on Mega Train Unplanned Outage
Exports of liquefied natural gas (LNG) from Qatar's Laffan liquefaction plant have been lower over the past few days as one of the facility's trains have been down, three industry sources said.
Crude Oil
18-02-2022
Guyana Talking to Middle East Firms About Offshore Oil Auction
Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields.
Russian Federation
17-02-2022
What the Ukraine Conflict Means for Europe’s Energy Crisis
If Russia invades Ukraine, Europe will find itself in direct conflict with its biggest energy supplier.The Ukrainian military on exercises in 2018. Credit: Ukrainian Ministry of Defence.Around 100,000 Russian troops – backed by tanks, artillery,
Natural Gas
17-02-2022
The Republic of the Congo to Upgrade Gas in Pursuit of Zero Flaring
H.E. Denis Sassou-Nguesso, President of the Republic of the Congo, has outlined government plans to upgrade gas towards the objective of zero flaring.
Natural Gas
17-02-2022
GECF participates in 12th IEA-IEF-OPEC Symposium on Energy Outlooks
With the world deeply mired in an uncertain environment, lack of investment in gas will add to the range of uncertainty surrounding the energy transition, said HE Eng. Mohamed Hamel, the Secretary General of the Gas Exporting Countries Forum (GECF).
United Kingdom
17-02-2022
Hundreds of Barrels of Oil Spill into Sea off UK
Hundreds of barrels of oil have spilt into the Irish Sea after a pipeline leak off the UK.
Oil Price
17-02-2022
Oil Prices Drop on Easing of Ukraine Crisis but Outlook Remains Bullish
Oil prices eased slightly early on Wednesday amid a de-escalation of geopolitical tension in eastern Europe but analysts said the decline is “short-lived”, with the bullish outlook expected to remain.
Oil Price
17-02-2022
Putin’s Threats Against Ukraine Could Reinvigorate the U.S. Oil and Gas Industry
Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine, he may unwillingly help bring back the American industry.
Oil Price
17-02-2022
Gold, Oil Rise on Ukraine Crisis; U.S. Stocks End Flat
Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes from the last Federal Reserve meeting helped stocks close mostly flat on Wall Street.
Natural Gas
16-02-2022
Natural Gas the Fuel for Sustainable Development: GECF Secretary General at EGYPS 2022
As the global population edges towards the 10 billion mark by 2050 and world GDP more than doubles, natural gas will continue to play a crucial role in alleviating energy poverty.
16-02-2022
The 28th World Gas Conference (WGC2022) Early Bird Registration Extended to 31 March 2022
The WGC2022 National Organizing Committee (NOC) has taken the decision to make a one-time extension of the Early Bird Registration for the 28th World Gas Conference (WGC2022) to 31 March 2022.
Oil Price
16-02-2022
Oil Steadies as Russia-Ukraine Tensions Cool
Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against overall tight global supplies.
Oil Price
16-02-2022
Oil Drops Affter Russia Says Some Troops Returning to Bases
Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.
Oil Pipeline
16-02-2022
Concerns for UK Coastline as Eni Oil Pipeline Spills 500 Barrels into East Irish Sea
Concerns have been raised for the UK coastline after a 500-barrel oil spill into the East Irish Sea from a pipeline operated by Eni.
Crude Oil
16-02-2022
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and continued supply constraints.
Oil Price
16-02-2022
Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Oil Price
16-02-2022
Serbia Caps Fuel Retail Prices for 30 Days
Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standards.
Natural Gas
15-02-2022
Thailand Could Brace Potential Gas Supply Shortage from Myanmar
The country is expected to rely on Laos for electricity supply.
Oil Price
15-02-2022
Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine
Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were capped by fears that Russia might invade Ukraine and disrupt supplies.
Crude Oil
15-02-2022
Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View
Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.
Oil Price
15-02-2022
‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel
Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.
LNG
14-02-2022
Qatar's Asian Gas Contracts Hamper Ukraine Planning
Qatar's deepening trade in natural gas with Asia is complicating global efforts to protect Europe from the threat of an energy squeeze by Russia.
LNG
14-02-2022
Asian LNG Prices Stable but Rises Expected on Colder Weather
Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east Asia could send buyers back to the spot market to boost inventory levels.
LNG
14-02-2022
U.S. Supplies Give China Muscle to Become Major Force in Global LNG Trade
Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently signed long term contracts for record amounts of LNG from U.S. suppliers.
Oil Price
14-02-2022
Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak
Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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