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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
14-02-2022
‘Poland’s Gas Plans Will Stop Net Zero Aims’
A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.
South Africa
14-02-2022
President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry
The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s upstream oil and gas industry.
Oil & Gas Supply
14-02-2022
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.
Oil Price
13-02-2022
Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says
An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.
Oil Price
13-02-2022
Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe and a rise in demand.
Natural Gas
13-02-2022
Equinor Posts US$15bn Earnings on High Gas Prices
Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.
Natural Gas
12-02-2022
Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?
In the UK and similar nations, the gas crisis is ballooning electricity prices too.
Oil Price
12-02-2022
Big Oil Is Pumping out Cash as if $100 Oil Has Already Arrived
The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.
Oil Price
11-02-2022
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading arm, Aramco Trading, for 2022, a company official said Feb. 11.
Oil Price
11-02-2022
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher oil and gas prices.
Oil Price
10-02-2022
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could use every legal and regulatory tool available.
Oil Price
10-02-2022
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Oil Price
10-02-2022
TotalEnergies: High Oil Prices Are Here To Stay
TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.
LNG
10-02-2022
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Oil Field
09-02-2022
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
LNG
08-02-2022
SSY: LNG Supply and Demand Maintain Volatile Market
Shipbroker Simpson Spence Young (SSY) looks at what’s behind the rise of LNG prices and the impact this has on the LNG shipping market.
Crude Oil
08-02-2022
Iraq Ready To Execute Four Game-Changing Energy Projects
According to Iraq’s Oil Ministry, the country is ready to move into the ‘execution phase’ of its four-project deal with French energy supermajor TotalEnergies.
Crude Oil
08-02-2022
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
LNG
08-02-2022
IHS Markit Report Says LNG Imports to Europe Would Be Sufficient to Overcome Shutoff of Russia Gas Flows Through Ukraine
Supplies of Russian gas to Europe via Ukraine have already fallen and been replaced by LNG imports.
Crude Oil
08-02-2022
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concerns about the tight supplies.
Natural Gas
07-02-2022
GECF and Mozambique Inch Closer on Energy Cooperation
The Gas Exporting Countries Forum (GECF), the global platform of the leading gas exporting countries, led by its Secretary General HE Eng. Mohamed Hamel held a series of talks with senior officials from the gas-rich Republic of Mozambique on 26 January.
Natural Gas
07-02-2022
Potential of Gas Remains Promising Amidst Policy Changes: GECF Webinar Speakers
As the world takes decisive steps on climate change, the ensuing policy changes and their effect on the world’s fastest growing fossil fuel, natural gas, were examined at an event held by GECF on Tuesday, 1 February 2022.
Crude Oil
07-02-2022
Shell Makes 'Encouraging' Oil Discovery Offshore Namibia
Shell and its partners have made what the oil major described as an "encouraging" discovery in a closely-watched exploration well off the coast of Namibia.
Crude Oil
07-02-2022
Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
Saudi Arabia raised oil prices for customers in Asia, the U.S. and Europe after crude’s surge to almost $95 a barrel.
LNG
05-02-2022
US LNG Sector to Pitch Gas Deals for Europe
A senior EU official overseeing the bloc's energy policy is set to meet next week with US LNG industry insiders, who say recent tensions with Russia add relevancy to their efforts for customers in Europe to sign deals for new liquefaction capacity in the
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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'
