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Natural Gas
EU Publishes Emergency Gas Cap Proposal
The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.
Nord Stream 2
Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced
Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.
Gas Turbine
Wärtsilä’s Gas Engines Provide Grid Balancing for 100MW Power Plant in Japan
The new plant will operate with ten Wärtsilä 34SG gas engines, which will replace a 100MW combined cycle gas turbine that was formerly located on the project …
Oil Refinery
Guyana Opens Tender for Its First Oil Refinery
Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes …
20th CPC National Congress
20th CPC National Congress | China’s Stronger Ability to Ensure Energy, Food Security Injects Confidence to World
Nation won’t scale back opening-up efforts or even turn to a ‘self-sufficient economy’: official
Solar Power Panel
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
LNG
Dozens of LNG-Laden Ships Queue off Europe’s Coasts Unable to Unload
Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the coun…
Oil Price
U.S. Could Sell Oil From Emergency Reserve This Week -Sources
The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…
United Kingdom
UK Energy Price Cap ‘Could Soon Be Scrapped’
Officials are considering scrapping the price cap when the UK government’s energy bill package ends in October 2024.
Natural Gas
BP Buying Leading RNG Production Group in $4.1 Billion Deal
British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of rene…
LNG
U.S. Approves LNG Shipping Waiver for Puerto Rico After Hurricane
The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for liquefied natural gas (LNG) after Hurr…
Oil Refinery
French Refinery Strike Further Hits Petrol Supplies, Prime Minister Says
Petrol supplies at French service stations fell further over the weekend due to a weeks-long strike at oil major TotalEnergies.
Natural Gas
EU Leaders Set to Explore Gas Price Cap Options
European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks.
Natural Gas
France Sends Germany Gas for First Time Amid Energy Crisis
Germany could get up to 100GWh gas per day from France
Natural Gas
South Korea’s Gas Consumption to Fall 4% in 2022: Report
It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.
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