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Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Natural Gas
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
India
India's Fuel Demand Slips to 10-Month Low in September
India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.
Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
Natural Gas
PepsiCo to Make Cheetos and Lay's Chips Using Dutch Green Electricity
PepsiCo on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity.
Switzerland
GE to Supply Reserve Power to Swiss Federal Office
GE Gas Power has secured an order from the Swiss Federal Office of Energy (SFOE) for the rental of eight of its trailer-mounted gas turbine units.
Energy Storage Battery
India Could Turn to 12.5GW Gas Capacity to Meet Peak Demand
This also comes as the market waits until battery storage becomes cost-competitive.
Coal-Fired Power Plants
Ørsted Ordered to Restart Oil- and Coal-Fired Power Plants amid Supply Crunch
Danish authorities have ordered Ørsted to continue and resume operations of three of its oil- and coal-fired power station units in order to ensure security of…
Ammonia
Mitsubishi Power Advances Ammonia-Fired Power Generation in Indonesia
Mitsubishi Power and Indonesia’s Institut Teknologi Bandung (ITB) have signed an agreement to partner on research of firing ammonia in gas turbines.
Natural Gas
Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says
Global gas consumption will decline by nearly 1% in 2022
OPEC
Opec+ to Hold In-Person Meeting Next Week in Vienna
This will be the first in-person ministerial meeting since March 2020, the group says
Natural Gas
UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow
Gas prices will go from 7p to 10p per kilowatt hour under new guarantee
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
CCS
Carbon Capture Begins at India’s Largest Coal Power Plant
India’s largest coal-fired power plant, NTPC’s 4.8-GW Vindhyachal Super Thermal Power Station, has begun capturing carbon dioxide (CO2) from plant flue gas as…
Natural Gas
Fourth Gas Leak at Nord Stream Found
Authority supervising the Swedish coastline has confirmed its findings while the US reaffirmed its support to its European allies
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