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Natural Gas
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …
Oil&Gas Drilling
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
OPEC
OPEC Upbeat on Global Economic Growth
Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…
Cyberattacks Are a Major Risk for the World’s Largest Oil Company
Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, sa…
Crude Oil
South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output
South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar…
LNG
Central African Countries Champion 6500-Km of New Pipeline Construction
Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…
Net Zero Emission
Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors
Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitm…
Nuclear Power Plant
European Power Prices Drop as Nuclear, Wind, and Solar Surge
Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.
Oil&Gas Drilling
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
Natural Gas
Czech Government Approves Electricity, Gas Price Cap
The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala…
Crude Oil
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…
Hydrogen Project
Why Europe's Move to Replace Gas with Hydrogen Is Getting Held Up
A number of green hydrogen projects in Europe have already been put on hold or delayed by regulatory uncertainty.
Gas Turbine
GE Gas Turbines Power New-Look Bangkok Plant
Two new gas-fired combined cycle blocks of around 1400MW have gone into commercial operation this week at Thailand’s Bang Pakong power plant.
Smart Meter
Hydrogen Ready Smart Meter for Italgas
Italgas Reti has selected Italian gas meter developer MeteRSIT to design its next generation gas smart meters.
LNG
JERA, Uniper Partner to Procure LNG, Clean Ammonia
This is to improve stability of energy supply in Japan and Germany.
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