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Oil Field
Life Extension Granted for North Sea Field
Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.
Natural Gas
Synthetic Methane Injection into France’s Gas Distribution Grid Demonstrated
French green gas start-up Energo has demonstrated the injection of synthetic methane into GRDF’s gas distribution network.
Gas Turbine
GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency
GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development …
Natural Gas
Japan Should Consider Alternative Power Sources to Avoid Supply Shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
OPEC
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources t…
Gas Turbine
Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines
Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far.
Natural Gas
Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch
Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years
LNG
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Natural Gas
EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms
Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices
Net Zero Emission
Greenpeace to Fight UK Approval of Shell Gas Field in Court
Climate activists at Greenpeace plan to mount a legal challenge against the British authorities allowing Shell to develop the Jackdaw North Sea gas field, after…
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
Smart Meter
Italgas – Smart Gas Networks at Core of Investments
Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.
United Kingdom
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Natural Gas
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…
Oil Price
Guyana Looks to Attract New Players in Upcoming Oil Tender
Guyana's President Ali hopes that new players in Guyana will add diversification.
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