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Crude Oil
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in IEA, leaving them scrambling to match…
Crude Oil
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top…
Crude Oil
Oil Slips as Investors Eye EU Vote on Russian Oil Ban
Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supp…
Oil Price
U.S. Shale Swings From Losses to Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022.
Natural Gas
Russia's Gazprom Continues Gas Exports to Europe via Ukraine
Russian gas producer Gazprom said it was supplying natural gas to Europe via Ukraine on Sunday in line with requests from European consumers.
Offshore Wind Power
UK Oil and Gas Firms to Put £250Bn into Low Carbon Energy by 2030
New analysis has uncovered how spending may look for these companies in the next decade.
Oil Price
Why Shale May Not Stage a Comeback Despite Higher Oil Prices
Inflation, supply bottlenecks and a shortage of equipment and personnel have affected the exploration and production cycle.
Hydrogen Project
PG&E Launches Study on Gas Pipeline Hydrogen Feasibility
Pacific Gas & Electric (PG&E) is launching a study and demonstration facility to examine the future potential of zero carbon hydrogen as a renewable energy sour…
Natural Gas
U.S. Natural Gas Prices Could Soon Hit $10
Warmer than usual spring weather and record LNG exports to help Europe reduce dependence on Russian gas could send the U.S. benchmark natural gas prices to abov…
United States
Republic Services and Archaea Energy Form Renewable Gas JV
The $1.1bn joint venture involving Republic Services and Archaea Energy will convert landfill gas sites into renewable natural gas across the US.
Oil Price
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned …
Hydrogen Technology
Hydrogen Blending in Gas Grid Would Lead to 'Limited CO2 Benefits and a Large Increase in Energy Costs': Irena
Adding green H2 to networks would equate to emissions abatement costs of more than $500 per tonne of carbon dioxide, study calculates.
Natural Gas
Why are U.S. Natural Gas Prices Soaring?
U.S. natural gas prices are surging, with the benchmark futures contract rising to a 13-year high of $8.74 per million British thermal units, at a time when tha…
Oil & Gas Trade
How Much Russian Oil is Europe Importing?
Russia was the largest supplier of petroleum to Europe in 2021, according to a new report.
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
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