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Crude Oil
North Sea Operators Renew Agreements for Exporting Oil to Flotta Terminal
Partners in several North Sea fields have reaffirmed their commitments to export the oil produced from their fields to the Repsol Sinopec Resources-operated Flo…
LNG
U.S. Natural Gas Prices Hit Highest Level in 14 Years
The benchmark U.S. natural gas price soared by more than 7% early on Monday.
Crude Oil
German Industry Fears Immediate Russian Gas Ban
As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition.
Oil&Gas Drilling
US Resumes Public Land Leasing for Oil and Gas Drilling
The US Department of the Interior said around 144,000 acres of public land will be put up for sale this week, marking the end of a moratorium on new leases.
Hydrogen Production
Researchers Develop Non-Metallic Photocatalyst Capable of Producing Green Hydrogen
South Korean researchers have developed a non-metallic photocatalyst that can use sunlight to produce green hydrogen which does not emit any kind of greenhouse …
LNG
Aussie LNG export revenue up 88% in Mar: EnergyQuest
Australian LNG export revenue in March was A$5.47bn ($4.03bn), up 88% year/year, energy consultant EnergyQuest said on April 18. The revenue was down 2.85% mont…
Russian Federation
New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper
The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission U…
LNG
Japan's JERA Weighs Expanding LNG Business to China
Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to C…
Oil Price
Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens
Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Nuclear Reactor
Eyeing Green Vote, Macron Vows to Exit Oil, Coal and Gas
President Emmanuel Macron promised on Saturday to make France the "first great nation" to stop using oil, coal and gas as energy sources, in a pitch to young an…
Crude Oil
Russia’s Oil Industry Is Suffering as the West Shuns Its Crude
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.
Crude Oil
U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge
The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while…
Oil Price
OPEC Minimum Oil Production Increase During March
OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…
Wind Turbine
U.S. Wind Surpassed Both Coal and Nuclear Power for the First Time Ever
Power generation from wind turbines was the second-largest source of electricity in the United States on March 29, behind only natural gas and surpassing both c…
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