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Oil Price
Stocks Dive, Oil Surges as Russia Invades Ukraine
Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the …
Oil & Gas Supply
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s…
Crude Oil
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…
Natural Gas
Serbia to Sign Long-Term Gas Contract with Russia
Belgrade, Feb 23 (Prensa Latina) Serbiagaz CEO Dusan Bajatovic said that his country plans to start negotiations with Russia's Gazprom on a new 10-year gas cont…
Natural Gas
Natural Gas Production Rises 12% In January
Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022
Natural Gas
Russia Sanctions Could Cause Sudden Spike in Gas Prices
Experts say gas prices could spike by as much as $1 by next week. If the conflict overseas drags out, prices could spike to $5 per gallon.
Oil Price
Natural Gas Prices Hit Record High In China
Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply.
Oil Price
Oil Rises as Ukraine Issues State of Emergency, Suffers Cyber Attacks
Oil prices reversed earlier losses on Wednesday, rising on reports that Ukraine’s government, foreign ministry and state security service were affected by a cy…
Oil Price
Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough
Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks.
Coal Gasification
B&W Environmental Awarded Contract to Reduce Environmental Impact of Power Plant Ash
Babcock & Wilcox (B&W) has announced that its B&W Environmental segment has been awarded a contract for approximately US$13 million to design and supply equipme…
LNG
Pakistan to Penalise Defaulting LNG Supplier
Pakistan LNG Limited (PLL) has made up its mind to impose a monetary penalty on Italy based LNG term supplier ENI, which is the 30 percent of the term cargo.
Natural Gas
Hydrogen Generation Could Become a $1 Trillion Per Year Market, Goldman Sachs Says
Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to …
United States
U.S. Slaps Sanctions on Company Building Russia's Nord Stream 2 Pipeline
The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline.
Energy Transition
Australia's APA Confident of Gas in Energy Transition
Australian energy infrastructure firm APA remains confident in the role gas plays in the energy transition as a number of the country's coal-fired power plants …
Net Zero Emission
Are Europe's Leading Banks Flouting Net-Zero Pledges?
Scores of Europe's leading banks have been accused of continuing to flout advice from climate scientists and economists by pumping tens of billions of dollars i…
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