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Gas
Siemens Reports “Solid Performance” for Gas and Power
Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.
Carbon Emissions
How the Utilities Industry is Building a Sustainable Future
The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generati…
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Oil Price
TotalEnergies: High Oil Prices Are Here To Stay
TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.
LNG
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
LNG
SSY: LNG Supply and Demand Maintain Volatile Market
Shipbroker Simpson Spence Young (SSY) looks at what’s behind the rise of LNG prices and the impact this has on the LNG shipping market.
Crude Oil
Iraq Ready To Execute Four Game-Changing Energy Projects
According to Iraq’s Oil Ministry, the country is ready to move into the ‘execution phase’ of its four-project deal with French energy supermajor TotalEnergie…
Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
LNG
IHS Markit Report Says LNG Imports to Europe Would Be Sufficient to Overcome Shutoff of Russia Gas Flows Through Ukraine
Supplies of Russian gas to Europe via Ukraine have already fallen and been replaced by LNG imports.
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
Natural Gas
GECF and Mozambique Inch Closer on Energy Cooperation
The Gas Exporting Countries Forum (GECF), the global platform of the leading gas exporting countries, led by its Secretary General HE Eng. Mohamed Hamel held a …
Natural Gas
Potential of Gas Remains Promising Amidst Policy Changes: GECF Webinar Speakers
As the world takes decisive steps on climate change, the ensuing policy changes and their effect on the world’s fastest growing fossil fuel, natural gas, were …
Crude Oil
Shell Makes 'Encouraging' Oil Discovery Offshore Namibia
Shell and its partners have made what the oil major described as an "encouraging" discovery in a closely-watched exploration well off the coast of Namibia.
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