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China
Column: China's Re-opening And The J-curve In Oil Consumption
A tourist poses in front of a sign of the Universal Resort, as the Universal Studios theme park reopens to the general public, following the coronavirus disease…
Oil Price
Oil Prices Slip On Surprise Build In U.S. Crude Stocks
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…
Oil Price
Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills
A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy su…
EU
EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse
EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse
Crude Oil
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
LNG
German Energy Regulator Urges Consumers To Save More Gas
Households must reduce gas consumption by 20%, more than they’re currently doing, to avoid shortages in coming months, Bundesnetzagentur warns.
Crude Oil
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h…
United Arab Emirates
UAE's ADNOC, Taqa and Mubadala Complete Masdar Stake Deal
Abu Dhabi's National Oil Company [RIC:RIC:ADNOC.UL], Taqa (TAQA.AD) and Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday they would …
Oil Price
Oil Prices Drop to Below $80 for First Time Since January on Recession Fears
US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.
Natural Gas
U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia
U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”
Natural Gas
ICE Warns EU Gas Price Cap Could See Prices Rise
An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.
LNG
U.S., Britain Launch Energy Partnership to Boost Supplies
The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …
CCS
Denmark Awards First CO2 Storage Permit
The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 …
Gas Turbine
GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines
GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Departme…
Crude Oil
Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1
Award to Malaysia’s national oil and gas company launches Middle East’s first unconventional oil concession
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