Oil

LNG
U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023
U.S. natural gas prices surged on the news that one of the largest U.S. LNG export terminals is targeting a complete operational restart by March 2023.
Natural Gas
Germans Face More Power and Gas Price Hikes in January - Portal
Many German households face another 50%-plus hike in power and gas supplies in January due to the lag in suppliers passing on higher wholesale market prices and…
Crude Oil
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…
Crude Oil
European Refiners Oversupplied as Oil Shortage Fears Subside
European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil has yet to materialise.
LNG
LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033
LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.
United States
NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter
Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and …
Crude Oil
Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head
Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …
Crude Oil
India Raises Windfall Tax on Crude Oil
India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne, a government order said on Wednesday.
Hydrogen Production
Inpex to Trial Blue Hydrogen and Ammonia Production in Japan
Japan's biggest oil and gas explorer, Inpex Corp, said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natur…
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
Gas Turbine
Germany’s Gas Turbine Capacity Expansion Moving Too Slow
Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, accordi…
LNG
First Liquefied Natural Gas Exported From Mozambique
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.
Natural Gas
Vietnam Leads Gas Expansion Plans in Southeast Asia: Report
A total of 56GW is either in pre-construction or construction stages.
Floating Offshore Wind
Equinor Starts Production at Norwegian Floating Wind Farm
The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started produ…
Natural Gas
‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says
The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

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Oil

U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023

Germans Face More Power and Gas Price Hikes in January - Portal

EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials

European Refiners Oversupplied as Oil Shortage Fears Subside

LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head

India Raises Windfall Tax on Crude Oil

Inpex to Trial Blue Hydrogen and Ammonia Production in Japan

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

Germany’s Gas Turbine Capacity Expansion Moving Too Slow

First Liquefied Natural Gas Exported From Mozambique

Vietnam Leads Gas Expansion Plans in Southeast Asia: Report

Equinor Starts Production at Norwegian Floating Wind Farm

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says