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Natural Gas
Russia to Close Nord Stream 1 Taps for Three Days
Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”
LNG
The World’s Biggest LNG Exporter Has a Pipeline Problem
The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter.
LNG
U.S. Industrial Gas Producer Air Products Exits Russian Business
U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip…
Oil Price
Oil Has Become Too Volatile for Traders
Hedge funds are pulling out of oil as price volatility becomes excessive.
LNG
Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip
Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russia…
Natural Gas
Italian Manufacturers Cut Output to Save Energy, Government Official Says
Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit…
Natural Gas
Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away
As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…
Oil Field
How Norway Can Expand Its Oil Industry and Reduce Emissions
Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n…
Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
LNG
Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…
Oil Refinery
Shell Cuts Output at German Refinery as Rhine Is Drying up
The company has cited the “low water level” of Rhine as the reason for its decision
Natural Gas
Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator
Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.
Natural Gas
Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply
Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de…
Oil Price
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…
Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
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