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LNG
Shell Invests in Qatar LNG North Field East Project
Shell buys 25% stake in Qatar LNG North Field East expansion project which will have capacity of 32mn tonnes a year
Natural Gas
IEA: Global Gas Demand Set for Slow Growth Due to High Prices
Analysts expect slower economic growth and less switching from coal or oil to gas
Oil Field
Norway’s Equinor Shuts Down Three Oilfields Due to Strike
The shutdown of the Gudrun, Oseberg South and Oseberg East fields comes after the Norwegian Organisation of Manager and Executives (Lederne) trade union went on…
Natural Gas
Norway Ramps up Natural Gas Production to Combat Energy Crisis
Norway’s authorities have approved applications from operators to boost production from several gas fields, the Norwegian Ministry of Petroleum and Energy said…
New Methane Binding Process Could End Insanely Wasteful Burn-Offs
The global oil industry wastefully burns off about as much natural gas as is used by all of Central and South America – but a new methane binding agent offers …
LNG
The Canadian Government Will Not Fund New LNG Terminals
According to Canada's Natural Resources Minister, Canada will not financially support the two new LNG export projects that have been proposed.
Natural Gas
“Total Halt of Russian Energy Exports to Europe Could Put UK’s Energy Security at Risk”
Europe could face a ‘severe recession’ if Vladimir Putin turns off the gas flows, according to a report
Oil Refinery
Fire at Norway’s Mongstad Oil Refinery Extinguished
The incident, which was reported at 5.46am yesterday, occurred in a section of the refinery that produces gasoline, leading to parts of the plant involved in pr…
Russian Federation
Putin Signs Decree to Seize Control of Project Partly Owned by Shell
Shell has a 27.5% stake in the oil and gas project
Australia
ConocoPhillips Adds to Aussie Offshore Exploration Portfolio
US operator adds to its position in south-east Australia where domestic gas demand is strong
LNG
UK’s LNG Imports Doubled in First Quarter
UK’s liquefied natural gas (LNG) imports in the first quarter of 2022 reached the highest level recorded over a decade.
Oil Price
Bezos Slams Biden’s Call For Gasoline Stations to Cut Prices
Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies r…
Oil Refinery
Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…
Oil Refinery
Strike Ends at Exxon Refinery in France
A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company sai…
Global Energy Security at Risk as Recoverable Oil Drops
Global recoverable oil is estimated at 1.57 trillion barrels, 9% down from last year.
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