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LNG
Pakistan’s LNG Import Dependence Puts Energy Security, Financial Stability at Stake
The country imported 7.4 million tonnes of LNG in 2020.
Natural Gas
Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply
Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restr…
LNG
Qatar Energy Partners With Eni for North Field East LNG Project
Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, foll…
Oil Price
Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall
Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…
Crude Oil
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …
United Kingdom
UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’
The UK spent £5.1 billion on Russian energy imports in the year to April 2022.
Clean Energy Transition
Malaysia’s Petronas Launches Clean Energy Firm to Lead Carbon-Free Push
Malaysia's Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to …
LNG
How the World’s Top Coal, LNG Exporter Ran Into a Power Crisis
Australia, the world's top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country's new Labor governmen…
CCS
Shell to Build Ships to Carry More CO2 Over Longer Distances for CCS Hubs
Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (C…
Natural Gas
Israel Signs Deal to Export Natural Gas to EU
The MoU also require the parties to reduce emissions.
Hydrogen Project
Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia
Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia
LNG
Norway’s Equinor Strikes LNG Purchase Deal With Cheniere
The 15-year sales and purchase agreement will add around 1.75m tonnes of LNG per year to Equinor’s portfolio of pipeline gas and LNG.
Energy Security
Lithuania Seeks to Cut Ties With Russian Grid Earlier
Lithuania’s President said the fastest decoupling would increase the energy security of the Baltic countries.
Natural Gas
EU Sees a New Energy Future for Europe
Russian gas is increasingly being shunned and the EU has declared that it envisions a future without the Kremlin's primary bread-winner: natural gas.
LNG
LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand
If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …
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