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Oil
Crude Oil
US to Sell Up to 40.1M Oil Barrels From Emergency Stockpile
The Department of Energy must receive bids for this notice of sale no later than 10.00am Central Time on 1st June 2022.
Crude Oil
Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says
India is speeding up its plan to blend ethanol with petrol to help cut down crude imports in the long term
Russian Federation
Russia and Iran Discuss Swapping Supplies for Oil and Gas, Goods Logistics
Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub.
Natural Gas
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
Geothermal Power Plant
New Geothermal Research Alliance Established in Greece
Greece's largest research center and a Greek oil and gas services firm agree to collaborate on researching geothermal energy aspects in Greece.
United Kingdom
UK Energy Price Cap Expected to Rise by 42% In October
Billpayers in the UK have seen the energy tariffs rise faster than ever before.
Natural Gas
Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says
In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.
Gas Turbine
GE Plans Gas Turbine Upgrade at Al Taweelah Power Plant in the UAE
UAE-based aluminium producer Emirates Global Aluminium (EGA) has signed an agreement with GE Gas Power to upgrade four existing gas turbines at EGA’s Al Taweel…
Energy Transition
Qatar and Germany Sign Agreement on Energy Partnership
Qatar’s Minister of State for Energy Affairs and the German Minister for Economic Affairs and Climate Action have signed a joint declaration of intent to furth…
Crude Oil
Biden Administration Says It Has Not Ruled Out Export Curbs to Ease Fuel Prices
U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesd…
Natural Gas
Spain Paints Itself as the Answer to Europe’s Russian Energy Problem
Spanish Prime Minister Pedro Sanchez has said his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies from R…
Natural Gas
Could Hydrogen Ease Germany’s Reliance on Russian Gas?
The war in Ukraine has upended Germany's energy policy. The nation currently buys around 25% of its oil and 40% of its gas from Russia, contributing billions of…
Russian Federation
Gazprom Says Gas Transit via Ukraine Continues, up From Monday
Russian gas producer Gazprom (GAZP.MM) said it continues to supply gas to Europe through Ukraine via the Sudzha entry point.
LNG
EU Plans First Joint Gas Buying Before Winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil…
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