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LNG
Tree Energy Solutions Fast Tracks German Green Gas Project
Tree Energy Solutions fast tracks Wilhelmshaven green gas project to bolster German and European energy security amid the Ukraine crisis.
Oil Demand Predicted to Peak by 2025
Power consumption is expected to triple by 2050, according to a new report.
Crude Oil
EU Steps Up Purchases of U.S. Oil
EU crude oil imports from the U.S. are ramping up as the EU mulls an import ban on Russian crude.
Oil Field
Chinese Giant Brings on Stream Two Projects in Bohai Sea
Chinese oil and gas player CNOOC Limited has kicked off production from two oilfield development projects located in the Bohai Sea off China.
Oil&Gas Drilling
Shell Gets Closer to Drilling North Sea Gas Target This Year
Oil major Shell and its London-based partner Deltic Energy are planning to drill an exploration well on the Pensacola gas prospect in the UK sector of the North…
LNG
UK’s Gas Imports From Russia Increased by 37% in 2021
Russia was the fourth-most imported source for the UK last year, according to official data.
World Needs to Spend an Additional $1.3Bn on Energy by 2030
A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans.
Oil & Gas Trade
Possible to Pay for Russian Gas While Complying with Sanctions - Uniper
Uniper, Germany's main importer of Russian gas, on Monday said it would be possible to pay for future supplies without breaching European Union sanctions even t…
Oil&Gas Drilling
Biden Reverses Trump Move to Open up More Oil Drilling in Arctic
The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s l…
Crude Oil
Abu Dhabi Crude to Head to Europe, Replace Russian Oil
A shipping unit of France's TotalEnergies has provisionally chartered a tanker to load Abu Dhabi crude in early May for Europe, the first such shipment in two y…
Crude Oil
EU Prepares ‘Smart Sanctions’ on Russia
The European Union is preparing “smart sanctions” against Russian oil imports, The Times says, citing the European Commission’s executive vice-president, Val…
Natural Gas
Austria Is 80% Dependent on Russian Natural Gas, Minister Says
Big Oil executives are reportedly dumping tens of millions of dollars worth of company shares.
LNG
High LNG Prices Are Here to Stay
The global market for LNG has turned from a buyer’s market to a seller’s market.
Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Oil&Gas Drilling
Chevron Cleared to Start up Gorgon and Jansz Feed Gas Pipeline and Wells
Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Chevron’s environment plan for the commissioning, s…
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