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Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power gene…
Crude Oil
Nigeria to End Imports of Petroleum Products in 2023
Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T…
Natural Gas
Germany’s Largest State Declares Emergency Amid Energy Crisis
North Rhine-Westphalia, the biggest state in Germany in terms of economy and population, has declared an emergency situation amid the energy crisis in order to …
Natural Gas
Eni Holds Preliminary Talks to Buy UK Gas Producer for up to $6 Billion
Italian energy major Eni has held preliminary talks to potentially buy UK-based gas-focused producer Neptune Energy for up to $6 billion, Reuters reported on We…
Natural Gas
Saudi Arabia Makes More Unconventional Gas Discoveries
Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.
OPEC
Reuters Survey: OPEC Cut 710,00 Bpd in November
Led by Gulf member states, OPEC oil output dropped in November in line with the OPEC+ pledge to cut output by 2 million barrels per day for the month, according…
Crude Oil
Chevron to Ship First Venezuelan Oil to the U.S. By Year-End
Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December.
Nigeria
Nigeria Aims to End Imports of Petroleum Products Next Year
Nigeria expects to stop importing petroleum products from before or around the third quarter of 2023, its oil minister Timipre Sylva said on Tuesday.
LNG
Scholz Welcomes Qatar LNG Deal as 'Building Block' for German Energy Security
German Chancellor Olaf Scholz welcomed a new deal for liquefied natural gas (LNG) from Qatar on Tuesday as a "building block" towards his country's energy secur…
LNG
Excelerate Energy's LNG Plant in Argentina Could Be Completed by 2025, Says Executive
Excelerate Energy, a U.S. company that provides storage and regasification services for liquefied natural gas globally, could complete its planned gas liquefact…
United States
U.S. Senators Introduce Bill to Expand E15 Gasoline Sales, with Support from Oil Group
U.S. senators from Nebraska and Minnesota introduced legislation on Tuesday that would expand nationwide sales of E15.
LNG
Europe to Raise LNG Import Capacity Significantly Through 2024
The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.
LNG
QatarEnergy, ConocoPhillips Sign LNG Supply Deal for Germany
QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years from 2…
Carbon Emissions
U.S. Seeks to Limit Flaring and Methane Leaks from Public Lands Drilling
President Joe Biden's administration on Monday proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest mov…
Oil Refinery
Italy Set to Nationalise Lukoil Refinery - Paper
Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…
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