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Crude Oil
Saudi Energy Minister Stresses the Importance of Oil Security
The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.
Natural Gas
Russia to Pursue Gas Deals With Turkey at G20
Russia is set to announce its plans for gas deals with Turkey at the G20 meeting in Indonesia next week, Russia’s foreign ministry said on Thursday.
Natural Gas
Natural Gas Prices Slide as Bearish News Continues to Mount
The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.
Carbon Emissions
S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel
S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…
OPEC
Iraq Respects OPEC+ Deal, Wants to Raise Revenue per Barrel of Oil
Iraq's oil ministry respects the OPEC+ agreement to achieve global market stability.
Natural Gas
Eni Can Double Italian Gas Production in 30-36 Months, CEO Says
In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.
Oil Price
IEA's Birol Says $100 Oil 'Real Risk' for Economy
The head of the International Energy Agency (IEA) said on Wednesday oil prices "flirting with $100" were a real risk for the global economy.
LNG
EU Risks 30 Bcm Gas Shortage in 2023 Storage Filling Season - Von Der Leyen
The European Union risks falling short of some 30 billion cubic metres (bcm) of gas during the next storage filling season in 2023.
Crude Oil
UK’s Market-Defying North Sea Oil IPO Falls Flat
After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …
OPEC
Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show
Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.
Crude Oil
EIA Cuts World Oil Demand Growth for 2023
The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…
Oil Price
European Commission Says Gas Price Cap Is Impossible
The European Commission told countries at a Monday seminar this week that there was no way to create a gas price cap as previously requested by EU leaders.
South Korea
South Korea, Saudi Arabia Eye Continued Cooperation for Energy Supply Chain
The two markets aim to collaborate on oil and hydrogen.
Carbon Emissions
COP27: UAE Says Will Carry on Pumping Oil Responsibly
The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.
LNG
Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows
Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.
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