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Natural Gas
Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha…
Oil Refinery
Exxon Selling Montana Oil Refinery to Par Pacific in $310 Million Deal
Exxon Mobil Corp on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 million.
Natural Gas
EU Leaders to Keep Studying Gas Price Caps
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho…
Oil&Gas Drilling
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…
Natural Gas
Energy Crisis Poses Existential Threat to Europe’s Industry
European industries are struggling to stay competitive amid soaring energy costs.
Net Zero Emission
India to Pitch for Global Biofuels Alliance at G20 - Oil Minister
India plans to pitch for a global alliance on biofuels among members of the group of 20 major economies, oil minister Hardeep Singh Puri said on Wednesday, as t…
Natural Gas
Analysis: Renewables Shift Lays Bare Africa’s Energy Dilemma
Africa must build oil and gas pipelines, liquefied natural gas (LNG) terminals, distribution hubs and gas-fired power plants over the next 20 years to unlock it…
Oil Price
US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices
US officials have hinted at more releases if prices continue to surge.
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
Oil Refinery
Workers Continue Strikes at TotalEnergies Normandy and Fezyin Refineries - Union
Workers at TotalEnergies Normandy and Feyzin refineries decided to continue a strike which has dragged on for almost four weeks on Thursday.
Oil Field
Baker Hughes Sees Bright 2023 for U.S. Oil
Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.
Electric Vehicle Battery
Fast-Charging EV Batteries With Nickel Foil
New tech enables standard EV batteries to charge to 70 percent capacity in 11 minutes.
OPEC
Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties
Malaysia has said a decision by OPEC+ member states to cut oil production was unanimous, and made after taking into account the need to address market uncertain…
Natural Gas
Global Natural Gas Crisis Dampens Momentum for ‘Cleaner’ LNG
Europe’s energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunc…
Natural Gas
EU Far From Finding Solutions to Energy Crisis, Spanish Minister Says
European Union members have not yet identified common solutions to the energy crisis, Spain's Energy Minister Teresa Ribera said on Tuesday.
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