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Nuclear Power Plant
Can Nuclear Generation Reduce European Reliance on Russian Gas?
Following Russia's invasion of Ukraine, the International Energy Agency and the European Commission have come up with plans to rapidly reduce the European Union…
Energy Investment
Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry
Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…
Crude Oil
PSU Refiners Stock up on Cheap Russian Crude
India's state-run refiners are buying several million barrels of the Russian crude that's selling at a deep discount due to Western sanctions.
LNG
Soaring LNG Demand Creates Traffic Jam at Gulf of Mexico Ports
Gulf Coast liquefaction facilities are operating near capacity thanks to strong demand.
Hydrogen Fuel Cell
Clean Energy Superstar or Smokescreen for Fossil Fuel Use? Here’s What You Need to Know About Hydrogen.
Hydrogen, the lightest and most abundant gas in the universe, is increasingly being used as a fuel.
Crude Oil
The World Could See a Record-Breaking Oil Supply Shock
IEA: market could lose around 3 million bpd of supply from Russia starting in April.
Natural Gas
Average San Diego County Gas Price Rises for 22nd Consecutive Day
The average price of a gallon of self-serve regular gasoline in San Diego County rose Wednesday for the 22nd consecutive day, increasing 3.3 cents to a record $…
Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
Oil & Gas Supply
US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA
The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th…
Natural Gas
Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia
Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…
Natural Gas
IOG Starts Gas Production from Another Saturn Banks Field
UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project.
Oil&Gas Drilling
Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t…
Crude Oil
Oil PSUs Readying to Buy Discounted Russian Crude
Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …
Crude Oil
IEA: 3 mbpd of Russian Oil may not Reach Market from April
Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off…
Coal-Fired Power Plants
Japan's Fukushima Earthquake Shuts Dozen Power Plants, Sendai, Chiba Refineries
A magnitude 7.4 earthquake occurred offshore Fukushima in northeastern Japan late March 16, shutting a dozen coal, gas and oil-fired power plants along with the…
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