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Natural Gas
EU Says Independence From Russian Gas Is Possible Within Years
The European Union could wean itself off Russian gas within years and start curbing its reliance within months, the European Commission’s climate policy chief …
Natural Gas
Average Gas Price in New Hampshire Above $4 per Gallon
Granite Staters are now paying an average of more than $4 a gallon for gas for the first time in more than a decade.
Natural Gas
Gas Prices Hit Nearly $7 in Parts of Southern California
Gas prices continue to increase and there doesn't seem to be any signs of it slowing down.
Oil Price
Saudi Aramco Raises April Crude OSPs to Asia, Europe, US
Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and…
Crude Oil
China Confident of Ensuring Energy Supply Despite Challenges
China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price…
Crude Oil
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…
Natural Gas
Gas Production in Azerbaijan Increased by 12.9%
According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.
Oil & Gas Supply
Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War
In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …
Oil Price
Policy Certainty Shields Indian Stocks from Oil Price Spike
Declining oil intensity in GDP, rising domestic investors share are among the other reasons, says foreign advisory firm
Oil & Gas Trade
Ukraine: Workers Refuse to Unload Russian Oil from Ship
Workers are refusing to unload Russian oil from a German-flagged ship which is moored at a major British oil refinery.
Oil Price
Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…
Natural Gas
Denmark to Boost Defence Spending and Phase out Russian Gas
Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …
Net Zero Emission
Net-Zero Carbon Emissions Should Not Mean the End of Fossil Fuels – Natural Gas and LNG Must Be Part of the Energy Future
Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil f…
Oil&Gas Drilling
America is Finally Cleaning up its Abandoned, Leaking Oil Wells
Washington is making a concerted effort to plug these wells through a $4.7 billion fund, passed as part of an expansive overhaul of the nation's infrastructure.
Oil & Gas Trade
Hundreds of NGOs Call for Import Ban on Russian Oil, Gas
Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …
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