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Natural Gas
GECF Recognises Leading Personalities with First-Ever Awards
The Gas Exporting Countries Forum yesterday announced the recipients of the inaugural GECF Awards.
Oil Price
Diesel Nearing Highest Price in a Decade
BISMARCK, N.D. (KFYR) - Fuel prices continue to rise, and that means diesel prices are up as well. While most motorists don’t use that blend of fuel, it makes …
Oil Price
Fuel Prices up for 8th Straight Week
Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.
Oil Price
Oil Rises as Russia-West Stand-off Alarms Tight Market
LONDON/HOUSTON (Reuters) -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil pr…
Oil Exploration
TotalEnergies Announces Major Oil Discovery Offshore Suriname
TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in r…
Net Zero Emission
HSBC Targets 34% Cut to Emissions from Oil and Gas Clients by 2030
HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank’s sustainability chief told Reuters, marking the …
Crude Oil
India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year
India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti…
Natural Gas
Global Crunch Likely to Double Local Gas Prices
An accelerated recovery in energy demand from the covid-lows coupled with inadequate supply expansion in 2021 vaulted prices to record highs, sending shockwaves…
Crude Oil
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…
LNG
Shell Sees LNG Demand Climbing by 90% over Next 20 Years
Global liquefied natural gas demand is set to surge by 90 percent by 2040 compared to 2021 to exceed 700 million tons annually in two decades, as LNG and gas wi…
Crude Oil
Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine
Energy prices, notably natural gas and crude, climbed sharply, amid the threat of a full-scale invasion of Ukraine by Russia.
Texas Oil Refinery Workers Ratify Exxon Contract Offer, Ending Lockout
Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted on Monday by a nearly two-thirds margin to accept an Exxon Mobil Corp …
Oil Price
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
Oil prices tumbled giving up early gains on Monday as US President Joe Biden and Russia's Vladimir Putin plan to hold a summit on the Ukraine crisis and on pros…
Oil Price
Gas Prices in Seoul Top 1,800 Won Per Liter
Gas prices in Seoul topped 18-hundred won per liter on Monday for the first time in 14 weeks.
Crude Oil
India Move to Fill up Crude Oil Storages
Indian Strategic Petroleum Reserves Limited issues tenders to fill up the reserves at Visakhapatnam and Mangalore
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