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Natural Gas
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…
LNG
Petrobras Signs Landmark Gas Supply Deal with Gerdau
Brazil's state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model designed to c…
Crude Oil
Opec Lifts Oil Demand Forecast for 2022
Opec has increased its global oil demand forecast for 2022 by almost 1mn b/d, taking it back above 100mn b/d, even though there was some disquiet about this at …
LNG
Samsung Heavy Industries Highly Likely to Win Big LNG Carrier Project from Russia
Samsung Heavy Industries is highly likely to win another big shipbuilding order from Russia.
Hydrogen Production
Finnish Company Studies Hydrogen from Natural Gas without Carbon Emissions
Process breaks down methane into hydrogen, pure solid carbon, company says
Oil Price
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another…
Oil & Gas Trade
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…
Oil Pipeline
Gazprom Completes Construction Of Nord Stream 2 Gas Pipeline
Gazprom completed early on Friday construction of the Nord Stream 2 pipeline, the Russian gas giant said today, although gas flows on the controversial Russia-l…
Mexico
66% Of Gulf Of Mexico Oil Production Still Offline On Friday
The largest deepwater crude oil terminal in the United States has reopened in full after Hurricane Ida struck force a closure, a spokesperson said on Friday.
CCGT
Siemens Supplying Turbines for 1.1GW CCGT Plant in Taiwan
Taiwan is taking another major step in its move from coal and nuclear with plans to build a 1.1GW combined cycle gas turbine plant powered by re-gasified liquef…
Crude Oil
Oil Slides After China Unexpectedly Releases Crude From National Reserve
Just hours after China revealed yet another high in producer price inflation, Beijing has taken the unprecedented step of releasing oil from its national crude …
Oil&Gas Drilling
ExxonMobil makes 20th Discovery on Stabroek as New Liza FPSO Heads to Guyana
U.S. oil major ExxonMobil has revealed a new discovery has been made at the Pinktail well in the Stabroek Block offshore Guyana.
Nigeria
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve…
Hydrogen Production
APA Gets Govt Funds for Research into Using Gas Pipeline for Hydrogen
Australian energy infrastructure company APA Group has received AUD 300,000 from the Western Australia government to help test the ability of 43 km of the Parme…
OPEC
GECF Joins OPEC Ministerial Roundtable on Energy, Climate and Sustainable Development
Addressing more than 100 delegates, HE Yury Sentyurin, Secretary General of the GECF, said that the 18-member consortium is fully committed to develop actions t…
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