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Oil Price
Average Gas Prices Climb for the 8th Week in a Row
Average gas prices in the U.S. have climbed for the eighth consecutive week.
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…
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.
Natural Gas
Equinor Posts US$15bn Earnings on High Gas Prices
Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
Natural Gas
China Is Reselling LNG Cargoes, Driving Gas Prices Lower
Major Chinese LNG importers are now offering to resell some cargoes on the spot market this year, suggesting that China has stocked up more than enough to see i…
Energy Security
Moldova Declares State of Emergency in Energy Sector
The Moldovan parliament approved a measure by prime minister Natalia Gavrilita to declare a state of emergency in the energy sector for 60 days to ensure uninte…
Natural Gas
Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…
Oil Price
Gas Prices Surging in Europe
Increasing concern about Europe's reliance on gas supplies from Russia has led to fears of continued price volatility in the international energy market.
Crude Oil
High Gas Prices Lead To Conversion Of Ammonia Plant To Green Hydrogen
Incitec Pivot is Australia’s largest supplier of fertilisers, producing around two million tonnes of ammonia each year for use in Australian agriculture.
Natural Gas
EU Natural Gas Prices Tumble For Fifth Straight Day
20 tankers with U.S. LNG are traveling to Europe, and another 14 are headed in the same general direction awaiting further orders
Natural Gas
High Gas Prices Push up Electricity Cost in EU
Spot natural gas prices trading in the Netherlands soared this week near to record highs seen in October. Electricity prices have surged across Europe.
Natural Gas
European Gas Extends Gains as Giant Field in Norway Cuts Output
European natural gas prices extended gains as one of the region’s biggest fields curbed output because of a fault.
Oil Pipeline
Germany Suspends Nord Stream 2 Certification
Natural gas prices at the key European hubs jumped to three-week highs on Tuesday after Germany said it had suspended the process of certification of the Russia…
Natural Gas
U.S. Natural Gas Prices Could Soon Hit $6
Research firm HFI noted that the latest 10-15-day weather forecast is pointing towards colder than usual weather
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