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Oil & Gas Supply
European Gas Shortages To Keep Wholesale Prices High This Winter And Next
New modelling from Cornwall Insight included in our report - ‘Another winter of discontent?’ - has shown wholesale gas prices this December have mor…
Oil & Gas Supply
Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol
A gas station worker fills up a car's tank with ethanol in Cuiaba, Brazil, October 2, 2019. REUTERS/Marcelo TeixeiraSAO PAULO, Dec 15 (Reuters) - A settleme…
LNG
ICE Warns It Could Relocate Gas Trading Out Of EU If Bloc Caps Price
A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/…
Natural Gas
COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years
Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.
Oil & Gas Supply
The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”
Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Clean Energy Transition
Australian Energy Crisis Gives Rise to New Gas Supply Need
Energy prices rose 400% up to AU$40 per gigajoule.
Natural Gas
Russia to Close Nord Stream 1 Taps for Three Days
Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”
Oil Field
How Norway Can Expand Its Oil Industry and Reduce Emissions
Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n…
Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
Oil & Gas Supply
IEA: “Europe Set to Face Supply Disruptions in Winter, Even With Gas Storage at 90%”
Dr Fatih Birol has said Europe needs to reduce its current gas consumption further to prepare for a “tough” winter
Natural Gas
Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply
Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restr…
LNG
LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand
If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …
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