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Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Natural Gas
Price Volatility and Rising Demand Revive U.S. Natural Gas Trading
Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…
Carbon Emissions
Methane Emissions Surged by a Record Amount in 2021, NOAA Says
Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.
Oil Price
Shell Raises Russia Writedown to as Much as $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…
LNG
China Signs Another Deal to Buy US LNG
US-based Next Decade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years starting as early as 2026 from…
Natural Gas
Why Renewables Can’t Solve Europe's Energy Crisis
Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but the Russia-Ukraine conflict has highlighted the shortcomings of ren…
Natural Gas
High Natural Gas Prices Could Lift Green Hydrogen Investment
Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.
Natural Gas
In Russia-Europe Gas Standoff, Both Sides Lose
Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges "unfriendly" unles…
Natural Gas
US LNG Exports Surge 16% amid Higher Demand From Europe
US liquefied natural gas exports rose nearly 16 per cent last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continui…
Natural Gas
Russia's Gazprom Says Gas Exports to Europe via Ukraine Continue
Russian state-owned energy giant Gazprom said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European cons…
Oil Shale
China's Major Shale Gas Field Records Output Growth in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.…
Oil Price
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…
Natural Gas
Gas Power Outlook: Volatility and Viability
Natural gas generation’s future hinges on a precarious and exceptionally volatile set of issues that the conflict in Ukraine intensified.
Natural Gas
With War in Ukraine and Threats From Putin, Europeans Anxiously Wait for Energy Rationing
European countries are facing the possibility of energy supplies being rationed, as a dispute between Moscow and the West over payments for Russian exports rage…
LNG
China's Guangzhou Development, Mexico Pacific Sign 2 Mil MT/Year LNG Deal
China's Guangzhou Development Group, a Guangdong provincial government-owned power and natural gas supplier, agreed March 31 to buy 2 million mt/year of LNG fro…
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