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Natural Gas
Why LNG Won’t Fully Replace Russian Gas in Europe
Europe faces a number of challenges in importing more U.S. LNG.
Crude Oil
Canada Looking at Boosting Oil Pipeline Flows to U.S., Minister Says
Canada is studying ways to increase pipeline utilization to boost crude exports as Europe seeks to reduce its dependence on Russian oil, the country's natural r…
Crude Oil
Ukraine Crisis Provides 'Renewed Focus' on Gulf Hydrocarbons
Saudi Arabia, Qatar and UAE are all set to capitalise on the realignment of global energy and Europe's diversification of Russian energy supplies.
Natural Gas
U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop
U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…
Carbon Emissions
Global Energy-Related CO2 Emissions ‘Hit Highest Level in History in 2021’
Increased use of coal was the main factor driving up emissions by over two billion tonnes, according to the IEA.
Natural Gas
Gas Prices Jump in Wake of Biden's Ban on Russian Oil
The cost to fill up the gas tank has gone from bad to worse with the national average hitting a new record. President Biden warned Americans to expect to pay ev…
Natural Gas
Gas Prices Reach New High in N.S., Costs Skyrocket in Atlantic Canada
The price of gas has reached a new high in Nova Scotia for the third time in a week, rising another 10.9 cents overnight.
CPS Energy Exploring Novel Geomechanical Pumped Storage Technology
Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore i…
Natural Gas
Demand for Natural Gas on Australia's East Coast Falls
The uptake in renewable energy could see gas demand from Australia’s East Coast decline by around 60% by 2050, depending on the pace of the energy transition, …
Crude Oil
EU Leaders Tackle Escape Route From Russian Fossil Fuels
European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to ditch their key supplier.
LNG
Germany to Build Its Own LNG Terminal
European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …
Natural Gas
Gas Price Side Effects On Southland Commuters
Across Southern California, drivers are fuming about the high cost of fuel the prices, which are pushing some people to the brink. KCAL9's Nicole Comstock spoke…
CNOOC
Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…
Natural Gas
Russian Gas Continues to Flow into Europe on Main Pipeline Routes
Russian gas delivered through pipelines continued to flow via Poland westward into Germany while flows into Slovakia via Ukraine remained at recent high levels …
Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
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