Oil

Natural Gas
Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices
60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic.…
Oil Refinery
French Government: On Right Track Over Further Easing Petrol Supply Problems
The French government said on Sunday that France was on the right track over further easing the problem of petrol service stations not having enough petrol due …
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Oil Field
Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future
Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l…
Natural Gas
Floene – Largest Gas Distribution Operator in Portugal
Portugal’s largest gas distribution network Galp Gás Natural Distribuição has been renamed Floene.
Paris Climate Agreement
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
LNG
CEZ Seeks Higher Capacity at Dutch LNG Terminal, Wants Damages From Gazprom
Czech power utility CEZ is in talks to raise the capacity it has booked at a new Dutch liquefied natural gas (LNG) terminal.
Natural Gas
Uniper Shuts Down 50% Of Headquarters to Save Gas
German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas.
LNG
Philippines Sees Room for LNG Despite Renewables Push
The use of LNG imports for power generation in the Philippines next year should not be a disincentive for investors in renewables.
Net Zero Emission
Ottawa and Alberta Clash Over Who Must Pay to Lift Canada’s Carbon Capture Credits
Canada's federal government and the main oil producing province of Alberta are at odds over who should pay to bolster tax credits and scale up a crucial technol…
Oil Price
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …
Oil Shale
Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output
U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…
Oil Refinery
Exxon Shares Surge to Record High on Strong Earnings Outlook
Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Oil Field
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…

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Oil

Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices

French Government: On Right Track Over Further Easing Petrol Supply Problems

Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins

Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future

Floene – Largest Gas Distribution Operator in Portugal

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

CEZ Seeks Higher Capacity at Dutch LNG Terminal, Wants Damages From Gazprom

Uniper Shuts Down 50% Of Headquarters to Save Gas

Philippines Sees Room for LNG Despite Renewables Push

Ottawa and Alberta Clash Over Who Must Pay to Lift Canada’s Carbon Capture Credits

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

Exxon Shares Surge to Record High on Strong Earnings Outlook

Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans

UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields