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Natural Gas
Surging Natural Gas Prices Squeeze U.S. Industrial Sector
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United S…
Natural Gas
Natural Gas Has Potential to Expand Significantly over the Coming Decades in G20 and Propel South East Asia’s Growth Trajectory
The upcoming G20 Energy Ministerial under the Presidency of Indonesia signals an opportunity to emphasise the soaring role of natural gas in satisfying growing …
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
Natural Gas
Spain and Portugal Target Price Cap for Natural Gas to Combat Skyrocketing Inflation
Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal stepping into their domestic energy markets to cu…
Russian Federation
Gazprom Books Gas More Transit Capacity for Monday, Ukrainian Operator Says
Russian state gas company Gazprom booked transit capacity of 65.20 million cubic metres for May 16 via the Sudzha entry point.
Oil Price
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
LNG
India Looks to Import More LNG amid Rising Demand
Gas demand from households in cities and from the transportation sector in India is currently outpacing supply.
Crude Oil
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look…
Crude Oil
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Oil & Gas Supply
Russia Could Cut Gas Supply to Finland on Friday
Key Finnish politicians have been warned that Russia could halt its gas supplies to neighbouring Finland on Friday.
OPEC
OPEC+ Misses Production Target by Whopping 2.7 Million Bpd
All 13 members of OPEC saw their production rise by just 153,000 barrels per day.
Offshore Wind Power
BP Bids for Two Dutch Offshore Wind Power Leases
Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewab…
Energy Transition
Circular Economies: A Pathway to the Green New World
Amidst a global energy transition, the financial and social outlook of oil and gas companies is undergoing an extraordinary transformation. One of the key metho…
Crude Oil
China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning
China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge …
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