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Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
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
Russia to Pursue Gas Deals With Turkey at G20
Russia is set to announce its plans for gas deals with Turkey at the G20 meeting in Indonesia next week, Russia’s foreign ministry said on Thursday.
Hydrogen Technology
Race to Ship Clean Canadian Hydrogen to Europe Navigates Choppy Water
On Canada's tranquil Atlantic coast, a dozen companies are racing to ship Canada's first green hydrogen to Europe by 2025, aiding the continent's worldwide sear…
Natural Gas
Nord Stream 1 Operator Says It Found Craters at Damaged Pipeline Site
The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage o…
Natural Gas
European Natural Gas Prices Fall Amid High Storage Levels and Warm Weather
Concerns are growing about the continent's ability to meet 2023 demand as Russian supplies dwindle.
Natural Gas
Europe’s Gas Use Down in September as High Prices Hit Industry
Europe slashed its gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were …
EU
EIB Group Supports REPowerEU Plan With €30BN Financing
Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.
Nuclear Power Plant
U.S. Developing Domestic Uranium Strategy -Energy Secretary
The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce depend…
LNG
TotalEnergies Clocks $9.9 Bln Profit in Q3, Books New Russian Impairment
TotalEnergies posted a sharp jump in its third quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited fro…
Natural Gas
Factbox: How Is Germany Replacing Russian Gas?
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows fro…
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
Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha…
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
Nord Stream 2
Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced
Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.
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