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Oil & Gas
German Energy Regulator Urges Consumers To Save More Gas
Households must reduce gas consumption by 20%, more than they’re currently doing, to avoid shortages in coming months, Bundesnetzagentur warns.
Energy Economy
Nearly 30% Of British Gas Customers Still Missing Out on Energy Vouchers
Almost a fifth of SSE and ScottishPower customers said they hadn’t got their October or November voucher, according to a survey
Oil & Gas
U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia
U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”
Oil & Gas
ICE Warns EU Gas Price Cap Could See Prices Rise
An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.
Oil & Gas
U.S., Britain Launch Energy Partnership to Boost Supplies
The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain
Oil & Gas
Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go
Oil & Gas
Eastward Gas Flows via Yamal-Europe Pipeline Fall to Zero
Eastbound gas flows through the Yamal-Europe pipeline to Poland from Germany fell to zero on Monday morning, while Russian supplies to Europe via Ukraine inched
Oil & Gas
European Gas Consumption Is 24% Below the Five-Year Average
Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.
Oil & Gas
Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway
Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit
Oil & Gas
Germany’s Largest State Declares Emergency Amid Energy Crisis
North Rhine-Westphalia, the biggest state in Germany in terms of economy and population, has declared an emergency situation amid the energy crisis in order to
Oil & Gas
Eni Holds Preliminary Talks to Buy UK Gas Producer for up to $6 Billion
Italian energy major Eni has held preliminary talks to potentially buy UK-based gas-focused producer Neptune Energy for up to $6 billion, Reuters reported on We
Oil & Gas
Saudi Arabia Makes More Unconventional Gas Discoveries
Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.
Energy Economy
Shell to Acquire Nature Energy
Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners, and Sa
Oil & Gas
Europe to Raise LNG Import Capacity Significantly Through 2024
The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.
Oil & Gas
Strong Growth in Natural Gas Generation Seen in Asia
This will mostly be driven by Southeast Asian markets.
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