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Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
Natural Gas
03-04-2022
US LNG Exports Surge 16% amid Higher Demand From Europe
US liquefied natural gas exports rose nearly 16 per cent last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.
Natural Gas
02-04-2022
Russia's Gazprom Says Gas Exports to Europe via Ukraine Continue
Russian state-owned energy giant Gazprom said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers.
Oil Shale
02-04-2022
China's Major Shale Gas Field Records Output Growth in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.67 percent year on year.
Oil Price
02-04-2022
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s war in Ukraine.
Natural Gas
02-04-2022
Gas Power Outlook: Volatility and Viability
Natural gas generation’s future hinges on a precarious and exceptionally volatile set of issues that the conflict in Ukraine intensified.
Oil Price
02-04-2022
Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline in response to elevated crude and gasoline prices.
Crude Oil
02-04-2022
U.S. Issues Formal Notice of Record Sale of Oil From Reserve
The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever in an effort to push down fuel prices that have soared during Russia’s war with Ukraine.
Natural Gas
01-04-2022
With War in Ukraine and Threats From Putin, Europeans Anxiously Wait for Energy Rationing
European countries are facing the possibility of energy supplies being rationed, as a dispute between Moscow and the West over payments for Russian exports rages on.
LNG
01-04-2022
China's Guangzhou Development, Mexico Pacific Sign 2 Mil MT/Year LNG Deal
China's Guangzhou Development Group, a Guangdong provincial government-owned power and natural gas supplier, agreed March 31 to buy 2 million mt/year of LNG from Mexico Pacific LNG Markets Pte. Ltd. for a 20-year period.
Oil Price
01-04-2022
U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices
The Biden administration on Thursday said the U.S. will release 1 million barrels of oil per day from reserves.
Joe Biden
01-04-2022
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by International Energy Agency (IEA) member countries later in the day.
Natural Gas
01-04-2022
Russia Foreign Gas Buyers 'Must Pay in Roubles' Says Putin
Russian President Vladimir Putin raises the energy stakes as Germany enacts early warning level for Emergency Plan for Gas amid supply concerns.
Oil & Gas Supply
31-03-2022
Russia Appears to Be Softening Its Gas-For-Rubles Demand, Easing Supply Risks to Europe — for Now
Russia appears to have walked back demands that European companies pay for gas supplies in rubles from Thursday, temporarily alleviating the risk of supply disruptions.
Natural Gas
31-03-2022
Putin’s Isolation From Europe Could Usher in Natural Gas Opportunities for Africa
With the U.S., EU and U.K. looking to phase out Russian gas imports, Western leaders could look to liquified natural gas projects in sub-Saharan Africa to soften the landing.
Nord Stream 2
31-03-2022
Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
One of the early casualties of Russia’s invasion of Ukraine has been the Nord Stream 2 gas pipeline, a massive energy project that took several years to build and cost $11 billion.
OPEC
31-03-2022
Opec Mulls Removing IEA as a Secondary Source
Opec has removed Paris-based energy watchdog the IEA from the panel of "official" secondary sources that monitor the group's monthly crude production.
LNG
31-03-2022
U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand
The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to the European Union (EU) but also reduce overall natural gas demand in the U.S. and EU.
Joe Biden
31-03-2022
Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices
President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.
South Korea
30-03-2022
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook said.
United States
30-03-2022
Shell Fires up Olympus Tie-Back in Gulf of Mexico
Oil major Shell has kicked off production from a deepwater tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.
Oil Price
30-03-2022
Oil Rises on Supply Tightness Despite "Constructive" Ukraine-Russia Talks
Oil prices climbed on Wednesday on hopes of progress in peace talks between Russia and Ukraine and providing a fresh reminder supply remains tight as data showed U.S. crude stocks fell sharply last week.
United Kingdom
29-03-2022
Macquarie to Purchase Controlling Stake in UK Gas Grid
Australian mining company Macquarie has agreed a deal to purchase control of the UK’s gas infrastructure for £4.2bn ($5.5bn).
EU
29-03-2022
Doubling Renewables ‘Could Help Europe Halve Gas Usage by 2030’
An accelerated push for renewables could cement Europe’s efforts to halve its total gas consumption, as countries strive to enhance sustainable economic development plans amid the energy crisis.
Oil Price
29-03-2022
Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s
Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any single year in the 1970s.
LNG
29-03-2022
U.S., German Officials to Meet this Week on LNG, Hydrogen Supplies
U.S. and German government officials will meet in Berlin this week with energy industry executives to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.
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