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Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
LNG
24-03-2022
EU Seeks Answers to Energy Supply Crunch, U.S. LNG Deal
EU leaders are expected to agree at a two-day summit starting on Thursday to jointly buy gas, as they seek to cut reliance on Russian fuels and build a buffer against supply shocks.
Poland
23-03-2022
Poles Urge EU to Stick with Gas as a Transition Fuel in District Heating
Poland’s largest electricity company, PGE, has asked EU regulators for more time to replace coal with gas in district heating systems.
Natural Gas
23-03-2022
Russian Gas Flows to Europe Dip Slightly
Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards from Germany into Poland along the Yamal-Europe pipeline.
Russian Federation
23-03-2022
TotalEnergies to Halt Russian Oil Purchases by the End of 2022
TotalEnergies has announced it will stop purchasing oil and petroleum products from Russia as soon as possible and by the end of 2022 at the latest.
Oil Price
23-03-2022
Oil Prices Resume Climb After U.S. Stockpiles Drop in Tight Market
Oil prices turned higher on Wednesday, erasing losses from the previous session, after industry data showed U.S. crude stocks fell last week.
China
22-03-2022
COOEC Rolls out Asia’s Largest Offshore Jacket
Jacket constructed at COOEC’s Zhuhai facility is destined for the Lufeng oil complex in the South China Sea.
Crude Oil
22-03-2022
Japans' ENEOS Has No Plans to Sign Russian Crude Import Deals Following Invasion: Chairman
Japan's largest refiner ENEOS does not plan to sign any Russian crude oil import contracts following Russia's invasion of Ukraine, ENEOS Holdings Chairman Tsutomu Sugimori said March 22.
Oil Price
22-03-2022
Oil Approaches $120 as EU Considers Ban on Russian Crude
Fitch Ratings says the outlook for the global economy has 'deteriorated significantly' as inflation rises and Russia’s invasion of Ukraine threatens global energy supplies.
Crude Oil
22-03-2022
Oil Advances as EU Debates Possible Ban on Russian Crude Imports
Oil climbed for a fourth day, heading for the best run in a month, on signs the European Union may be edging closer to a ban on Russian crude imports to punish Moscow for its invasion of Ukraine.
LNG
22-03-2022
France Says Ban On Russian Energy Can’t Be Ruled Out
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding that sanctions are hurting Russia and Vladimir Putin.
Oil Price
21-03-2022
India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?
India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move could upset its trading partners in the West.
Oil Price
21-03-2022
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a weekend attack on Saudi oil facilities caused jitters.
LNG
21-03-2022
LNG Projects in the Gulf of Mexico Boosted as Russian Gas Alternative
Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price collapsed, it laid off 40 percent of its staff, and suspended a key project in Louisiana.
Joe Biden
21-03-2022
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil and gas.
Oil Price
21-03-2022
Oil Settles Volatile Week Below US$105
In the past week, the price of US crude oil, which briefly topped US$130 a barrel amid concerns that the conflict in Ukraine will squeeze energy markets, eased briefly below US$94 a barrel on Wednesday and has since been hovering below US$110 a barrel.
Oil & Gas Supply
21-03-2022
German Gas Supply Concerns Mount for Coming Winter
Germany, which relies heavily on Russian gas, has major concerns over securing supplies for next winter and is doing all it can to secure alternatives, Minister for Economic Affairs Robert
Oil & Gas Supply
21-03-2022
IEA Unveils 10-Point Plan to Cut Oil Supply Crunch
The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions included in the 10-Point Plan
Natural Gas
21-03-2022
Gas Prices Decline Around Nation Amid Falling Oil Prices
Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invasion of Ukraine.
Oil Price
21-03-2022
Diesel Price for Bulk Esers Hiked Rs 25/litre; Private Retailers Stare at Closure
Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers.
Oil Exploration
21-03-2022
Proceeds of Oil and Petroleum Exploration to be Equally Divided Between States in DAB
Chief Minister of Assam has positively indicated for equally dividing the proceeds of Petroleum and Oil exploration and extraction between the two states in sectors A, B & C in the Disputed Area Belt (DAB) area
Joe Biden
21-03-2022
EU to Mull Russian Oil Embargo with Biden Set to Join Talks
EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of summits designed to harden the West’s response to Moscow.
Oil Price
21-03-2022
Oil Climbs on Pressure From Ukraine Conflict, Tight Market
Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their allotted quotas under a supply agreement.
Natural Gas
21-03-2022
Shell Cleared to Restart Prelude FLNG
Shell has been given the green light to resume operations at its Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia after an incident in December last year.
LNG
21-03-2022
Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become less dependent on Russian energy sources.
Oil & Gas Supply
19-03-2022
Europe Can Survive Throughout Summer Without Russian Gas
If Russian flows continue, the European Union (EU) and the UK will end this winter’s heating season with 27 billion cubic meters (bcm) of gas in storage.
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