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Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, Tass Reports
Natural Gas
08-10-2022
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
India
08-10-2022
India's Fuel Demand Slips to 10-Month Low in September
India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.
Crude Oil
08-10-2022
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.
Coal-Fired Power Plants
05-10-2022
Ørsted Ordered to Restart Oil- and Coal-Fired Power Plants amid Supply Crunch
Danish authorities have ordered Ørsted to continue and resume operations of three of its oil- and coal-fired power station units in order to ensure security of supply in Denmark.
Natural Gas
03-10-2022
Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says
Global gas consumption will decline by nearly 1% in 2022
OPEC
03-10-2022
Opec+ to Hold In-Person Meeting Next Week in Vienna
This will be the first in-person ministerial meeting since March 2020, the group says
Natural Gas
30-09-2022
Fourth Gas Leak at Nord Stream Found
Authority supervising the Swedish coastline has confirmed its findings while the US reaffirmed its support to its European allies
Natural Gas
30-09-2022
OPEC+ Has Begun Talks on Output Cut at Oct. 5 Meeting
Leading OPEC+ members have begun discussions about an oil output cut at the group's next meeting on Oct. 5, three sources told Reuters.
Natural Gas
30-09-2022
German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros
A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developments.
Oil Pipeline
30-09-2022
Canada’s Enbridge to Sell Oil Pipelines Stake to Indigenous Groups for C$1.12 Bln
Canada's Enbridge Inc will sell a C$1.12 billion minority stake in seven Alberta oil pipelines to a group of Indigenous communities, in North America's largest energy-related Aboriginal partnership.
Natural Gas
29-09-2022
If the World Needs Gas, We’ll Provide, UAE Says
The country is still looking to boost renewables but will supply fossil fuels when asked.
Gas Turbine
29-09-2022
Boost for Mitsubishi Power Ammonia Gas Turbines in Singapore, Indonesia
MHI announced it is partnering with another Singapore industrial heavyweight to explore the feasibility of an ammonia-fired gas turbine in the same region.
Natural Gas
29-09-2022
Saudi’s ACWA Power, Senegal to Develop Desalination Facility, Natural Gas Plant
The project will be located in Sub-Saharan Africa.
Oil Price
28-09-2022
Biden to US Oil Companies: ‘Bring Down Petrol Prices Now’
Crude prices have fallen in recent weeks on fears of a global economic slowdown.
Natural Gas
28-09-2022
How Germany’s Industrial Giants Are Preparing for Winter
Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply - but it has come at a price.
Natural Gas
27-09-2022
Sweden Issues Warning of Two Gas Leaks on Nord Stream 1 Pipeline
Sweden's Maritime Authority said on Tuesday it had issued a warning of two leaks on the Russian-owned Nord Stream 1 pipeline in Swedish and Danish waters, shortly after a leak on the nearby Nord Stream 2 project was discovered.
Oil Price
27-09-2022
Oil Prices Steady on Prospect of Balancing Supply After Steep Selloff
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in the U.S. dollar, tempered an earlier selloff.
Natural Gas
27-09-2022
Group of Countries to Push EU for Gas Price Cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen by Reuters.
Oil Price
27-09-2022
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on the top U.S. offshore production region.
Natural Gas
27-09-2022
Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years
Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014
Oil Price
27-09-2022
Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.
Natural Gas
27-09-2022
Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday
Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.
Crude Oil
27-09-2022
APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil
Crude Oil
26-09-2022
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Oil Price
26-09-2022
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures submitted to the government by state oil company NNPC.
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Russia's Gazprom Shut Dozens of Gas Wells in Orenburg Region Before Floods
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Ukrnafta Increases Reserves by 3 Mln Tonnes of Oil, 600 mcm of Gas
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ONGC Initiates Oil Production From Its Deep-Water Asset