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Solar Power Plant
Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
OPEC
02-06-2022
OPEC+ Working On Making up for Lower Russian Oil Output
OPEC+ is working on making up for a drop in Russian oil output as Russia's production has fallen by around 1 million barrels per day as a result of Western sanctions on Moscow over Ukraine.
United Kingdom
02-06-2022
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion through 2025, according to investment bank Jefferies.
Oil & Gas Supply
01-06-2022
Gazprom Cuts Gas Supply to Orsted and Shell Energy
Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, citing the companies' failure to make payments in roubles.
LNG
01-06-2022
First Dutch Bio-LNG Installation Produces Millionths Kilogram
The Netherlands’ first bio-LNG plant has now achieved a production milestone of 1 million kg, enabling approximately 4 million km of sustainable transport with heavy-duty trucks.
Denmark
01-06-2022
Danish Offshore Wind Giant Rejects Demand for Payments in Roubles
Ørsted has said there is a risk that Gazprom Export will stop supplying gas to the company.
LNG
31-05-2022
Nearly Six Million UK Homes ‘Could Be Hit by Power Cuts Due to Energy Shortage’
Experts have warned that energy-intensive industries will be the first to feel the pinch.
LNG
31-05-2022
Europe’s Dash for Gas Puts Australia’s LNG Import Plans at Risk
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.
Oil Price
31-05-2022
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
Denmark
31-05-2022
Denmark Fully Prepared to Be Cut Off From Russian Gas
Denmark has joined the list of countries refusing to pay for Russian gas using a ruble conversion scheme, prompting the country’s state-run gas company on Monday to warn that Gazprom could cut off gas exports in retaliation.
OPEC
30-05-2022
Iran’s Two-Month Petrochemical Export Revenues Surge 64% On Year
Iran’s revenues from petrochemical exports surged by 64% year on year to $2.45bn in the first two months of its fiscal year, official data showed on Sunday.
EU
30-05-2022
EU’s Borrell Hopeful of Deal on Russian Oil Ban
European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, during talks being held by officials, the bloc's foreign policy chief said on Monday.
LNG
30-05-2022
Shell Greenlights $2.5 Bln Crux Gas Project off Australia
Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.
Oil Price
30-05-2022
U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of physical crude oil to all-time records according to traders.
Oil&Gas Drilling
30-05-2022
Aussie Giant Gas Probe Under Way
Australian independent Western Gas has spudded one of the nation’s most keenly anticipated offshore wildcats of 2022.
Russian Federation
29-05-2022
Russia's Gazprom Continues Shipping Gas to Europe via Ukraine
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/Reuters photographer/File PhotoRussian gas producer Gazprom said on Sunday its supply of gas to Europe through Ukraine via the Sudzh
Oil&Gas Drilling
27-05-2022
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s most prolific areas for oil and natural gas production.
Crude Oil
26-05-2022
US to Sell Up to 40.1M Oil Barrels From Emergency Stockpile
The Department of Energy must receive bids for this notice of sale no later than 10.00am Central Time on 1st June 2022.
Crude Oil
26-05-2022
Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says
India is speeding up its plan to blend ethanol with petrol to help cut down crude imports in the long term
Russian Federation
26-05-2022
Russia and Iran Discuss Swapping Supplies for Oil and Gas, Goods Logistics
Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub.
Natural Gas
26-05-2022
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on environmental grounds, three sources told Reuters.
United Kingdom
25-05-2022
UK Energy Price Cap Expected to Rise by 42% In October
Billpayers in the UK have seen the energy tariffs rise faster than ever before.
Natural Gas
25-05-2022
Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says
In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.
Gas Turbine
25-05-2022
GE Plans Gas Turbine Upgrade at Al Taweelah Power Plant in the UAE
UAE-based aluminium producer Emirates Global Aluminium (EGA) has signed an agreement with GE Gas Power to upgrade four existing gas turbines at EGA’s Al Taweelah power plant.
Energy Transition
25-05-2022
Qatar and Germany Sign Agreement on Energy Partnership
Qatar’s Minister of State for Energy Affairs and the German Minister for Economic Affairs and Climate Action have signed a joint declaration of intent to further promote the cooperation between the two countries in the field of energy.
Crude Oil
25-05-2022
Biden Administration Says It Has Not Ruled Out Export Curbs to Ease Fuel Prices
U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday.
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