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Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
Natural Gas
25-05-2022
Spain Paints Itself as the Answer to Europe’s Russian Energy Problem
Spanish Prime Minister Pedro Sanchez has said his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies from Russia.
Natural Gas
24-05-2022
Could Hydrogen Ease Germany’s Reliance on Russian Gas?
The war in Ukraine has upended Germany's energy policy. The nation currently buys around 25% of its oil and 40% of its gas from Russia, contributing billions of euros a year to Moscow's finances.
Russian Federation
24-05-2022
Gazprom Says Gas Transit via Ukraine Continues, up From Monday
Russian gas producer Gazprom (GAZP.MM) said it continues to supply gas to Europe through Ukraine via the Sudzha entry point.
LNG
24-05-2022
EU Plans First Joint Gas Buying Before Winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and build a buffer against further energy supply shocks.
Natural Gas
24-05-2022
BMW Exploring Energy Investments to Reduce Dependence on Natural Gas
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring the industry to a standstill.
LNG
23-05-2022
EMA Wants 2 More Term LNG Importers
The Energy Market Authority (EMA) has issued a request for proposal as it seeks to appoint two more term Liquefied Natural Gas (LNG) importers for Singapore.
LNG
23-05-2022
Norway’s Hammerfest LNG Plant Extends Outage Until May 27
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco said on Sunday.
Natural Gas
23-05-2022
Iran Seeks to Revive Gas Project With Oman Ahead of Raisi Visit
Iranian Oil Minister Javad Owji met Oman’s foreign and energy ministers in Muscat and discussed reviving a project to develop a shared gas field that’s been stalled for almost 20 years.
LNG
23-05-2022
Natural Gas Prices Under Pressure From Soaring U.S. Demand
U.S. natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage levels declining.
OPEC
23-05-2022
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many headaches among government officials around the world.
Natural Gas
20-05-2022
‘Finland Could Be Cut off Gas by Russia This Week’
Finland’s state-owned energy provider has warned that there is “a real risk” of natural gas supply.
Natural Gas
19-05-2022
Netherlands to Ban Fossil Fuel Boilers From 2026
Dutch homes will have to install sustainable heating systems, such as a hybrid heat pumps, instead.
Oil Price
19-05-2022
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
LNG
18-05-2022
GE Secures Order for 1.6GW Combined Cycle Plant in Vietnam
GE has secured an order to provide power generation equipment for energy company PetroVietnam Power Corporation’s (PV Power) Nhon Trach 3 and 4 combined cycle power plant.
Natural Gas
16-05-2022
Surging Natural Gas Prices Squeeze U.S. Industrial Sector
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions.
Natural Gas
16-05-2022
Natural Gas Has Potential to Expand Significantly over the Coming Decades in G20 and Propel South East Asia’s Growth Trajectory
The upcoming G20 Energy Ministerial under the Presidency of Indonesia signals an opportunity to emphasise the soaring role of natural gas in satisfying growing energy needs of G20 and recognise importance of natural gas for the World.
Oil Price
16-05-2022
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the European Union preparing to phase in a ban on imports from Russia.
Natural Gas
16-05-2022
Spain and Portugal Target Price Cap for Natural Gas to Combat Skyrocketing Inflation
Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal stepping into their domestic energy markets to cut prices for consumers.
Russian Federation
16-05-2022
Gazprom Books Gas More Transit Capacity for Monday, Ukrainian Operator Says
Russian state gas company Gazprom booked transit capacity of 65.20 million cubic metres for May 16 via the Sudzha entry point.
Oil Price
16-05-2022
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
LNG
13-05-2022
India Looks to Import More LNG amid Rising Demand
Gas demand from households in cities and from the transportation sector in India is currently outpacing supply.
Crude Oil
13-05-2022
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and looks to reduce reliance on Russian oil.
Crude Oil
13-05-2022
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas Supply
13-05-2022
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expected amount of gas produced by Russia in 2022.
Oil & Gas Supply
13-05-2022
Russia Could Cut Gas Supply to Finland on Friday
Key Finnish politicians have been warned that Russia could halt its gas supplies to neighbouring Finland on Friday.
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