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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
United Kingdom
18-10-2022
UK Energy Price Cap ‘Could Soon Be Scrapped’
Officials are considering scrapping the price cap when the UK government’s energy bill package ends in October 2024.
LNG
17-10-2022
U.S. Approves LNG Shipping Waiver for Puerto Rico After Hurricane
The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for liquefied natural gas (LNG) after Hurricane Fiona.
Oil Refinery
17-10-2022
French Refinery Strike Further Hits Petrol Supplies, Prime Minister Says
Petrol supplies at French service stations fell further over the weekend due to a weeks-long strike at oil major TotalEnergies.
Natural Gas
17-10-2022
EU Leaders Set to Explore Gas Price Cap Options
European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks.
Natural Gas
17-10-2022
France Sends Germany Gas for First Time Amid Energy Crisis
Germany could get up to 100GWh gas per day from France
Natural Gas
16-10-2022
South Korea’s Gas Consumption to Fall 4% in 2022: Report
It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.
Oil Refinery
15-10-2022
CGT Union Shuns TotalEnergies Talks as French Petrol Crisis Drags On
The CGT union at the core of a weeks-long strike at oil major TotalEnergies slammed the door to talks on Friday, leaving more moderate unions to reach a wage deal as industrial action continues to leave French petrol stations short of fuel.
Natural Gas
15-10-2022
GE to Install H-Class Gas Turbine in 350MW Brazilian Reserve Power Plant
GE has secured an H-Class gas turbine order from Brazilian natural gas operator Eneva for the new Azulão reserve power plant.
Natural Gas
14-10-2022
Italian State Bodies to Approve New LNG Terminal - Commissioner
Italian state bodies, including the influential National Health Institute, are expected to give a positive opinion, albeit conditional, on setting up a new terminal for liquefied natural gas (LNG).
Natural Gas
14-10-2022
Five EU Countries Propose Two Options to Cap Gas Prices
Greece and four other EU countries on Thursday made a joint request to the European Commission to explore two options to cap soaring gas prices and propose possible solutions in a bid to tame surging energy costs.
Natural Gas
14-10-2022
France Sends Germany Natural Gas to Ease Its Energy Crisis
On Thursday, France started sending natural gas directly to Germany in an attempt to alleviate the energy crisis in Europe’s biggest economy.
Natural Gas
14-10-2022
CEO Says Gazprom May Need to Replace Big Part of Nord Stream -TASS
Gazprom CEO Alexei Miller told Russia's State TV Channel One on Thursday that a big section of the damaged Nord Stream pipelines might need to be replaced, TASS news agency said.
Natural Gas
14-10-2022
Germany's Natural Gas Storage Facilities Pass 95% November Target
Germany's natural gas storage facilities passed the 95% target for November three weeks ahead of schedule on Thursday.
Natural Gas
14-10-2022
EU Leaders May Back New Gas Price Benchmark, Document Shows
European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers and industries.
Crude Oil
14-10-2022
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Crude Oil
14-10-2022
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production.
Crude Oil
14-10-2022
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
Oil Pipeline
13-10-2022
Shell Investigates in Nigeria After Report of Nine-Year Oil Theft
Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wednesday.
United States
13-10-2022
U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File PhotoU.S. Deputy Energy Secretary David Turk said on Wednesday that the United St
United States
13-10-2022
U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year
Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the year-ago period's.
Natural Gas
13-10-2022
Russia Could Deliver Gas via Nord Stream 1, but Not Nord Stream 2 - Germany
Germany will not take Russian gas via the Nord Stream 2 pipeline, a government spokesperson said on Wednesday after Russian President Vladimir Putin offered to resume supplies.
LNG
13-10-2022
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive
U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top executive told Reuters on Wednesday.
Natural Gas
13-10-2022
Gas Price Cap Deal Eludes EU Countries, for Now
The European Union will unveil proposals next week to launch joint gas buying within months and develop an alternative gas price benchmark.
Natural Gas
12-10-2022
Germany Launches Investigation into Nord Stream Blasts
German federal prosecutors said they had opened an investigation against “unknown persons”.
OPEC
12-10-2022
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to replenish the nation’s Strategic Petroleum Reserves.
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