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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Shale
19-09-2022
Australia’s Origin Energy Quits Shale Gas Exploration
The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. Picture taken July 3, 2016. REUTERS/Jason Reed/File Photo
19-09-2022
Uniper Teeters Towards Nationalisation amid Energy Market Turmoil
Following in Wien Energie’s footsteps, German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Natural Gas
18-09-2022
Italgas Launches Innovation Drive in US
Italian gas DSO Italgas has opened a new ‘Innovation Antenna’ in Silicon Valley as part of the Mind the Bridge Innovation Centre in San Francisco.
Natural Gas
15-09-2022
Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper
Uniper, government weighing bailout options
Natural Gas
15-09-2022
Why Western Canada Has Some of the Cheapest Natural Gas in the World
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta's AECO hub, one of the largest storage facilities in North America and where the benchmark price for Canadian gas is set.
Oil Price
15-09-2022
Oil Rises on Weakening Dollar, Potential Supply Disruptions
Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consumer, supported markets.
Oil&Gas Drilling
14-09-2022
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
OPEC
14-09-2022
OPEC Upbeat on Global Economic Growth
Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expects healthy oil demand growth despite market fears of recession.
14-09-2022
Cyberattacks Are a Major Risk for the World’s Largest Oil Company
Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, said on Tuesday.
Crude Oil
14-09-2022
South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output
South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar said on Tuesday.
LNG
14-09-2022
Central African Countries Champion 6500-Km of New Pipeline Construction
Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG terminals, at least three refineries and gas-fired power plants linking 11 countries by 2030
Oil&Gas Drilling
13-09-2022
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
Natural Gas
13-09-2022
Czech Government Approves Electricity, Gas Price Cap
The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala said.
Crude Oil
13-09-2022
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of Energy (DOE) data released on Monday.
Gas Turbine
10-09-2022
GE Gas Turbines Power New-Look Bangkok Plant
Two new gas-fired combined cycle blocks of around 1400MW have gone into commercial operation this week at Thailand’s Bang Pakong power plant.
LNG
09-09-2022
JERA, Uniper Partner to Procure LNG, Clean Ammonia
This is to improve stability of energy supply in Japan and Germany.
Oil Shale
09-09-2022
INEOS Renews UK Shale Gas Offer as Prime Minister Truss Lifts Fracking Ban
Energy company INEOS has renewed its offer to the UK government and new Prime Minister Liz Truss to drill a shale gas test well in the UK.
Oil Price
08-09-2022
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.
Natural Gas
07-09-2022
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5 billion, Reuters reported on Tuesday, citing industry sources and a document it had seen.
Natural Gas
07-09-2022
French Urged to Cut Energy Use by 10%
Saving energy could help France avoid rolling blackouts and energy rationing this winter, the French President has said
Crude Oil
07-09-2022
Norwegian Energy Giant Equinor Completes Russia Exit
It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project
LNG
07-09-2022
South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices
South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy supply chain cooperation particularly on natural gas and renewables.
Natural Gas
06-09-2022
France Has Filled Up Its Strategic Gas Reserves Ahead of Winter - Minister
France is well prepared to get through this winter despite the energy crisis stemming from the war in Ukraine as it has now filled its strategic gas reserves at their maximum level
Natural Gas
06-09-2022
Siemens Energy: Don’t Understand Gazprom View on Nord Stream 1
Siemens Energy said on Tuesday it does not comprehend Gazprom's presentation of the situation with the Nord Stream 1 pipeline
Natural Gas
06-09-2022
Shell Greenlights Malaysian Giant Offshore Gas Project
Production start-up for Sarawak scheme is expected in 2026
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Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
