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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
LNG
24-08-2022
Shell, Unions Reach Deal to End Strike at Prelude FLNG off Australia
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.
LNG
24-08-2022
Canada Studies Direct LNG Exports to Europe
Canada studies the feasibility of direct LNG exports to Germany.
Natural Gas
24-08-2022
Norway Eyes High Gas Output Until 2030, Says Energy Minister
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports, its energy minister said on Tuesday.
Crude Oil
24-08-2022
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and with the prospect of a drop in U.S. inventories.
LNG
24-08-2022
Germany Touts Possible ‘Major Role’ for Canadian LNG in Shift Away From Russia
Germany hopes Canadian LNG will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the economic viability and speed of setting up new export terminals.
Natural Gas
24-08-2022
Australia’s BPH Energy Explores Legal Avenues Over Project Permit
Australia's BPH Energy Ltd said on Tuesday it was conducting a review of options, including potential for legal avenues, after reports said former Prime Minister Scott Morrison used his power to block an exploration project of the company.
Natural Gas
23-08-2022
German Gas Levy Could Change as Soon as This Winter -Newspaper
A gas levy on German consumers meant to help utilities cover the cost of replacing Russian supplies could change as soon as this winter, the managing director of German gas market operator Trading Hub Europe (THE) told the Rheinische Post newspaper.
Crude Oil
23-08-2022
U.S. Crude in SPR Hits Lowest Level Since January 1985
U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, according to data from the Department of Energy.
Oil Refinery
23-08-2022
Venezuela’s Second Largest Refinery Resumes Gasoline Production
Venezuela's state oil and gas company PDVSA has restarted gasoline production at the country's second largest refinery after repairing a breakdown.
Oil Price
23-08-2022
Big Tech Is Under Pressure to Turn Its Back on Big Oil
Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emissions.
LNG
23-08-2022
Canada Exploring Feasibility of Direct LNG Exports to Europe -PM Trudeau
Canada is exploring ways to see if there is a business case to export liquefied natural gas (LNG) directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.
Oil Price
23-08-2022
Oil Prices Rise After Saudi Says OPEC Could Cut Output
Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Natural Gas
23-08-2022
Russia to Close Nord Stream 1 Taps for Three Days
Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”
LNG
23-08-2022
The World’s Biggest LNG Exporter Has a Pipeline Problem
The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter.
LNG
22-08-2022
U.S. Industrial Gas Producer Air Products Exits Russian Business
U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equipment, has exited its Russian assets.
Oil Price
22-08-2022
Oil Has Become Too Volatile for Traders
Hedge funds are pulling out of oil as price volatility becomes excessive.
LNG
22-08-2022
Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip
Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russian gas imports from an unexpected ally: Ukrainian state-owned gas company Naftogaz.
Natural Gas
22-08-2022
Italian Manufacturers Cut Output to Save Energy, Government Official Says
Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transition ministry said on Sunday.
Natural Gas
22-08-2022
Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away
As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oil on the market.
Oil Field
22-08-2022
How Norway Can Expand Its Oil Industry and Reduce Emissions
Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing nation.
LNG
22-08-2022
Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natura
Oil Refinery
22-08-2022
Shell Cuts Output at German Refinery as Rhine Is Drying up
The company has cited the “low water level” of Rhine as the reason for its decision
Natural Gas
18-08-2022
Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator
Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.
Natural Gas
18-08-2022
Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply
Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends deliveries.
Oil Price
18-08-2022
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures.
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EIA Expects USA Gasoline Price to Drop In 2025 and 2026
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Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025
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India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses
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Norway offers up to 70 new oil and gas drilling permits
