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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Natural Gas
16-08-2022
German Households Will Foot the Bill for New Gas Tax
A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to foot the bill for the tax, an extra $500 a year.
Natural Gas
16-08-2022
Russian Gas Flows to Europe Stable
Warning signs are pictured in front of the gas compressor station, a part of Polish section of the Yamal pipeline that links Russia with western Europe which is owned by a joint venture of Gazprom and PGNiG but it is operated by Poland's state-own
Crude Oil
15-08-2022
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial issue.
Crude Oil
15-08-2022
The Burgeoning Energy Partnership Between Azerbaijan and the EU
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.
Natural Gas
15-08-2022
Switzerland Could Align With EU Energy Saving Drive, Energy Minister Says
Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told newspaper SonntagsBlick.
Natural Gas
15-08-2022
Germany Reaches 75% Gas Stocks Target Ahead of Schedule
German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday.
Crude Oil
15-08-2022
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins.
Natural Gas
14-08-2022
Europe’s Newest Gas Pipeline Could Come Online Within 9 Months
Another natural gas pipeline could soon become operational in Europe to connect Spain and France, and the new link could start operations in around nine months, according to Spain’s energy minister.
Natural Gas
14-08-2022
Nord Stream Gas Flows Drop On Friday Afternoon
Physical natural gas flows on the Nord Stream pipeline from Russia to Germany dropped to 13 million kWh/h on early Friday afternoon in Europe, data from Nord Stream showed.
Crude Oil
14-08-2022
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of crude through the Amberjack Pipelines.
Crude Oil
12-08-2022
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil Exploration
12-08-2022
China Heralds Another Major Oil Discovery
China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.
Natural Gas
12-08-2022
Israeli Natural Gas Lines Signs Investment Contract With Prisma Photonics
Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastructure monitoring systems.
Natural Gas
12-08-2022
Germany: No Technical Reason for Cutting Nord Stream 1 Gas
Gazprom, Russia's state energy giant, has significantly reduced the flow of gas through Nord Stream 1, now at 20 percent of capacity.
Oil & Gas Supply
12-08-2022
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, increasing demand but masking weakness in economies beset by recession fears.
Natural Gas
11-08-2022
Australia’s Santos Buys Pipeline Route for Undeveloped Gas Project
Australia's Santos Ltd said on Thursday it had bought a company that owns an approved underground pipeline route that could transport natural gas from its planned Narrabri project, aiming to supply the domestic market around mid-decade.
Natural Gas
11-08-2022
New Partnership Inked to Develop Decentralised Power Plants in Thailand
INNIO and B.Grimm Power seek to develop decentralised and highly efficient liquefied natural gas and natural gas plants
Oil Price
11-08-2022
Oil Edges Lower as Supply Disruption Concerns Ease
Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand.
OPEC
11-08-2022
Iraq’s July Oil Output Rises by Around 70,000 Bpd, Somo Data Show
Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO seen by Reuters showed on Wednesday.
LNG
10-08-2022
Centrica Strikes £7BN LNG Deal
The agreement will allow the company to purchase one million tonnes of LNG every year
Oil Refinery
10-08-2022
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have worried that demand could falter if the global economy enters a recession or high fuel prices dete
Oil Price
10-08-2022
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
Natural Gas
10-08-2022
Italy Better Prepared Than Most to Face Winter With Low Russian Gas -Minister
Italy is in a better position than other countries as winter approaches, after it clinched deals with gas producer countries in Africa and ramped up the filling of gas storages, the country's Ecological Transition Minister said on Tuesday.
LNG
10-08-2022
UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG
Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG export facility offshore Louisiana.
Crude Oil
10-08-2022
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
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