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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Field
03-08-2022
First Oil Flows From North Sea Field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.
LNG
02-08-2022
Australia May Limit LNG Exports Amid Domestic Gas Shortage
Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the government must impose limits on LNG exports to secure local supply.
Crude Oil
02-08-2022
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according to the new leadership of the National Oil Company (NOC).
Natural Gas
02-08-2022
UK Arm of Gazprom Rebrands
Gazprom Marketing & Trading, which traded as Gazprom Energy is now called SEFE Energy.
Natural Gas
02-08-2022
Australia Considers Curbing Gas Exports to Avert Domestic Supply Crunch
Australia said on Monday it will decide whether to curb exports of liquefied natural gas (LNG) after a watchdog urged restrictions, warning one of the world's biggest suppliers of the fuel could face a shortfall and soaring prices next year.
Natural Gas
01-08-2022
Swiss on Track to Secure Winter Gas Reserves, SonntagsBlick Reports
Switzerland is on track to secure the natural gas reserves it is seeking for the winter heating season, the SonntagsBlick paper cited a utility sector official as saying.
Oil Price
01-08-2022
South Africa Authorities to Cut Fuel Pump Prices From Wednesday
South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine war.
Natural Gas
01-08-2022
Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns
Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall next year which would pose a substantial risk to the country's energy security.
Oil Price
01-08-2022
Oil Prices Slip Ahead of OPEC+ Meeting
Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.
OPEC
01-08-2022
OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement
OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.
Crude Oil
01-08-2022
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
Oil Field
01-08-2022
Green Light From TotalEnergies for Oil Project off Angola
France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.
Natural Gas
01-08-2022
Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?
The reopening is predicted to help the country cement its gas stocks amid fears of shortages
Natural Gas
31-07-2022
Germany Starts Rationing Hot Showers to Save on Gas
Authorities of a German city race to save kilowatts as gas shortage scenarios are looming
Oil Field
31-07-2022
Life Extension Granted for North Sea Field
Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.
Natural Gas
29-07-2022
Synthetic Methane Injection into France’s Gas Distribution Grid Demonstrated
French green gas start-up Energo has demonstrated the injection of synthetic methane into GRDF’s gas distribution network.
Gas Turbine
29-07-2022
GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency
GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development of decarbonisation technologies.
Natural Gas
29-07-2022
Japan Should Consider Alternative Power Sources to Avoid Supply Shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
OPEC
29-07-2022
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources told Reuters on Thursday.
Gas Turbine
28-07-2022
Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines
Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far.
Natural Gas
28-07-2022
Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch
Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years
LNG
28-07-2022
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Australia
27-07-2022
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers in an initiative to slash emissions.
United Kingdom
27-07-2022
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Natural Gas
27-07-2022
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply with the gas storage level obligation
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2
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3
Equinor starts drilling major gas development in Brazil
4
Algeria and Spain in talks to increase gas supply
5
Petron secures 2.5M barrels of Russian crude oil
6
PH, China reopen oil exploration talks
