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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

LNG
08-07-2022

Shell Joins Massive Qatari LNG Project
North Field East expansion is branded the world’s largest LNG project
LNG
06-07-2022

Shell Invests in Qatar LNG North Field East Project
Shell buys 25% stake in Qatar LNG North Field East expansion project which will have capacity of 32mn tonnes a year
Natural Gas
06-07-2022

IEA: Global Gas Demand Set for Slow Growth Due to High Prices
Analysts expect slower economic growth and less switching from coal or oil to gas
Oil Field
06-07-2022

Norway’s Equinor Shuts Down Three Oilfields Due to Strike
The shutdown of the Gudrun, Oseberg South and Oseberg East fields comes after the Norwegian Organisation of Manager and Executives (Lederne) trade union went on strike from midnight
Natural Gas
05-07-2022

Norway Ramps up Natural Gas Production to Combat Energy Crisis
Norway’s authorities have approved applications from operators to boost production from several gas fields, the Norwegian Ministry of Petroleum and Energy said on Monday, expecting record gas sales via pipelines to Europe this year.
LNG
05-07-2022

The Canadian Government Will Not Fund New LNG Terminals
According to Canada's Natural Resources Minister, Canada will not financially support the two new LNG export projects that have been proposed.
Natural Gas
05-07-2022

“Total Halt of Russian Energy Exports to Europe Could Put UK’s Energy Security at Risk”
Europe could face a ‘severe recession’ if Vladimir Putin turns off the gas flows, according to a report
Oil Refinery
04-07-2022

Fire at Norway’s Mongstad Oil Refinery Extinguished
The incident, which was reported at 5.46am yesterday, occurred in a section of the refinery that produces gasoline, leading to parts of the plant involved in production of some refined products affected
Russian Federation
04-07-2022

Putin Signs Decree to Seize Control of Project Partly Owned by Shell
Shell has a 27.5% stake in the oil and gas project
Australia
04-07-2022

ConocoPhillips Adds to Aussie Offshore Exploration Portfolio
US operator adds to its position in south-east Australia where domestic gas demand is strong
LNG
04-07-2022

UK’s LNG Imports Doubled in First Quarter
UK’s liquefied natural gas (LNG) imports in the first quarter of 2022 reached the highest level recorded over a decade.
Oil Price
04-07-2022

Bezos Slams Biden’s Call For Gasoline Stations to Cut Prices
Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies running gasoline stations to lower their prices.
Oil Refinery
04-07-2022

Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault that caused a blackout.
Oil Refinery
04-07-2022

Strike Ends at Exxon Refinery in France
A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company said on Sunday.
01-07-2022

Global Energy Security at Risk as Recoverable Oil Drops
Global recoverable oil is estimated at 1.57 trillion barrels, 9% down from last year.
Natural Gas
01-07-2022

What Is Renewable Natural Gas?
Renewable natural gas comes from a number of sources and goes by different names. Sustainable natural gas, biomethane, and biogas are all types of renewable natural gas.
LNG
30-06-2022

Germany’s Energy Future
Few could have predicted the seismic changes to Germany’s energy policy over the past six months.
30-06-2022

The G7 Has Paved the Way for Increased Oil and Gas Spending
G7 nations have acknowledged the need for increased investment in foreign gas projects.
Natural Gas
29-06-2022

IEA: Europe Will Have to Cut Gas Usage By Nearly One-Third
In the first quarter of next year, the countries of the European Union will have to cut their usage of natural gas by up to 30% in preparation for a complete stoppage of Russian gas flows, according to the International Energy Agency (IEA).
LNG
29-06-2022

Germany, Canada in Talks Over LNG Terminal for Export to Europe
Germany is in talks with Canada over options to export liquefied natural gas (LNG) to Europe via a terminal on Canada's east coast
OPEC
28-06-2022

OPEC Boosts Oil Income in 2021, Well Completions Drop
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a modest rebound and new completed wells declined, data from the group showed.
Crude Oil
28-06-2022

Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE's president.
OPEC
28-06-2022

OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
United Kingdom
28-06-2022

UK’s Electricity Market Braces for the Biggest Shake-up of the Last 30 Years
The government is considering cutting the link between electricity and gas prices
LNG
27-06-2022

Carbon-Neutral Liquefied Natural Gas: Is It Possible?
Companies seeking to preserve the importance of natural gas in the energy transition are embracing carbon-free liquefied natural gas (LNG).

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