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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Price
27-07-2022
Guyana Looks to Attract New Players in Upcoming Oil Tender
Guyana's President Ali hopes that new players in Guyana will add diversification.
Oil Price
27-07-2022
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Natural Gas
27-07-2022
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils global energy markets.
Natural Gas
26-07-2022
Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs
Oil Refinery
26-07-2022
NTPC, IndianOil Partner to Form JV for Renewable Energy
IndianOil plans to supply the additional power requirements of its refineries with RE by December 2024.
Crude Oil
25-07-2022
Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.
Germany
25-07-2022
German Government ‘Likely to Face Legal Challenges to Gas Rationing’
Law experts suggest some German businesses see gas rationing as a “nightmare scenario”
Natural Gas
24-07-2022
UK Greenlights Centrica’s Gigantic Gas Storage Site
The move is believed to be the first stage of the potential reopening of the UK’s largest gas storage facility
Natural Gas
22-07-2022
Natural Gas and Hydrogen Highlight the Revamped German - Egyptian Relationship
On the occasion of the Petersberg Climate Dialogue, launched in 2010, after the Copenhagen Climate Change Conference and held annually ever since, President el - Sisi of Egypt met with Chancellor Olaf Scholz of Germany over the weekend to discuss ways of
OPEC
22-07-2022
Putin Calls Saudi Crown Prince to Discuss Oil Market, OPEC+
Putin and MBS discuss OPEC+ and oil markets in phone call.
United States
22-07-2022
Conocophillips Considers Exiting U.S. Gulf of Mexico
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the exit of ConocoPhillips from U.S. offshore operations.
Austria
21-07-2022
OMV: Gazprom Seen Delivering 50% Of Agreed Gas Volume on Thursday
Austrian oil and gas group OMV said Russia's Gazprom is expected to deliver roughly 50% of their agreed gas volume on Thursday, returning to a level seen before the maintenance period of the Nord Stream 1 pipeline.
Natural Gas
21-07-2022
Gazprom Preparing to Restart Flows to Europe Thursday
With Europe on edge over the possibility that Russia will cut off gas flows, new grid data now shows that orders via the Nord Stream 1 pipeline have been made for Thursday.
United States
20-07-2022
US Extends LPG Exports to Venezuela
The US Treasury Department has extended an authorisation for US LPG exports to Venezuela until 12 July 2023.
Oil & Gas Supply
20-07-2022
IEA: “Europe Set to Face Supply Disruptions in Winter, Even With Gas Storage at 90%”
Dr Fatih Birol has said Europe needs to reduce its current gas consumption further to prepare for a “tough” winter
Crude Oil
20-07-2022
UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting
London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over $80 million from a single oil cargo.
Oil Price
20-07-2022
Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
United Kingdom
19-07-2022
UK Stumps up Another £2MN for Yemen’s Floating Oil Threat
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Natural Gas
19-07-2022
Europe to Ration Gas if Nord Stream Stays Shut, Ineos Says
Europe will need to ration natural gas to meet winter heating demand if the Nord Stream pipeline doesn’t restart after planned maintenance, according to Ineos Group.
Gas Turbine
19-07-2022
Gazprom Asks Siemens to Provide Papers on Gas Turbine Return
The company has said it expects Siemens to fulfill its obligation on the repair of gas turbine engines
Ukraine
19-07-2022
Eastbound Gas Flows via Yamal-Europe Pipeline Edge Higher
Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged higher, data from pipeline operator Gascade showed on Monday.
Crude Oil
19-07-2022
Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from the previous month
Natural Gas
19-07-2022
Germany Admitted That the Country Will Not Have Enough Gas for the Winter Without Russian Supplies
Gas storage facilities in Germany are only 65% full, which is not enough to meet the country's need for fuel this winter, said Klaus Müller, head of the Federal Network Agency.
Natural Gas
18-07-2022
India to Nearly Double CNG Stations in Two Years: Minister
The country at present has 4,500 CNG stations.
Oil&Gas Drilling
18-07-2022
China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use
China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Offshore Oil Corporation (CNOOC) announced on Sunday.
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