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Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Denmark
31-05-2022

Denmark Fully Prepared to Be Cut Off From Russian Gas
Denmark has joined the list of countries refusing to pay for Russian gas using a ruble conversion scheme, prompting the country’s state-run gas company on Monday to warn that Gazprom could cut off gas exports in retaliation.
OPEC
30-05-2022

Iran’s Two-Month Petrochemical Export Revenues Surge 64% On Year
Iran’s revenues from petrochemical exports surged by 64% year on year to $2.45bn in the first two months of its fiscal year, official data showed on Sunday.
EU
30-05-2022

EU’s Borrell Hopeful of Deal on Russian Oil Ban
European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, during talks being held by officials, the bloc's foreign policy chief said on Monday.
LNG
30-05-2022

Shell Greenlights $2.5 Bln Crux Gas Project off Australia
Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.
Oil Price
30-05-2022

U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of physical crude oil to all-time records according to traders.
Oil&Gas Drilling
30-05-2022

Aussie Giant Gas Probe Under Way
Australian independent Western Gas has spudded one of the nation’s most keenly anticipated offshore wildcats of 2022.
Russian Federation
29-05-2022

Russia's Gazprom Continues Shipping Gas to Europe via Ukraine
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/Reuters photographer/File PhotoRussian gas producer Gazprom said on Sunday its supply of gas to Europe through Ukraine via the Sudzh
Oil&Gas Drilling
27-05-2022

Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s most prolific areas for oil and natural gas production.
Crude Oil
26-05-2022

US to Sell Up to 40.1M Oil Barrels From Emergency Stockpile
The Department of Energy must receive bids for this notice of sale no later than 10.00am Central Time on 1st June 2022.
Crude Oil
26-05-2022

Davos 2022: Crude at $110 per Barrel Is ‘Not Sustainable’, Indian Energy Minister Says
India is speeding up its plan to blend ethanol with petrol to help cut down crude imports in the long term
Russian Federation
26-05-2022

Russia and Iran Discuss Swapping Supplies for Oil and Gas, Goods Logistics
Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub.
Natural Gas
26-05-2022

British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on environmental grounds, three sources told Reuters.
United Kingdom
25-05-2022

UK Energy Price Cap Expected to Rise by 42% In October
Billpayers in the UK have seen the energy tariffs rise faster than ever before.
Natural Gas
25-05-2022

Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says
In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.
Gas Turbine
25-05-2022

GE Plans Gas Turbine Upgrade at Al Taweelah Power Plant in the UAE
UAE-based aluminium producer Emirates Global Aluminium (EGA) has signed an agreement with GE Gas Power to upgrade four existing gas turbines at EGA’s Al Taweelah power plant.
Energy Transition
25-05-2022

Qatar and Germany Sign Agreement on Energy Partnership
Qatar’s Minister of State for Energy Affairs and the German Minister for Economic Affairs and Climate Action have signed a joint declaration of intent to further promote the cooperation between the two countries in the field of energy.
Crude Oil
25-05-2022

Biden Administration Says It Has Not Ruled Out Export Curbs to Ease Fuel Prices
U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday.
Natural Gas
25-05-2022

Spain Paints Itself as the Answer to Europe’s Russian Energy Problem
Spanish Prime Minister Pedro Sanchez has said his country — and southern Europe more broadly — could provide an answer to the shortfall in gas supplies from Russia.
Natural Gas
24-05-2022

Could Hydrogen Ease Germany’s Reliance on Russian Gas?
The war in Ukraine has upended Germany's energy policy. The nation currently buys around 25% of its oil and 40% of its gas from Russia, contributing billions of euros a year to Moscow's finances.
Russian Federation
24-05-2022

Gazprom Says Gas Transit via Ukraine Continues, up From Monday
Russian gas producer Gazprom (GAZP.MM) said it continues to supply gas to Europe through Ukraine via the Sudzha entry point.
LNG
24-05-2022

EU Plans First Joint Gas Buying Before Winter
The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and build a buffer against further energy supply shocks.
Natural Gas
24-05-2022

BMW Exploring Energy Investments to Reduce Dependence on Natural Gas
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring the industry to a standstill.
LNG
23-05-2022

EMA Wants 2 More Term LNG Importers
The Energy Market Authority (EMA) has issued a request for proposal as it seeks to appoint two more term Liquefied Natural Gas (LNG) importers for Singapore.
LNG
23-05-2022

Norway’s Hammerfest LNG Plant Extends Outage Until May 27
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco said on Sunday.
Natural Gas
23-05-2022

Iran Seeks to Revive Gas Project With Oman Ahead of Raisi Visit
Iranian Oil Minister Javad Owji met Oman’s foreign and energy ministers in Muscat and discussed reviving a project to develop a shared gas field that’s been stalled for almost 20 years.

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