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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Oil Price
17-02-2022

Putin’s Threats Against Ukraine Could Reinvigorate the U.S. Oil and Gas Industry
Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine, he may unwillingly help bring back the American industry.
Oil Price
17-02-2022

Gold, Oil Rise on Ukraine Crisis; U.S. Stocks End Flat
Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes from the last Federal Reserve meeting helped stocks close mostly flat on Wall Street.
Natural Gas
16-02-2022

Natural Gas the Fuel for Sustainable Development: GECF Secretary General at EGYPS 2022
As the global population edges towards the 10 billion mark by 2050 and world GDP more than doubles, natural gas will continue to play a crucial role in alleviating energy poverty.
16-02-2022

The 28th World Gas Conference (WGC2022) Early Bird Registration Extended to 31 March 2022
The WGC2022 National Organizing Committee (NOC) has taken the decision to make a one-time extension of the Early Bird Registration for the 28th World Gas Conference (WGC2022) to 31 March 2022.
Oil Price
16-02-2022

Oil Steadies as Russia-Ukraine Tensions Cool
Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against overall tight global supplies.
Oil Price
16-02-2022

Oil Drops Affter Russia Says Some Troops Returning to Bases
Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.
Oil Pipeline
16-02-2022

Concerns for UK Coastline as Eni Oil Pipeline Spills 500 Barrels into East Irish Sea
Concerns have been raised for the UK coastline after a 500-barrel oil spill into the East Irish Sea from a pipeline operated by Eni.
Crude Oil
16-02-2022

Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and continued supply constraints.
Oil Price
16-02-2022

Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Oil Price
16-02-2022

Serbia Caps Fuel Retail Prices for 30 Days
Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standards.
Natural Gas
15-02-2022

Thailand Could Brace Potential Gas Supply Shortage from Myanmar
The country is expected to rely on Laos for electricity supply.
Oil Price
15-02-2022

Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine
Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were capped by fears that Russia might invade Ukraine and disrupt supplies.
Crude Oil
15-02-2022

Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View
Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.
Oil Price
15-02-2022

‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel
Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.
LNG
14-02-2022

Qatar's Asian Gas Contracts Hamper Ukraine Planning
Qatar's deepening trade in natural gas with Asia is complicating global efforts to protect Europe from the threat of an energy squeeze by Russia.
LNG
14-02-2022

Asian LNG Prices Stable but Rises Expected on Colder Weather
Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east Asia could send buyers back to the spot market to boost inventory levels.
LNG
14-02-2022

U.S. Supplies Give China Muscle to Become Major Force in Global LNG Trade
Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently signed long term contracts for record amounts of LNG from U.S. suppliers.
Oil Price
14-02-2022

Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak
Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.
Natural Gas
14-02-2022

‘Poland’s Gas Plans Will Stop Net Zero Aims’
A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.
South Africa
14-02-2022

President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry
The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s upstream oil and gas industry.
Oil & Gas Supply
14-02-2022

Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.
Oil Price
13-02-2022

Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says
An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.
Oil Price
13-02-2022

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe and a rise in demand.
Natural Gas
13-02-2022

Equinor Posts US$15bn Earnings on High Gas Prices
Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.
Natural Gas
12-02-2022

Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?
In the UK and similar nations, the gas crisis is ballooning electricity prices too.

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