Gas

Hydrogen Project

Uniper Partners With NewMed Energy on LNG and Hydrogen to Minimise Energy Crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long t…

Natural Gas

Natural Gas Prices Slide as Bearish News Continues to Mount

The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.

Carbon Emissions

S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel

S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…

OPEC

Iraq Respects OPEC+ Deal, Wants to Raise Revenue per Barrel of Oil

Iraq's oil ministry respects the OPEC+ agreement to achieve global market stability.

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

Oil Price

IEA's Birol Says $100 Oil 'Real Risk' for Economy

The head of the International Energy Agency (IEA) said on Wednesday oil prices "flirting with $100" were a real risk for the global economy.

LNG

EU Risks 30 Bcm Gas Shortage in 2023 Storage Filling Season - Von Der Leyen

The European Union risks falling short of some 30 billion cubic metres (bcm) of gas during the next storage filling season in 2023.

Crude Oil

UK’s Market-Defying North Sea Oil IPO Falls Flat

After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …

Electric Car

Autos Giant Renault Is Betting the Market for Gasoline Cars Will Continue to Grow

Renault’s focus on the internal combustion engine comes at a time when some big economies are looking to move away from vehicles that use fossil fuels.

OPEC

Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show

Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.

Crude Oil

EIA Cuts World Oil Demand Growth for 2023

The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…

Oil Price

European Commission Says Gas Price Cap Is Impossible

The European Commission told countries at a Monday seminar this week that there was no way to create a gas price cap as previously requested by EU leaders.

Carbon Emissions

COP27: UAE Says Will Carry on Pumping Oil Responsibly

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.

Hydrogen Technology

Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…

LNG

Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows

Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.