Gas

Natural Gas

European Natural Gas Prices Fall Amid High Storage Levels and Warm Weather

Concerns are growing about the continent's ability to meet 2023 demand as Russian supplies dwindle.

Electric Car

New Assessment to Estimate the Costs and Greenhouse Gas Emissions for Vehicles

A new study led by Argonne National Laboratory found that electric vehicles will soon have the potential to cost less to own and operate than traditional gas ve…

Carbon Emissions

Greenhouse Gas Emissions Created by Electronic Waste Increased by 53% Between 2014 and 2020

Greenhouse gas emissions into the atmosphere from electronic devices and their associated electronic waste increased by 53 percent between 2014 and 2020, includ…

Oil&Gas Drilling

Indonesia’s Pertamina Starts First Underground Carbon Injection Tests

Indonesia's Pertamina launched its first underground carbon injection tests this week, as the state energy firm seeks to cut carbon emissions while increasing o…

LNG

SG, Japan Ink MOC to Boost LNG Supply Chain

It will augment energy security for the market’s decarbonisation target.

Natural Gas

Europe’s Gas Use Down in September as High Prices Hit Industry

Europe slashed its gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were …

Net Zero Emission

‘Greenhouse Gases Reached Record Levels in 2021’

Methane, carbon dioxide and nitrous oxide all hit peak levels after the pandemic.

LNG

LNG Ships Play Waiting Game off Spain’s Coast as Higher Prices Eyed

Several ships carrying liquefied natural gas (LNG) anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in E…

Oil Price

Italy’s Windfall Tax on Energy Companies Needs to Be Rewritten - PM

Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices, Prime Minister Giorgia Meloni told parliament o…

LNG

TotalEnergies Clocks $9.9 Bln Profit in Q3, Books New Russian Impairment

TotalEnergies posted a sharp jump in its third quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited fro…

LNG

Shell Posts $9.5 Bln Profit, Plans to Boost Dividend

Shell on Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, as it a…

Crude Oil

World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022

The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.

Guyana

Exxon Makes More Oil and Gas Discoveries Offshore Guyana

U.S. oil and gas major Exxon Mobil has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block of…

Net Zero Emission

Saudi Aramco Unveils $1.5BN Sustainability Fund

It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.

Hydrogen Project

UK Trial Will Inject Hydrogen Into a Gas-Fired, Grid-Connected Power Station

The hydrogen will be injected by Centrica Business Solutions into a gas-peaking plant in Lincolnshire, east England.