Gas

Oil Refinery

France Struggles with Refinery Strikes, but Not Planning Petrol Rationing

More than a fifth of France's service stations were grappling with supply problems on Saturday as strikes at refineries run by oil majors TotalEnergies and Exxo…

Oil&Gas Drilling

UK Launches Licensing Round for New Oil and Gas Projects

Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses

Oil&Gas Drilling

‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’

New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report

Natural Gas

Shell Warns Weak Earnings From Gas Trading Could Impact Profits

Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.

India

India's Fuel Demand Slips to 10-Month Low in September

India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.

Crude Oil

U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others

The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…

Natural Gas

PepsiCo to Make Cheetos and Lay's Chips Using Dutch Green Electricity

PepsiCo on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity.

Switzerland

GE to Supply Reserve Power to Swiss Federal Office

GE Gas Power has secured an order from the Swiss Federal Office of Energy (SFOE) for the rental of eight of its trailer-mounted gas turbine units.

Energy Storage Battery

India Could Turn to 12.5GW Gas Capacity to Meet Peak Demand

This also comes as the market waits until battery storage becomes cost-competitive.

Coal-Fired Power Plants

Ørsted Ordered to Restart Oil- and Coal-Fired Power Plants amid Supply Crunch

Danish authorities have ordered Ørsted to continue and resume operations of three of its oil- and coal-fired power station units in order to ensure security of…

Ammonia

Mitsubishi Power Advances Ammonia-Fired Power Generation in Indonesia

Mitsubishi Power and Indonesia’s Institut Teknologi Bandung (ITB) have signed an agreement to partner on research of firing ammonia in gas turbines.

Natural Gas

Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says

Global gas consumption will decline by nearly 1% in 2022

OPEC

Opec+ to Hold In-Person Meeting Next Week in Vienna

This will be the first in-person ministerial meeting since March 2020, the group says

Natural Gas

UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow

Gas prices will go from 7p to 10p per kilowatt hour under new guarantee

Natural Gas

Europe's Crisis Measures to Tackle Energy Price Spike

European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…