Gas

Crude Oil

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …

United Kingdom

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’

The UK spent £5.1 billion on Russian energy imports in the year to April 2022.

Natural Gas

Ukraine’s Largest Gas Company Secures €300M Loan

The funding will help the company secure gas stocks for the winter.

LNG

How the World’s Top Coal, LNG Exporter Ran Into a Power Crisis

Australia, the world's top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country's new Labor governmen…

Natural Gas

Israel Signs Deal to Export Natural Gas to EU

The MoU also require the parties to reduce emissions.

CCS

World’s Largest CCS Project Set for Sanction in 2023

Santos' Bayu-Undan scheme could take foundation volumes from its Barossa gas development.

HYBRIT: A Unique, Underground, Fossil-Free Hydrogen Gas Storage Facility Is Being Inaugurated in Luleå

SSAB, LKAB and Vattenfall are inaugurating HYBRIT’s pilot facility for fossil-free hydrogen gas storage at Svartöberget in Luleå, Sweden.

LNG

Norway’s Equinor Strikes LNG Purchase Deal With Cheniere

The 15-year sales and purchase agreement will add around 1.75m tonnes of LNG per year to Equinor’s portfolio of pipeline gas and LNG.

Energy Security

Lithuania Seeks to Cut Ties With Russian Grid Earlier

Lithuania’s President said the fastest decoupling would increase the energy security of the Baltic countries.

Carbon Neutral

Hydrogen Will Give U.S. Natgas Pipes New Life in Carbon-Free World

Natural gas companies plan to use hydrogen and renewable natural gas (RNG) made from landfills or agricultural waste to extend the life of existing pipelines in…

EU

EU Lawmaker Panels Object to ‘Green’ Label for Gas, Nuclear Investments

Two European Parliament committees on Tuesday backed an attempt to stop the EU labelling gas and nuclear energy as climate-friendly investments.

Net Zero Emission

U.N. Campaign Sets Out Tougher Standards for Company Net-Zero Plans

A U.N.-backed campaign to drive faster climate action on Wednesday laid out a tougher set of minimum standards for the growing number of companies looking to pl…

Natural Gas

EU Sees a New Energy Future for Europe

Russian gas is increasingly being shunned and the EU has declared that it envisions a future without the Kremlin's primary bread-winner: natural gas.

LNG

LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand

If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …

Oil&Gas Drilling

Biden: “Exxon Made More Money Than God This Year”

The US President has slammed the oil sector over huge profits amid the energy crisis.