Gas

Oil&Gas Drilling

All Approvals Ready for Australian Well Drilling to Kick off Next Month

With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon…

Crude Oil

North Sea Operators Renew Agreements for Exporting Oil to Flotta Terminal

Partners in several North Sea fields have reaffirmed their commitments to export the oil produced from their fields to the Repsol Sinopec Resources-operated Flo…

LNG

U.S. Natural Gas Prices Hit Highest Level in 14 Years

The benchmark U.S. natural gas price soared by more than 7% early on Monday.

Crude Oil

German Industry Fears Immediate Russian Gas Ban

As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition.

Oil&Gas Drilling

US Resumes Public Land Leasing for Oil and Gas Drilling

The US Department of the Interior said around 144,000 acres of public land will be put up for sale this week, marking the end of a moratorium on new leases.

Hydrogen Production

Researchers Develop Non-Metallic Photocatalyst Capable of Producing Green Hydrogen

South Korean researchers have developed a non-metallic photocatalyst that can use sunlight to produce green hydrogen which does not emit any kind of greenhouse …

LNG

Aussie LNG export revenue up 88% in Mar: EnergyQuest

Australian LNG export revenue in March was A$5.47bn ($4.03bn), up 88% year/year, energy consultant EnergyQuest said on April 18. The revenue was down 2.85% mont…

Russian Federation

New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper

The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission U…

LNG

Japan's JERA Weighs Expanding LNG Business to China

Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to C…

Oil Price

Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…

LNG

Germany to Move away From Russian Gas

Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…

Nuclear Reactor

Eyeing Green Vote, Macron Vows to Exit Oil, Coal and Gas

President Emmanuel Macron promised on Saturday to make France the "first great nation" to stop using oil, coal and gas as energy sources, in a pitch to young an…

Crude Oil

Russia’s Oil Industry Is Suffering as the West Shuns Its Crude

Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.

Crude Oil

U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge

The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while…

Oil Price

OPEC Minimum Oil Production Increase During March

OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…