Gas

LNG

U.S. Gas Storage Emptied by Exports to Europe and Asia

U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…

Nuclear Power Plant

European Renaissance for Nuclear Energy?

Could nuclear power help break Europe's dependency on Russian gas?

Natural Gas

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Natural Gas

Price Volatility and Rising Demand Revive U.S. Natural Gas Trading

Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Carbon Emissions

Methane Emissions Surged by a Record Amount in 2021, NOAA Says

Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.

Oil Price

Shell Raises Russia Writedown to as Much as $5 Billion

Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…

World Gas Conference 2022

World Gas Conference 202223 May 2022 - 27 May 2022The World Gas Conference, conducted by the International Gas Union (IGU) since 1931, is the world’s largest a…

Hydrogen Project

Kent and CGG Join for Carbon Capture and Hydrogen Projects

Oil and gas company Kent and technology business CGG have joined forces to develop carbon capture and hydrogen technologies.

Carbon Emissions

Could Nano-Scale Filters for Isolating CO2, Hydrogen and Biogas Accelerate the Energy Transition?

A better way to separate gases. A new membrane material could make purification of gases significantly more efficient, potentially helping to reduce carbon emis…

LNG

China Signs Another Deal to Buy US LNG

US-based Next Decade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years starting as early as 2026 from…

Carbon Emissions

Giant Biomethane Production Plant Switched on in France

Veolia and Waga Energy announced the commissioning of the production unit which used biogas from a non-hazardous waste storage facility.

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.

Crude Oil

West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia

Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…