Gas

Thermal Plant

Uzbekistan Commissions 240MW Thermal Power Plant

Alongside the thermal power plant, built by the Turkish company Cengiz Enerji, Uzbekistan is to build a 220MW piston gas power plant.

OPEC

Opec Mulls Removing IEA as a Secondary Source

Opec has removed Paris-based energy watchdog the IEA from the panel of "official" secondary sources that monitor the group's monthly crude production.

LNG

U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to …

Joe Biden

Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices

President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.

Carbon Emissions

Australia’s Santos Deepens 2030 GHG Reduction Target

Australian independent Santos plans to deepen its greenhouse gas (GHG) emission cuts to 30pc for scope one and two emissions by 2030, up from its previous targe…

South Korea

South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict

South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook …

United States

Shell Fires up Olympus Tie-Back in Gulf of Mexico

Oil major Shell has kicked off production from a deepwater tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.

Oil Price

Oil Rises on Supply Tightness Despite "Constructive" Ukraine-Russia Talks

Oil prices climbed on Wednesday on hopes of progress in peace talks between Russia and Ukraine and providing a fresh reminder supply remains tight as data showe…

Germany

OGE and RWE Propose Hydrogen Fast Track in Germany

Gas transmission system operator OGE and energy company RWE have unveiled ‘H2ercules’ as a national hydrogen infrastructure concept.

United Kingdom

Macquarie to Purchase Controlling Stake in UK Gas Grid

Australian mining company Macquarie has agreed a deal to purchase control of the UK’s gas infrastructure for £4.2bn ($5.5bn).

EU

Doubling Renewables ‘Could Help Europe Halve Gas Usage by 2030’

An accelerated push for renewables could cement Europe’s efforts to halve its total gas consumption, as countries strive to enhance sustainable economic develo…

Oil Price

Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s

Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …

LNG

U.S., German Officials to Meet this Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet in Berlin this week with energy industry executives to discuss ways to boost Germany's energy supplies, as Russia…

Crude Oil

Ukraine Crisis: Why India Is Buying More Russian Oil

Russia is seeking new markets for its oil exports as Western sanctions tighten - and India has been taking advantage of discounted prices to ramp up imports fro…

OPEC

Russia Will ‘Always’ Be a Part of OPEC+, UAE Energy Minister Says

The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun …