Gas

Oil Price

Gas Prices in Seoul Top 1,800 Won Per Liter

Gas prices in Seoul topped 18-hundred won per liter on Monday for the first time in 14 weeks.

Crude Oil

India Move to Fill up Crude Oil Storages

Indian Strategic Petroleum Reserves Limited issues tenders to fill up the reserves at Visakhapatnam and Mangalore

Natural Gas

Turkey’s Underground Gas Storage Capacity to Reach 10 Bcm in 2023

Turkey is working to increase the natural gas storage capacity at its facilities.

Oil & Gas Supply

European Gas Storage Levels Survive Winter but Summer Refilling Looms

European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be …

Crude Oil

Global Mobility Resumes Path to Recovery After Asian COVID-19 Setbacks

Oil demand markers in most of the world’s biggest oil consuming countries recovered in the week to Feb. 14, according to mobility data, with markets emerging f…

Natural Gas

Egypt: GECF at EGYPS - Natural Gas Fuel for Sustainable Development

Natural gas will continue to play a crucial role in alleviating energy poverty, fuelling economic growth, expanding prosperity, and contributing to the protect…

Natural Gas

London ‘Produces up to a Third More Methane than Estimates Suggest’

Natural gas leaks are the biggest emitters of methane, new research finds.

Natural Gas

Ukraine and Putin: An Expanded Perspective

Ukraine is the largest natural gas transit system in the world, particularly to Europe and earns roughly $1.2 billion per year from transit fees at $2.66 per 10…

Oil Price

Soaring Fuel is Bad Timing for Governments Facing Voters

Oil’s relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November a…

Oil Price

Arab Oil Producers Say OPEC+ Should Stick to Current Output Agreement

OPEC+ should stick to its current agreement to add 400,000 barrels of oil per day each month to output, ministers of Arab oil-producing countries said on Sunday…

Oil Price

Asia Shares Skid, Oil Surges as Ukraine Tensions Smoulder

Asian share markets slid and oil surged on Monday amid warnings Russia was set to invade Ukraine, risking sanctions that could trigger a further spike in energy…

LNG

S. Korea Contemplating Sharing LNG with Europe amid Ukraine Crisis

South Korea is thinking seriously about sharing its liquefied natural gas (LNG) inventories with Europe amid looming supply disruptions sparked by the Ukraine c…

Natural Gas

Power Shortage Looming for Germany?

Experts have predicted right from the start of the COVID pandemic that the pandemic-related drop in electricity demand in 2020 would not be long-lasting.

Natural Gas

Can Norwegian Natural Gas Solve Europe's Energy Crisis?

Norway’s Equinor has agreed to maintain maximum natural gas production rates to help the European Union fill its gas storage facilities.

Oil Price

Supply Shortages are Wreaking Havoc on The energy Industry

The energy sector is facing shortages on all sides, with commodity prices soaring around the world and very little hope that it will be solved in the near term.