Gas

Crude Oil

Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing

Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …

Natural Gas

Natural Gas Prices Drop as Putin Says Russia will Boost Supplies to Europe

According to trading data from the ICE, the price of November gas futures on the Dutch TTF index started trading at almost $1,260 per thousand cubic meters on T…

Crude Oil

Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027

Iraq, OPEC’s second-biggest producer, is in advanced talks with international oil companies over boosting the country’s production capacity to 8 million b/d b…

Ammonia

J-Power, Origin Team up on Green Ammonia in Australia

Japanese power producer and wholesaler J-Power and Australian utility and gas firm Origin Energy will cooperate to develop a green ammonia business in Australia…

Crude Oil

US Imports of Canadian Crude up as Line 3 Starts

Early signs that new pipeline capacity out of Canada is now supplying crude to the US came this week as preliminary data from the US EIA showed a notable rise i…

Natural Gas

Defining Moment for the World on Natural Gas: GECF Annual Workshop

The cleanest of all the fossil fuels has entered its most defining moment as the world gets back to the twin ambitions of economic recovery and sustainable prog…

LNG

LNG Binding Producers-Consumers Together in Abruptly Changing Energy Landscape

However, he warned, the industry is increasingly being challenged by policies slanted against fossil fuels, which may lead to lack of financing and investment a…

EU

EU Countries Grapple with Response to Energy Price Spike

EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.

Natural Gas

Qatar Energy Minister Says Current Gas Market Conditions Unhealthy

Kaabi said it was time to "set aside emotions" and realise that a successful energy transition cannot be achieved by producers alone and that it must be a joint…

Combined cycle power plant

Siemens Energy to Deploy HL-Class Turbines for 877MW Plant in Greece

Siemens Energy is supplying its HL-class gas turbine technology to Terna S.A for a combined cycle plant in Greece.

Energy Crunch: Three more UK Power Firms Collapse

Record prices for natural gas have pushed three more United Kingdom energy firms out of business.

Natural Gas

Brazil Prepares Moves to Smooth Gas Market Opening

The Brazilian government is preparing a new resolution to solve some of the most urgent pending matters in the soon-to-be-liberalized natural gas market.

Natural Gas

China Boosts Gas Storage, Supplies Ahead of Winter

China has accelerated gas purchases and storage ahead of winter as the country prioritises meeting its heating needs.

Oil Price

UAE Petrol Prices to Edge Higher in October

Motorists across the Emirates will pay more at the pumps for both petrol and diesel

Crude Oil

Oil Price Falls for Second Day as Supply-Driven Rally Peters Out

Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.