Natural gas

Natural Gas

U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia

U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”

Natural Gas

ICE Warns EU Gas Price Cap Could See Prices Rise

An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

Natural Gas

Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…

Natural Gas

Eastward Gas Flows via Yamal-Europe Pipeline Fall to Zero

Eastbound gas flows through the Yamal-Europe pipeline to Poland from Germany fell to zero on Monday morning, while Russian supplies to Europe via Ukraine inched…

Natural Gas

European Gas Consumption Is 24% Below the Five-Year Average

Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.

Crude Oil

Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway

Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit…

Natural Gas

Germany’s Largest State Declares Emergency Amid Energy Crisis

North Rhine-Westphalia, the biggest state in Germany in terms of economy and population, has declared an emergency situation amid the energy crisis in order to …

Natural Gas

Eni Holds Preliminary Talks to Buy UK Gas Producer for up to $6 Billion

Italian energy major Eni has held preliminary talks to potentially buy UK-based gas-focused producer Neptune Energy for up to $6 billion, Reuters reported on We…

Natural Gas

Saudi Arabia Makes More Unconventional Gas Discoveries

Saudi Arabia’s oil giant Aramco has discovered two unconventional natural gas fields in the eastern part of the country.

Natural Gas

Shell to Acquire Nature Energy

Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners, and Sa…

LNG

Scholz Welcomes Qatar LNG Deal as 'Building Block' for German Energy Security

German Chancellor Olaf Scholz welcomed a new deal for liquefied natural gas (LNG) from Qatar on Tuesday as a "building block" towards his country's energy secur…

LNG

Excelerate Energy's LNG Plant in Argentina Could Be Completed by 2025, Says Executive

Excelerate Energy, a U.S. company that provides storage and regasification services for liquefied natural gas globally, could complete its planned gas liquefact…

LNG

Europe to Raise LNG Import Capacity Significantly Through 2024

The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.

LNG

QatarEnergy, ConocoPhillips Sign LNG Supply Deal for Germany

QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years from 2…