Oil

Natural Gas

Australia’s BPH Energy Explores Legal Avenues Over Project Permit

Australia's BPH Energy Ltd said on Tuesday it was conducting a review of options, including potential for legal avenues, after reports said former Prime Ministe…

Natural Gas

German Gas Levy Could Change as Soon as This Winter -Newspaper

A gas levy on German consumers meant to help utilities cover the cost of replacing Russian supplies could change as soon as this winter, the managing director o…

Crude Oil

U.S. Crude in SPR Hits Lowest Level Since January 1985

U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin…

Oil Refinery

Venezuela’s Second Largest Refinery Resumes Gasoline Production

Venezuela's state oil and gas company PDVSA has restarted gasoline production at the country's second largest refinery after repairing a breakdown.

Oil Price

Big Tech Is Under Pressure to Turn Its Back on Big Oil

Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi…

LNG

Canada Exploring Feasibility of Direct LNG Exports to Europe -PM Trudeau

Canada is exploring ways to see if there is a business case to export liquefied natural gas (LNG) directly to Europe from its east coast, Prime Minister Justin …

Oil Price

Oil Prices Rise After Saudi Says OPEC Could Cut Output

Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.

Natural Gas

Russia to Close Nord Stream 1 Taps for Three Days

Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”

LNG

The World’s Biggest LNG Exporter Has a Pipeline Problem

The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter.

LNG

U.S. Industrial Gas Producer Air Products Exits Russian Business

U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip…

Oil Price

Oil Has Become Too Volatile for Traders

Hedge funds are pulling out of oil as price volatility becomes excessive.

LNG

Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip

Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russia…

Natural Gas

Italian Manufacturers Cut Output to Save Energy, Government Official Says

Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit…

Natural Gas

Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away

As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…

Oil Field

How Norway Can Expand Its Oil Industry and Reduce Emissions

Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n…