Oil

OPEC

OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd

OPEC+ is slimming down its projections for an oil market surplus this year.

United Kingdom

UK’s Electricity Market Braces for the Biggest Shake-up of the Last 30 Years

The government is considering cutting the link between electricity and gas prices

LNG

Carbon-Neutral Liquefied Natural Gas: Is It Possible?

Companies seeking to preserve the importance of natural gas in the energy transition are embracing carbon-free liquefied natural gas (LNG).

Natural Gas

French Energy Giants Urge Consumers to Cut Energy Use

​The heads of France's big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy c…

Natural Gas

EU and Norway Step Up Co-Operation to Ensure Additional Gas Supplies

Norway is the biggest producer of oil and gas in Europe, delivering around one-fourth of EU countries’ gas consumption and significantly contributing to Europe…

LNG

INEOS Energy Enters Global LNG Market With US Supply Deal

Major deal with Sempra Infrastructure will see the potential supply of 1.4mn tonnes of LNG a year from North America for 20 years.

Top 10 Energy Companies

These energy big-hitters are at the forefront of changing oil and gas dynamics and transition to renewable energy.

Biofuel

Cargill Completes Biodiesel Plant in Belgium

In a move aimed at reducing greenhouse gas (GHG) emissions and promoting circular fuel possibilities, Cargill has completed its first advanced biodiesel plant i…

Hydrogen Storage

Chevron Pulls Out of Utah Green Hydrogen Energy Storage Project

Oil and gas major Chevron has pulled out of plans to acquire an equity interest in Advanced Clean Energy Storage Delta (ACES Delta), the 300GWh green hydrogen e…

United States

The Rise of Robots in the Oil and Gas Industry

The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalizati…

LNG

Can Europe Actually Afford to Kick Fossil Fuels?

The European Union has made big pledges to go green, but the energy crisis is making its plans exceedingly difficult to achieve.

Oil Price

Why Is There a Worldwide Oil-Refining Crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…

United States

Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel

A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…

Natural Gas

“Nord Stream Reductions Will Increase Energy Prices Further”

Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.

Hydrogen Project

$5 Billion Green Hydrogen Project Launches Between Adani and TotalEnergies

The renewable H2 initiative is meant to help India to cut back on its oil and coal imports.