Gas

Oil Price

Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills ​​​​​​

A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy su…

EU

EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse

EU Unity At Stake As Countries Try To Break Gas Price Cap Impasse

Crude Oil

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar

LNG

German Energy Regulator Urges Consumers To Save More Gas

Households must reduce gas consumption by 20%, more than they’re currently doing, to avoid shortages in coming months, Bundesnetzagentur warns.

Nuclear Power Plant

China's Demonstration HTR-PM Reaches Full Power

The demonstration High Temperature Gas-Cooled Reactor-Pebble-bed Module (HTR-PM) at the Shidaowan site in Shandong province of China has reached its initial ful…

Crude Oil

Exxon, Chevron to Spend Billions More on Oil Projects Next Year

The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h…

Smart Meter

Europe’s Smart Gas Meter Penetration Reached 38% In 2021

The installed base of smart gas meters in Europe amounted to 45.9 million units in 2021, Berg Insight has reported in its latest annual update.

Carbon Emissions

Biden to Require New Federal Buildings to Slash Greenhouse Gas Emissions

The Biden administration on Wednesday unveiled a new building performance standard that would require federal agencies to slash energy use and electrify equipme…

Natural Gas

Nearly 30% Of British Gas Customers Still Missing Out on Energy Vouchers

Almost a fifth of SSE and ScottishPower customers said they hadn’t got their October or November voucher, according to a survey

Oil Price

Oil Prices Drop to Below $80 for First Time Since January on Recession Fears

US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.

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 …

France

Engie CEO Says France Fell Behind in Wind Power Rollout

France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tu…

Gas Turbine

GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines

GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Departme…