Gas

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…

Crude Oil

Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut

Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Natural Gas

Russia to Pursue Gas Deals With Turkey at G20

Russia is set to announce its plans for gas deals with Turkey at the G20 meeting in Indonesia next week, Russia’s foreign ministry said on Thursday.

Uniper Uses Hydrogen Unit to Power Gas Plant During Outage

For the first time, Uniper has used green hydrogen to power a planned outage at one of its gas-fired plants.

Hydrogen Project

Uniper Partners With NewMed Energy on LNG and Hydrogen to Minimise Energy Crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long t…

Natural Gas

Natural Gas Prices Slide as Bearish News Continues to Mount

The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.

Carbon Emissions

S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel

S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…

OPEC

Iraq Respects OPEC+ Deal, Wants to Raise Revenue per Barrel of Oil

Iraq's oil ministry respects the OPEC+ agreement to achieve global market stability.

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

Oil Price

IEA's Birol Says $100 Oil 'Real Risk' for Economy

The head of the International Energy Agency (IEA) said on Wednesday oil prices "flirting with $100" were a real risk for the global economy.

LNG

EU Risks 30 Bcm Gas Shortage in 2023 Storage Filling Season - Von Der Leyen

The European Union risks falling short of some 30 billion cubic metres (bcm) of gas during the next storage filling season in 2023.

Crude Oil

UK’s Market-Defying North Sea Oil IPO Falls Flat

After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …

Electric Car

Autos Giant Renault Is Betting the Market for Gasoline Cars Will Continue to Grow

Renault’s focus on the internal combustion engine comes at a time when some big economies are looking to move away from vehicles that use fossil fuels.

OPEC

Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show

Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.