Gas

Crude Oil

EIA Cuts World Oil Demand Growth for 2023

The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…

Oil Price

European Commission Says Gas Price Cap Is Impossible

The European Commission told countries at a Monday seminar this week that there was no way to create a gas price cap as previously requested by EU leaders.

Carbon Emissions

COP27: UAE Says Will Carry on Pumping Oil Responsibly

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.

Hydrogen Technology

Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…

LNG

Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows

Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.

Floating Offshore Wind

Oil Firm Equinor Looks to Celtic Sea for Floating Wind Development

Norwegian oil and gas major Equinor on Monday said it was interested in developing a "gigawatt scale" floating offshore wind project off the coast of Britain i…

Oil Pipeline

Curbing Oil Theft Has Helped Pipeline Availability, Nigeria LNG Says

Nigeria LNG said there had been an improvement in the availability of some oil pipelines since the government and state oil firm NNPC LTD stepped up efforts in …

Oil Price

Euro Could Stay Below Dollar for as Long as Natural Gas Prices Remain High

The euro is on course to stay below parity with the US dollar for some time if gas prices do not fall markedly.

Oil&Gas Drilling

Biden Says “No More Drilling” at a Rally

“No more drilling…there is no more drilling,” said U.S. President Joe Biden at a campaign rally in New York state on Sunday when asked by a person in the cro…

Hydrogen Project

Google Calls for More Restrictive ‘Green’ Hydrogen Rules

US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the Europea…

United States

U.S. Construction Costs Drop for Solar, Rise for Wind and Natural Gas Generators

Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020

Oil Price

Saudi Arabia Cuts Oil Prices for Asia

Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…

Hydrogen Technology

Race to Ship Clean Canadian Hydrogen to Europe Navigates Choppy Water

On Canada's tranquil Atlantic coast, a dozen companies are racing to ship Canada's first green hydrogen to Europe by 2025, aiding the continent's worldwide sear…

Bosnia and Herzegovina

Bosnia's Power Exports at Risk as People Switch to Electricity for Heating

Bosnia may be forced to cut exports as Bosnians turn to subsidised electricity for heating after a jump in prices for other fuels, including gas, firewood and w…

Natural Gas

Enbridge Greenlights C$3.6 Billion Gas Pipeline Expansion in Canada

Canadian energy infrastructure firm Enbridge Inc on Friday announced a C$3.6 billion expansion of the southern segment of its British Columbia (B.C.) gas pipeli…