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Gas
Oil Price
US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices
US officials have hinted at more releases if prices continue to surge.
Oil Refinery
Workers Continue Strikes at TotalEnergies Normandy and Fezyin Refineries - Union
Workers at TotalEnergies Normandy and Feyzin refineries decided to continue a strike which has dragged on for almost four weeks on Thursday.
Hydrogen Production
High Gas Prices Spur Green Hydrogen Investment -Report
Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…
Oil Field
Baker Hughes Sees Bright 2023 for U.S. Oil
Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.
Natural Gas
How Hydrogen Blends Will Impact HRSG Operation, Maintenance, and Performance
Countries have issued targets to reduce or even eliminate the use of traditional fossil fuels. Gas turbine original equipment manufacturers (OEMs) are respondin…
OPEC
Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties
Malaysia has said a decision by OPEC+ member states to cut oil production was unanimous, and made after taking into account the need to address market uncertain…
Natural Gas
Global Natural Gas Crisis Dampens Momentum for ‘Cleaner’ LNG
Europe’s energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunc…
Natural Gas
EU Far From Finding Solutions to Energy Crisis, Spanish Minister Says
European Union members have not yet identified common solutions to the energy crisis, Spain's Energy Minister Teresa Ribera said on Tuesday.
OPEC
Iraq Reiterates Support for OPEC+, Saudi Arabia
Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.
Oil Price
Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production
U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…
Natural Gas
EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says
European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …
Oil Refinery
Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart
Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…
Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Natural Gas
EU Publishes Emergency Gas Cap Proposal
The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.
Nord Stream 2
Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced
Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.
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