Gas

Oil&Gas Drilling

Drillers Ask U.S. To Exempt Smallest Wells From Looming Methane Rule

Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation's smallest wells from upcoming rules requiring drillers …

Carbon Emissions

EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study

Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…

LNG

Shell's Flagship LNG Trading Division Made Big Loss in Q3

Gas trading divisions by Shell’s peers performed much better.

Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Natural Gas

Azerbaijan Needs Investment in Order to Boost European Gas Flows

Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.

Natural Gas

Why Overly Confident U.S. Drillers Ditched Their Hedges

Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.

Energy Transition

British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal

Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …

Natural Gas

Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues

German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…

Net Zero Emission

MIT Amps up Research to Reduce Methane Emissions by 2030

One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).

Crude Oil

North America Leads $370 Billion Global Push for Oil & Gas Pipelines

Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…

Oil Price

BP Looking at Billions in Buybacks for Q4

British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.

Hydrogen Project

The UK Looks to Repurpose Natural Gas Infrastructure for Hydrogen

The UK is trialing the idea of repurposing natural gas infrastructure for hydrogen.

Natural Gas

Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field

Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…

Hydrogen Production

Indonesia Tests Co-Firing of Coal and Gas With Biomass and Hydrogen

Mitsubishi Heavy Industries is to explore co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power.

Oil Refinery

French Refineries Restart After Strike Action

Around 45% of France’s oil refining capacity remains offline following strike action last month, but supply is set to improve as one major refinery is back on …