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Gas
France
TotalEnergies Accelerates Refinery Wage Talks as Fuel Supply Shrinks
Wage talks had been scheduled for mid-November
France
TotalEnergies Says It Is Ready to Hold Wage Talks in October
French energy group TotalEnergies on Sunday proposed annual wage negotiations to start this month, subject to the end of industrial action that continues to res…
OPEC
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
LNG
Petronas Pipeline Leak Hit Part of Malaysia's LNG Exports
Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline …
Crude Oil
The UAE Isn’t Ditching Oil for Renewables Just Yet
The UAE isn’t likely to curb its oil production in favor of renewables any time soon.
OPEC
Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern …
Crude Oil
Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project
Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia…
Crude Oil
China Releases First Batch of 2023 Crude Oil Import Quotas
China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday.
Oil Refinery
France Struggles with Refinery Strikes, but Not Planning Petrol Rationing
More than a fifth of France's service stations were grappling with supply problems on Saturday as strikes at refineries run by oil majors TotalEnergies and Exxo…
Oil&Gas Drilling
UK Launches Licensing Round for New Oil and Gas Projects
Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses
Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Natural Gas
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
India
India's Fuel Demand Slips to 10-Month Low in September
India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.
Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
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