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Gas
Natural Gas
EU Mulls Energy Price Cap for Certain Generators - Document
The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.
Natural Gas
European Intervention Sees Gas Prices Drop
The EU is looking to separate gas and electricity prices to protect consumers.
CCS
MHI Wins Contract for Combined Cycle Plant With Carbon Capture in Scotland
Mitsubishi Heavy Industries, Ltd. (MHI) has won a Front End Engineering Design (FEED) contract for a gas turbine combined cycle (GTCC) power plant and carbon ca…
LNG
LNG Investments to Reach $42B Annually in 2024: Report
This is 20 times the investments seen in 2020 which amounted to $2b.
Nuclear Reactor
Ultra Safe Nuclear and Hyundai Engineering Partner on High Temperature Reactor
Ultra Safe Nuclear Corporation, which is working to deploy a gas-cooled micro reactor, said it has a new supplier agreement with Korean EPC firm Hyundai Enginee…
Crude Oil
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
LNG
Canada Sees West Coast LNG Revival as World Scrambles for Gas
Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposi…
Crude Oil
Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth
UAE, Oman back Saudi view on possible output cut
Germany
Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper
The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazpro…
Clean Energy Transition
Australian Energy Crisis Gives Rise to New Gas Supply Need
Energy prices rose 400% up to AU$40 per gigajoule.
Gas Turbine
GE to Invest in US Hub to Expand Small-Turbine Manufacturing
GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Ce…
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
Natural Gas
Italgas – Gas Network Digitalisation Well Under Way
Italian gas DSO Italgas has reported operation of the first sections of new digital gas networks in northwest Italy and works under way in central Italy.
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
LNG
U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart
U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.
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