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Gas
Oil Refinery
Shell Cuts Output at German Refinery as Rhine Is Drying up
The company has cited the “low water level” of Rhine as the reason for its decision
Hydrogen Production
Australian Start-Up’s Hydrogen Find Offers Hope for Coal Plants
Star Scientific's technology uses a catalyst that can turn hydrogen and oxygen into superheated steam capable of driving a power-station turbine
Natural Gas
Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator
Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.
Natural Gas
Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply
Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de…
Carbon Emissions
EU Greenhouse Emissions Bounced Back
Greenhouse gas emissions rose in the first three months of the year, according to official data.
Oil Price
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…
Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Natural Gas
Europe Says ‘No’ to VAT Exemption on German Gas Levy
All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
Crude Oil
Latin America’s Crude Exports Drop In August
Exports of crude oil and condensates from Latin America, excluding Venezuela, have fallen so far in August compared to high levels in July
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
Crude Oil
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as …
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