Gas

OPEC
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources t…
Gas Turbine
Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines
Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far.
Natural Gas
Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch
Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years
LNG
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Natural Gas
EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms
Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices
Net Zero Emission
Greenpeace to Fight UK Approval of Shell Gas Field in Court
Climate activists at Greenpeace plan to mount a legal challenge against the British authorities allowing Shell to develop the Jackdaw North Sea gas field, after…
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
Smart Meter
Italgas – Smart Gas Networks at Core of Investments
Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.
United Kingdom
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Natural Gas
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…
Oil Price
Guyana Looks to Attract New Players in Upcoming Oil Tender
Guyana's President Ali hopes that new players in Guyana will add diversification.
Oil Price
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Natural Gas
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …
Coal Price
Back to Black? Germany’s Coal Power Plan Hits Hurdles
High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany's plan to increase electricity production from hard coal-fired power plan…
Natural Gas
Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs

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Gas

OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting

Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines

Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch

US Takes Over as World’s Largest LNG Exporter

EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms

Greenpeace to Fight UK Approval of Shell Gas Field in Court

Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030

Italgas – Smart Gas Networks at Core of Investments

Shell Greenlights Investment in Major Gas Field in the UK North Sea

EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility

Guyana Looks to Attract New Players in Upcoming Oil Tender

Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Back to Black? Germany’s Coal Power Plan Hits Hurdles

Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27