Gas

LNG

Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…

Natural Gas

Hydrogen Blends Over 5% May Need Infrastructure Modifications – Study

New studies on hydrogen blending with natural gas suggest blends over 5% may require modifications to distribution infrastructure and appliances.

EU

Europe Urged to Clamp Down on Growing Greenhouse Gases Black Market

Illegal hydrofluorocarbons smuggled into the EU amount to nearly 30% of the legal trade, according to the Environmental Investigation Agency

Crude Oil

BP Profit Triples on Soaring Energy Prices

Oil company reveals profits increased to a 14-year high.

OPEC

Saudi Arabia May Push for Higher OPEC Production

Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.

Natural Gas

EU Gas Dependence on Russia Falls by 50%

EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.

Oil Refinery

Global Refining Capacity to Expand With New Projects in Middle East, Asia

The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…

Oil Field

First Oil Flows From North Sea Field

German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.

Smart Meter

UK DCC Sets Out Smart Meter Plans

The UK smart meter Data Communications Company (DCC) is evolving its activities to support the ongoing rollout and operation of the country’s electricity and g…

LNG

Australia May Limit LNG Exports Amid Domestic Gas Shortage

Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the gover…

Crude Oil

As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production

Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t…

Natural Gas

UK Arm of Gazprom Rebrands

Gazprom Marketing & Trading, which traded as Gazprom Energy is now called SEFE Energy.

Natural Gas

Australia Considers Curbing Gas Exports to Avert Domestic Supply Crunch

Australia said on Monday it will decide whether to curb exports of liquefied natural gas (LNG) after a watchdog urged restrictions, warning one of the world's b…

Natural Gas

Swiss on Track to Secure Winter Gas Reserves, SonntagsBlick Reports

Switzerland is on track to secure the natural gas reserves it is seeking for the winter heating season, the SonntagsBlick paper cited a utility sector official …

Oil Price

South Africa Authorities to Cut Fuel Pump Prices From Wednesday

South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…