Gas

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Oil Price

Oil Prices Slip Ahead of OPEC+ Meeting

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.

OPEC

OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement

OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.

Crude Oil

More Oil Discoveries Boost Guyana’s Offshore Boom

Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.

Natural Gas

Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?

The reopening is predicted to help the country cement its gas stocks amid fears of shortages

Natural Gas

Germany Starts Rationing Hot Showers to Save on Gas

Authorities of a German city race to save kilowatts as gas shortage scenarios are looming

Oil Field

Life Extension Granted for North Sea Field

Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.

Natural Gas

Synthetic Methane Injection into France’s Gas Distribution Grid Demonstrated

French green gas start-up Energo has demonstrated the injection of synthetic methane into GRDF’s gas distribution network.

Gas Turbine

GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency

GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development …

Natural Gas

Japan Should Consider Alternative Power Sources to Avoid Supply Shortage: Fitch

Natural gas holds the largest share in the country’s power mix.

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