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Gas
Hydrogen Storage
Chevron Pulls Out of Utah Green Hydrogen Energy Storage Project
Oil and gas major Chevron has pulled out of plans to acquire an equity interest in Advanced Clean Energy Storage Delta (ACES Delta), the 300GWh green hydrogen e…
United States
The Rise of Robots in the Oil and Gas Industry
The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalizati…
LNG
Can Europe Actually Afford to Kick Fossil Fuels?
The European Union has made big pledges to go green, but the energy crisis is making its plans exceedingly difficult to achieve.
Oil Price
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…
United States
Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel
A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…
Natural Gas
“Nord Stream Reductions Will Increase Energy Prices Further”
Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.
Oil Price
Oil Rises on Market Caution Over Tight Supply
Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab…
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
Coal-Fired Power Plants
Europe May Shift Back to Coal as Russia Turns Down Gas Flows
Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that t…
LNG
‘Green Energy World Will Be Cheaper’ Rwe CEO Says as Germany Faces Gas Crunch
Economics minister Habeck announces measure to save gas and avoid rationing in coming winter that include longer use of coal power plants.
Hydrogen Project
NextEra Unveils ‘Mad’ Plan to Develop 16GW of Hydrogen Power Stations in Florida
Experts puzzled by proposal from owner of Florida utility to convert its fleet of baseload natural gas-fired power stations to run on green hydrogen by 2045.
CCS
Oil Players Join Forces to Develop ‘One of the Largest CCS Facilities in the North Sea’
In pursuit of its strategy to go beyond net-zero, oil and gas company Neptune Energy has teamed up with several firms to pool resources for the development of a…
LNG
Qatar Expands LNG Capacity to Become Europe’s Emergency Gas Supplier
Qatar signed massive deals with TotalEnergies and Eni for the expansion of the world’s biggest LNG project.
Coal-Fired Power Plants
Netherlands to Burn More Coal to Conserve Gas
The Netherlands will ease its current restrictions on coal-fired power plants.
LNG
EU Signs Strategic Partnership With Oil, Gas-Rich Gulf Nations
EU would form a “strategic partnership” with the Gulf Cooperation Council and its Member States “as part of enhancing engagement in the broader region".
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