Gas

Natural Gas

Norway Ramps up Natural Gas Production to Combat Energy Crisis

Norway’s authorities have approved applications from operators to boost production from several gas fields, the Norwegian Ministry of Petroleum and Energy said…

New Methane Binding Process Could End Insanely Wasteful Burn-Offs

The global oil industry wastefully burns off about as much natural gas as is used by all of Central and South America – but a new methane binding agent offers …

LNG

The Canadian Government Will Not Fund New LNG Terminals

According to Canada's Natural Resources Minister, Canada will not financially support the two new LNG export projects that have been proposed.

Natural Gas

“Total Halt of Russian Energy Exports to Europe Could Put UK’s Energy Security at Risk”

Europe could face a ‘severe recession’ if Vladimir Putin turns off the gas flows, according to a report

United States

US Supreme Court Limits EPA’s Greenhouse Gas Powers

The US Environmental Protection Agency (EPA) has been limited in its authority to regulate greenhouse gases.

Gas power plant

GE and Azito Complete Ivory Coast’s Largest Gas Power Plant

GE and electricity provider Azito Energie have begun operations of Azito’s Phase IV simple cycle power plant in Abidjan, Ivory Coast, making the Azito power pl…

Oil Refinery

Fire at Norway’s Mongstad Oil Refinery Extinguished

The incident, which was reported at 5.46am yesterday, occurred in a section of the refinery that produces gasoline, leading to parts of the plant involved in pr…

Russian Federation

Putin Signs Decree to Seize Control of Project Partly Owned by Shell

Shell has a 27.5% stake in the oil and gas project

Australia

ConocoPhillips Adds to Aussie Offshore Exploration Portfolio

US operator adds to its position in south-east Australia where domestic gas demand is strong

LNG

UK’s LNG Imports Doubled in First Quarter

UK’s liquefied natural gas (LNG) imports in the first quarter of 2022 reached the highest level recorded over a decade.

Coal Price

Australia Forecasts Record Mining, Energy Export Sales for 2023

Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal…

Oil Price

Bezos Slams Biden’s Call For Gasoline Stations to Cut Prices

Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies r…

Oil Refinery

Production at Venezuela’s Largest Refinery Hit by Blackout

Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…

Oil Refinery

Strike Ends at Exxon Refinery in France

A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company sai…

Global Energy Security at Risk as Recoverable Oil Drops

Global recoverable oil is estimated at 1.57 trillion barrels, 9% down from last year.