Gas

Energy Transition

Australia Needs Coal, Gas to Back up Renewables - Regulators

Australia's Energy Security Board proposed on Monday paying coal- and gas-fired generators for buffer supply on the grid but offering longer-term contracts for …

Natural Gas

Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply

Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restr…

LNG

Qatar Energy Partners With Eni for North Field East LNG Project

Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, foll…

Germany To Provide 15 Billion-Euro Credit Line To Fill Gas Storage

Germany will provide an additional 15 billion euros in credit lines for the purchase of gas to replenish storage facilities.

Oil Price

Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…

Crude Oil

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …

United Kingdom

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’

The UK spent £5.1 billion on Russian energy imports in the year to April 2022.

Natural Gas

Ukraine’s Largest Gas Company Secures €300M Loan

The funding will help the company secure gas stocks for the winter.

LNG

How the World’s Top Coal, LNG Exporter Ran Into a Power Crisis

Australia, the world's top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country's new Labor governmen…

Natural Gas

Israel Signs Deal to Export Natural Gas to EU

The MoU also require the parties to reduce emissions.

CCS

World’s Largest CCS Project Set for Sanction in 2023

Santos' Bayu-Undan scheme could take foundation volumes from its Barossa gas development.

HYBRIT: A Unique, Underground, Fossil-Free Hydrogen Gas Storage Facility Is Being Inaugurated in Luleå

SSAB, LKAB and Vattenfall are inaugurating HYBRIT’s pilot facility for fossil-free hydrogen gas storage at Svartöberget in Luleå, Sweden.

LNG

Norway’s Equinor Strikes LNG Purchase Deal With Cheniere

The 15-year sales and purchase agreement will add around 1.75m tonnes of LNG per year to Equinor’s portfolio of pipeline gas and LNG.

Energy Security

Lithuania Seeks to Cut Ties With Russian Grid Earlier

Lithuania’s President said the fastest decoupling would increase the energy security of the Baltic countries.

Carbon Neutral

Hydrogen Will Give U.S. Natgas Pipes New Life in Carbon-Free World

Natural gas companies plan to use hydrogen and renewable natural gas (RNG) made from landfills or agricultural waste to extend the life of existing pipelines in…