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Gas
Natural Gas
Will Importers Cave into Putin’s Gas for Rubles Demand?
Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…
United Kingdom
Industry Body Says Offshore Fields Can Support 40% of UK’s Gas Consumption
The UK’s offshore fields can support around 40% of the country’s gas consumption and two-thirds of its oil consumption over the next two years.
Oil Price
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
United States
Why Gas Prices Have Soared in America
Why gas prices are high even though the U.S. doesn't depend on Russia for oil?
Ukraine
Ukraine Impact on Energy Prices to Force UK Slowdown
Britain’s economic growth is expected to slow down as the Ukraine conflict raises the cost of energy and commodity prices.
LNG
RWE Plans Ammonia Plant at LNG Terminal Site in Germany
RWE is to build an ammonia plant at the site in Germany where it is previously announced plans for the country’s first liquefied natural gas (LNG) terminal.
LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
LNG
U.S. to Supply 15 bcm of Additional LNG to Europe in 2022
The United States will work to ensure it supplies 15 billion cubic metres (bcm) of liquified natural gas (LNG) to European Union markets this year, as Europe se…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
LNG
EU Clinches U.S. LNG Deal, Brushes off Russian Rouble Demand
The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG).
Hydrogen Production
A Gas Giant Maps out Its Hydrogen Plan
The market for the clean-burning fuel will take a long time to develop. That may give incumbents like Air Liquide an advantage over startups.
Crude Oil
Middle East Crude Grades Feel the Pressure as Russian Urals Head to Asia
Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasing…
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