Gas

Crude Oil

Major Oil Traders Cut Russian Crude Purchases Starting Next Month

Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…

Hydrogen Project

Japan's Osaka Gas Backs $11 Billion Green Hydrogen Project in Australia

Osaka Gas Co Ltd said on Tuesday it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider poten…

Hydrogen Production

Shell, Uniper Partner on UK Low-Carbon Hydrogen Facility

German utility Uniper and Shell will team up to jointly produce low-carbon hydrogen at a Uniper power station in Britain in a bid to boost use of the fuel and c…

CCS

Indonesia Advances Carbon Capture, Storage and Utilisation Ambitions

Pertamina and Mitsui in joint feasibility study to commercialise CCUS in the Southeast Asian nation.

Crude Oil

Equinor Announces New Oil and Gas Discovery in the North Sea

Preliminary estimates suggest between 25m to 50m barrels of recoverable oil equivalent.

U.S. Plans Its Largest Hydrogen Energy Infrastructure

The largest gas utility company in the U.S. has proposed to build the nation’s largest green hydrogen energy infrastructure system. Some hail the move while ot…

Natural Gas

Energy Cooperation with Israel and Cyprus

Greek Environment and Energy Minister Kostas Skrekas held talks with his Israeli and Cypriot counterparts, Karine Elharrar and Natasa Pilides.

LNG

Hyundai Glovis Wins LNG Shipping Deal From Australia

Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …

LNG

Shell’s Prelude FLNG Resumes Operation

Shell has officially restarted LNG cargo operations at its Prelude FLNG facility offshore Western Australia after near four-month hiatus.

LNG

Energy Spending to Hit Record High of over $2t in 2022: Report

​Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.

CCS

World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working

Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.

Natural Gas

EU, Egypt to Boost Cooperation on Natural Gas, Cabinet Says

Egypt and the European Union will enhance cooperation in energy, the Egyptian cabinet said after a meeting between Prime Minister Mostafa Madbouly and Frans Tim…

LNG

U.S. Gas Storage Emptied by Exports to Europe and Asia

U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…

Nuclear Power Plant

European Renaissance for Nuclear Energy?

Could nuclear power help break Europe's dependency on Russian gas?

Natural Gas

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…