Gas

Natural Gas
Average US Gas Price Rises 22% in Two Weeks to Record $4.43
The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…
Crude Oil
Rising US Oil Clout on Show in Houston
A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the …
Crude Oil
Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…
Crude Oil
China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020
China's daily oil processing rate dropped 1.1% in the first two months of 2022 from a year ago, to the lowest since December 2020, as independent refiners scale…
Oil Field
Bohai Sea Oilfield Output Exceeds 500 Million Tons
The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has …
LNG
Dutch Limit Gas Production at Groningen Despite Energy Crisis
The Dutch state announced in 2019 that Groningen output would end by October 2022 to limit seismic risks in the region, with gas only to be extracted thereafter…
Crude Oil
Again, Crude Oil Production by OPEC, Allies Falls by 890,000 bpd
Despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, to raise crude oil production by 340,000 barrels per day…
EU
EU Will Need Five Years to Ditch Russian Energy
Europe plans to phase out its dependency on Russian oil, gas and coal by 2027.
LNG
China’s CNPC to Start LNG Production in Mozambique in October
China’s CNPC and its partners are set to start liquefied natural gas (LNG) production in Mozambique in October, the Mozambican government announced.
Oil Price
Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri
Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…
LNG
Japan Eyes LNG Investments to Cut Dependence on Russian Energy
Japan aims to reduce its dependency on Russian energy supply by taking steps.
Crude Oil
India Hopes for Oil from Iran, Venezuela; Higher Output from OPEC+ to Cool Prices
Replying to supplementaries during question hour in the Rajya Sabha, Oil Minister Hardeep Singh Puri said oil export from Venezuela and Iran had been hit due to…
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
Natural Gas
Niti Aayog for End to Price Curbs on Local Natgas
The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…
Crude Oil
As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil
India may take up a Russian offer to buy crude oil and other commodities at a discount.

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Gas

Average US Gas Price Rises 22% in Two Weeks to Record $4.43

Rising US Oil Clout on Show in Houston

Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed

China's Jan-Feb Daily Crude Oil Throughput Falls to Lowest Since End-2020

Bohai Sea Oilfield Output Exceeds 500 Million Tons

Dutch Limit Gas Production at Groningen Despite Energy Crisis

Again, Crude Oil Production by OPEC, Allies Falls by 890,000 bpd

EU Will Need Five Years to Ditch Russian Energy

China’s CNPC to Start LNG Production in Mozambique in October

Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri

Japan Eyes LNG Investments to Cut Dependence on Russian Energy

India Hopes for Oil from Iran, Venezuela; Higher Output from OPEC+ to Cool Prices

Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions

Niti Aayog for End to Price Curbs on Local Natgas

As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil