Gas

Crude Oil

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…

Hydrogen Transport

Mitsubishi to Build Hydrogen Power Demonstration Facility in Japan

Japanese engineering giant targeting the commercialisation of hydrogen gas turbines by 2025, while it will also use the facility to explore other technologies s…

LNG

Germany to Create Strategic Coal and Gas Reserves

As Russia launched its attack on Ukraine, Europeans relived scenes from another time. Germany will now enact laws to ensure strategic energy reserves to cut dow…

Nord Stream 2

Russia-Ukraine Crisis: Germany Suspends Nord Stream 2

German Chancellor Olaf Scholz has suspended the certification of Nord Stream 2, the gas pipeline for importing gas from Russia, already built and waiting for ap…

Nord Stream 2

US Sanctions Company Behind €9.5bn Nord Stream 2 Pipeline

The sanction, which is in response to Russia’s actions in Ukraine, targets Nord Stream 2 AG and its CEO.

Crude Oil

Russian Crude Trades at Record Low Versus Brent on Sanctions Fears

Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…

Oil & Gas Supply

Japan Willing to Release Oil Reserves

Japanese government officials have indicated a willingness to join other countries in releasing oil reserves.

Natural Gas

Adnoc LNG Says Natural Gas Must Remain a Key Player in Global Energy Transition

Liquefied natural gas must remain a key player in the global energy transition to ensure energy supply continues to meet demand in a secure, sustainable and rel…

Oil Price

Oil at $103: No Fears of Supply Disruption to India, Prices a Concern

International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…

Oil Price

Russia-Ukraine Crisis Highlights Need for 'Energy Independence' in PH

The conflict between Ukraine and Russia, which has a direct impact on global oil prices, highlighted the importance of developing more energy sources in the cou…

Oil Price

Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts

The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…

Oil Price

Oil Hovering Around $100 may Give a Crude Shock to Inflation, CAD, GDP

Brent crude oil crossed $100 a barrel on Thursday for the first time since 2014 prompted by the Russia-Ukraine conflict.

Natural Gas

Why Europe Is So Dependent on Russia for Natural Gas

Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.

Oil Price

Oil Tops $105/bbl After Russia Attacks Ukraine

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c…

Nord Stream 2

Biden Unveils Sanctions on Russian Businesses After 'Premeditated' Ukraine Attack

President Joe Biden hit Russia with a wave of sanctions on Thursday after Moscow invaded Ukraine, measures that impede Russia's ability to do business in major …