Gas

Nuclear Reactor

France Counting on Nuclear Power to Help Replace Natural Gas, Other Fossil Fuels

France plans to build at least six nuclear reactors, and possibly another eight, under the latest national low carbon strategy unveiled by President Emmanuel Ma…

United Kingdom

Partnership to Explore Geothermal Heating and Lithium Extraction in UK

Cornish Lithium and IGas Energy have agreed to jointly evaluate potential sites for geothermal heating and lithium extraction in the UK.

China

China's Major Shale Gas Field Adds 19 New Wells

The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 mi…

Oil Price

Japan, Australia Monitoring Oil Market for Impact from Ukraine Conflict

Japan and Australia said on Thursday they were closely watching oil prices for any impact from hostilities in Ukraine, with Australia saying it was prepared to …

United Kingdom

UK Advisers Urge Tougher Climate Tests on New Oil and Gas Projects

Ending new UK oil and gas production is credible and would send a clear signal to the world that the country is serious about meeting global temperature goals, …

Natural Gas

The US and Germany Have Now Both Targeted Nord Stream 2 to Punish Russia. Here's Why the Pipeline Is So Important

In the wake of Germany suspending the Nord Stream 2 project, the United States has now imposed sanctions on the company in charge of the natural gas pipeline.

Oil Price

Stocks Dive, Oil Surges as Russia Invades Ukraine

Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the …

Oil & Gas Supply

Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise

Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s…

Crude Oil

Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil

Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…

Natural Gas

Serbia to Sign Long-Term Gas Contract with Russia

Belgrade, Feb 23 (Prensa Latina) Serbiagaz CEO Dusan Bajatovic said that his country plans to start negotiations with Russia's Gazprom on a new 10-year gas cont…

Natural Gas

Natural Gas Production Rises 12% In January

Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022

Natural Gas

Russia Sanctions Could Cause Sudden Spike in Gas Prices

Experts say gas prices could spike by as much as $1 by next week. If the conflict overseas drags out, prices could spike to $5 per gallon.

Oil Price

Natural Gas Prices Hit Record High In China

Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply.

Oil Price

Oil Rises as Ukraine Issues State of Emergency, Suffers Cyber Attacks

Oil prices reversed earlier losses on Wednesday, rising on reports that Ukraine’s government, foreign ministry and state security service were affected by a cy…

Oil Price

Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough

Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks.