Gas

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.

Coal Gasification

B&W Environmental Awarded Contract to Reduce Environmental Impact of Power Plant Ash

Babcock & Wilcox (B&W) has announced that its B&W Environmental segment has been awarded a contract for approximately US$13 million to design and supply equipme…

LNG

Pakistan to Penalise Defaulting LNG Supplier

Pakistan LNG Limited (PLL) has made up its mind to impose a monetary penalty on Italy based LNG term supplier ENI, which is the 30 percent of the term cargo.

Natural Gas

Hydrogen Generation Could Become a $1 Trillion Per Year Market, Goldman Sachs Says

Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to …

United States

U.S. Slaps Sanctions on Company Building Russia's Nord Stream 2 Pipeline

The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline.

Energy Transition

Australia's APA Confident of Gas in Energy Transition

Australian energy infrastructure firm APA remains confident in the role gas plays in the energy transition as a number of the country's coal-fired power plants …

Net Zero Emission

Are Europe's Leading Banks Flouting Net-Zero Pledges?

Scores of Europe's leading banks have been accused of continuing to flout advice from climate scientists and economists by pumping tens of billions of dollars i…

Oil Price

Average Gas Prices Climb for the 8th Week in a Row

Average gas prices in the U.S. have climbed for the eighth consecutive week.

Oil Price

Oil Prices Could Jump by $20 if Ukraine Crisis Worsens, Warns BofA

Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research s…