Gas

Crude Oil

OPEC+ Set To Continue With 400,000 Bpd Production Increase

The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day in March

Crude Oil

Guyana’s Oil Production To Increase Three-Fold Next Month

Exxon plans to begin oil production from a second platform offshore Guyana next month

Crude Oil

Ice Brent Crude at $90/bl

Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.

LNG

Thailand Imports more LNG in December

Thailand's December 2021 LNG imports rose on the month and on the year, likely as domestic gas production continued to fall.

Crude Oil

U.S. Releases Another 13.4 Million Barrels From SPR

The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No…

Crude Oil

Peru Warns Repsol Over Oil Spill

A suspension of Repsol's refinery is among the punitive measures that Peru is considering in response to a damaging oil spill last week.

Nuclear Power Plant

World First for Nuclear-Powered Pink Hydrogen As Commercial Deal Signed in Sweden

Industrial gases giant Linde to buy an undisclosed amount of the H2 produced at the Oskarshamn atomic power station owned by Uniper and Fortum

Natural Gas

Saudi Arabia’s Gas Production Hits Record-High

Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020

Oil&Gas Drilling

Shell Makes Significant Oil & Gas Discovery Offshore Namibia

Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year.

Nuclear Power Plant

EU Takes Heat for Labeling Gas and Nuclear Power Plants As “Green” Energy

The European Commission has been told by a key expert group that planned adjustments to its green rulebook risk raising greenhouse gas emissions and undermining…

Oil Price

Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price

Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…

Oil Refinery

Japan’s Eneos to Close Wakayama Oil Refinery on Falling Demand

Japan’s Eneos Holdings Inc. will close one of its oil refineries next year due to falling domestic demand and the shift away from fossil fuels.

Hydrogen Project

Toray Developing Polymeric Separation Hydrogen Technology to Enable the Generation of High-Purity Hydrogen

A new innovative high polymeric separation hydrogen permeation membrane module will allow for a more effective hydrogen purification process from mixed gases.

Natural Gas

Texas Natural Gas Production Falls as Freezing Weather Sets in

Texas natural gas production dropped for the second time this month because of freezing temperatures settling over the state.

Energy Security

Turkey Imposes Industry Blackouts Amid Gas Shortage

Power deliveries to Turkey's industry will be forcibly cut this week because of insufficient gas supply.