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LNG

Germany to Build Its Own LNG Terminal

European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …

Natural Gas

Gas Price Side Effects On Southland Commuters

Across Southern California, drivers are fuming about the high cost of fuel the prices, which are pushing some people to the brink. KCAL9's Nicole Comstock spoke…

CNOOC

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field

Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…

Crude Oil

Africa: Nigeria to Maintain Top Positions As Africa's Biggest Oil Producer, Production to Peak in 2023 - Report

Nigeria will retain its number one position as Africa's biggest oil producer as well as maintain the top three gas suppliers on the continent between 2022 and 2…

Oil Exploration

Opportunities Still Exist in Kenya’s Oil, Gas Sector

Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…

Crude Oil

UK to Phase out Russian Oil Imports by End of 2022

The UK Government has announced plans to phase out oil imports from Russia by the end of 2022 in response to Vladimir Putin’s illegal invasion of Ukraine.

Oil Exploration

Oil and Gas Exploration is on The Rise In Africa

Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the co…

Oil & Gas Supply

With Oil Market in Turmoil, Energy Execs Urge more Output, Security

Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat…

Coal Mine

Australia Pushing Higher Coal Exports to Europe

Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free u…

Hydrogen Project

Asia Is Amongst ‘Most Attractive’ Region for Green Hydrogen Development

Asia, along with Europe, is amongst the most attractive region in terms of developing green hydrogen, Fitch Solutions reported.

Whiting Petroleum and Oasis Petroleum Sign $6bn Merger Deal

US-based shale producer Whiting Petroleum signed a merger deal with Oasis Petroleum to create a new enterprise, valued at approximately $6bn.

Oil Price

Crude Oil Jumps as much as 7% on U.S. Ban of Russian Imports, but Trades off Session Highs

Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the countr…

Oil Price

Ukraine Speeds Global Rush to Self-Sufficiency

Brexit, trade wars between the United States and China, and Covid-19 have dealt successive knocks to globalisation, and the war in Ukraine is doing fresh damage…

Oil & Gas Trade

Biden Announces Ban on Russian Oil, Gas Imports to US

President Joe Biden announced Tuesday morning that the US would ban imports of #oil, natural gas and coal from #Russia. The British government also announced it…

Natural Gas

Fixing Wind, Solar Permitting in EU to Help Reduce Russian Gas Imports

Speeding up wind and solar permitting, diversifying gas supplies and making the most of existing low-carbon energy sources are important steps to reduce the EU…