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Natural Gas

Russia’s Crude Shipments Slump on Lower Arctic, Black Sea Flows

Russia’s seaborne crude exports plunged in the latest week, with the biggest decline since early July dragging down the four-week average.Weekly flows dropped …

Power Construction

Bangladesh Fast Tracks Payment To Adani Power After Supply Cut

Bangladesh is accelerating payment of more than $800 million it owes Adani Power (ADAN.NS), ahead of a Nov. 7 deadline set by the Indian company, which has cut …

Crude Oil

US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub

The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…

Power Construction

California Faces Risk of Power Cuts With Winds Boosting Fire Threat

California residents face power shutoffs this week as warm, dry winds sweep the state, threatening to tear down utility lines and spark wildfires.Edison Interna…

United States

Carb And Nation’s Leading Airlines Partner To Increase Saf Availability

California has reached an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable avia…

Natural Gas

Czechs buy gas from Algeria

PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it pursues its war on Ukraine, the CEZ power group …

Electricity Trade

The Rust Belt Is Becoming Ground Zero for the EV Charging Boom

As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …

Oil Price

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…

LNG

Exclusive: Blackstone In Talks To Buy US Pipeline Stakes From EQT For $3.5 Billion, Sources Say

Private equity firm Blackstone (BX.N), is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp (EQT.N), for ab…

LNG

I Squared Capital To Acquire Philippines Coastal Terminal

ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…

Oil & Gas Trade

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…

Hydrogen Project

Germany Approves $20.5 Billion Hydrogen Push

Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan w…

Oil Field

Chinese Giant Brings Another Oil Development Project Online in South China Sea

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…

LNG

Next Wave of LNG Supply Delayed to 2027 Due to Project Hold-Ups, Totalenergies Says

The next wave of liquefied natural gas (LNG) supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies…

Oil & Gas Trade

SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)

Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors o…