Natural gas

LNG

Soaring LNG Demand Creates Traffic Jam at Gulf of Mexico Ports

Gulf Coast liquefaction facilities are operating near capacity thanks to strong demand.

Crude Oil

The World Could See a Record-Breaking Oil Supply Shock

IEA: market could lose around 3 million bpd of supply from Russia starting in April.

Natural Gas

Average San Diego County Gas Price Rises for 22nd Consecutive Day

The average price of a gallon of self-serve regular gasoline in San Diego County rose Wednesday for the 22nd consecutive day, increasing 3.3 cents to a record $…

Oil & Gas Supply

US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA

The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th…

Natural Gas

Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia

Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…

Natural Gas

IOG Starts Gas Production from Another Saturn Banks Field

UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project.

Natural Gas

QatarEnergy Kicks-off Operations at Key Barzan Gas Plant

QatarEnergy has kicked-off operations from its Barzan gas plant in the Ras Laffan Industrial City, to handle production from its giant North Field development.

Natural Gas

Petrobras Nears Agreement to Sell Bolivia-Brazil Gas Pipeline to EIG

EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.

Natural Gas

Thai PTTEP to Take Over Myanmar Offshore Gas Field Ops After TotalEnergies' Exit

Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following th…

LNG

Biden Administration Approves More LNG Exports to Europe

The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast.

Natural Gas

US Gas Exports Can ‘Easily’ Replace Russian

The global energy market has been suddenly upended by Russia’s invasion of Ukraine, but one energy boss says the US could step in and help shore up global supp…

Natural Gas

Energean Inks Gas Supply Deal with Largest Israeli Buyer

London-listed E&P company Energean has signed a gas supply agreement with the Israel Electric Company (IEC), the largest Israeli buyer of natural gas, marking a…

Natural Gas

Greece to Launch New Gas Trading Hub on March 21

A new Greek natural gas trading platform will go live on March 21, enhancing interconnectivity and supply security in the region amid volatility on global marke…

Oil Price

Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control

Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index is directly related to t…

Oil Shale

US Shale Still Finding Footing amid Market Chaos

US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…