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Natural gas
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Natural Gas
Why Overly Confident U.S. Drillers Ditched Their Hedges
Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.
Energy Transition
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Crude Oil
North America Leads $370 Billion Global Push for Oil & Gas Pipelines
Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Hydrogen Project
The UK Looks to Repurpose Natural Gas Infrastructure for Hydrogen
The UK is trialing the idea of repurposing natural gas infrastructure for hydrogen.
Natural Gas
Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…
Natural Gas
Nord Stream 1 Operator Says It Found Craters at Damaged Pipeline Site
The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage o…
LNG
Mitsubishi Power Partners With Damietta LNG to Enhance Power Supply Reliability and Availability
Mitsubishi Power has signed a long-term service agreement (LTSA) with Egyptian liquefied natural gas (LNG) producer Damietta LNG.
Crude Oil
Oil Shortage Forecasts Clash With Grim Economic Projections
Oil markets can’t seem to choose which direction to head.
Smart Grid
Illinois Regulators Approve US Utilities’ Smart Meter Data Collaboration
The Illinois Commerce Commission has approved a smart meter collaboration that enables Peoples Gas and North Shore Gas to securely transmit natural gas meter da…
CCS
GE Explores Carbon Capture at Combined Cycle Plants Across Asia
GE Gas Power has signed a Memorandum of Understanding (MoU) with Korean engineering firm DL E&C and its subsidiary CarbonCo to explore the integration of carbon…
Natural Gas
Bp Doubles Profits From Oil and Gas Prices
From July to September the company made $8.2bn
Hydrogen Production
Nikola, KeyState to Collaborate on Hydrogen Supply
Electric vehicle maker Nikola Corp said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state's first low-carbon hydrogen pr…
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