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ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle E…
United States
Explainer: Why the U.S. Inflation Reduction Act Has Europe up in Arms
Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington's huge new green energy subsidy packag…
EU
Emergency Call Services, Telcos Urge EU to Protect Telecoms Networks From Power Cuts
Europe's top telecoms operators and an emergency services lobby on Monday urged Brussels to shield mobile and fixed grids from power cuts, a letter reviewed by …
EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market
Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the compan…
Natural Gas
Eastward Gas Flows via Yamal-Europe Pipeline Fall to Zero
Eastbound gas flows through the Yamal-Europe pipeline to Poland from Germany fell to zero on Monday morning, while Russian supplies to Europe via Ukraine inched…
Carbon Emissions
U.S. Seeks to Limit Flaring and Methane Leaks from Public Lands Drilling
President Joe Biden's administration on Monday proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest mov…
Emissions Trading System
EEX Exchange to Host German Carbon Auctions for Another 3 Years
The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…
Oil Refinery
Talks Unsuccessful, Action at BP Rotterdam Refinery to Continue -Union
Talks on Monday between management and unions at the BP Rotterdam Refinery (BP.L) were not successful, a union spokesperson said, and labour actions at the larg…
Crude Oil
UAE Brings Forward Oil Production Capacity Expansion to 2027
The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…
Offshore Wind Power
UK Government Moves to Defuse Parliamentary Row over Onshore Wind
Britain's government sought on Monday to defuse a simmering row over a push by some Conservative lawmakers to make it easier to build onshore wind farms by sayi…
Natural Gas
Mexico's CFE Says to Work with Engie to Expand Pipeline in Yucatan Peninsula
Mexican state power utility CFE has signed an agreement with French energy company Engie to develop terms and requirements to expand the Mayakan gas pipeline in…
Natural Gas
Nord Stream Updates Russia-Germany Pipeline Outage End-Date to April Next Year
Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germ…
Crude Oil
Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access
Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…
Denmark
Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion
Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…
Crude Oil
UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources
Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…
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