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Oil Price
Bezos Slams Biden’s Call For Gasoline Stations to Cut Prices
Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies r…
Oil Refinery
Production at Venezuela’s Largest Refinery Hit by Blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault tha…
Oil Refinery
Strike Ends at Exxon Refinery in France
A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company sai…
Global Energy Security at Risk as Recoverable Oil Drops
Global recoverable oil is estimated at 1.57 trillion barrels, 9% down from last year.
Natural Gas
What Is Renewable Natural Gas?
Renewable natural gas comes from a number of sources and goes by different names. Sustainable natural gas, biomethane, and biogas are all types of renewable nat…
LNG
Germany’s Energy Future
Few could have predicted the seismic changes to Germany’s energy policy over the past six months.
The G7 Has Paved the Way for Increased Oil and Gas Spending
G7 nations have acknowledged the need for increased investment in foreign gas projects.
Natural Gas
IEA: Europe Will Have to Cut Gas Usage By Nearly One-Third
In the first quarter of next year, the countries of the European Union will have to cut their usage of natural gas by up to 30% in preparation for a complete st…
LNG
Germany, Canada in Talks Over LNG Terminal for Export to Europe
Germany is in talks with Canada over options to export liquefied natural gas (LNG) to Europe via a terminal on Canada's east coast
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
OPEC
OPEC Boosts Oil Income in 2021, Well Completions Drop
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a mod…
Crude Oil
Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output
Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he ha…
OPEC
OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
United Kingdom
UK’s Electricity Market Braces for the Biggest Shake-up of the Last 30 Years
The government is considering cutting the link between electricity and gas prices
LNG
Carbon-Neutral Liquefied Natural Gas: Is It Possible?
Companies seeking to preserve the importance of natural gas in the energy transition are embracing carbon-free liquefied natural gas (LNG).
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