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LNG
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
United Kingdom
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Natural Gas
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…
Oil Price
Guyana Looks to Attract New Players in Upcoming Oil Tender
Guyana's President Ali hopes that new players in Guyana will add diversification.
Oil Price
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Natural Gas
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …
Natural Gas
Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs
Oil Refinery
NTPC, IndianOil Partner to Form JV for Renewable Energy
IndianOil plans to supply the additional power requirements of its refineries with RE by December 2024.
Record Profits Could Convince Oil Majors to Hike Dividends
Strong up-and-downstream performance make for strong big oil earnings expectations.
Crude Oil
Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.
Brillouin Energy Demonstrates High-Tech Boiler That Can Pave the Way to a Clean Energy Future
Brillouin Energy Corp will demonstrate publicly at ICCF24 a revolutionary new high-tech boiler system that can help the world transition from fossil fuel energy…
Germany
German Government ‘Likely to Face Legal Challenges to Gas Rationing’
Law experts suggest some German businesses see gas rationing as a “nightmare scenario”
Natural Gas
UK Greenlights Centrica’s Gigantic Gas Storage Site
The move is believed to be the first stage of the potential reopening of the UK’s largest gas storage facility
Natural Gas
Natural Gas and Hydrogen Highlight the Revamped German - Egyptian Relationship
On the occasion of the Petersberg Climate Dialogue, launched in 2010, after the Copenhagen Climate Change Conference and held annually ever since, President el …
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