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OPEC
Putin Calls Saudi Crown Prince to Discuss Oil Market, OPEC+
Putin and MBS discuss OPEC+ and oil markets in phone call.
United States
Conocophillips Considers Exiting U.S. Gulf of Mexico
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the e…
Austria
OMV: Gazprom Seen Delivering 50% Of Agreed Gas Volume on Thursday
Austrian oil and gas group OMV said Russia's Gazprom is expected to deliver roughly 50% of their agreed gas volume on Thursday, returning to a level seen before…
Energy Giants Pen $4BN Algeria Oil and Gas Contract
The contract that will last more than two decades will see companies increase oil and gas production in Eastern Algeria fields.
Natural Gas
Gazprom Preparing to Restart Flows to Europe Thursday
With Europe on edge over the possibility that Russia will cut off gas flows, new grid data now shows that orders via the Nord Stream 1 pipeline have been made f…
United States
US Extends LPG Exports to Venezuela
The US Treasury Department has extended an authorisation for US LPG exports to Venezuela until 12 July 2023.
Oil & Gas Supply
IEA: “Europe Set to Face Supply Disruptions in Winter, Even With Gas Storage at 90%”
Dr Fatih Birol has said Europe needs to reduce its current gas consumption further to prepare for a “tough” winter
Crude Oil
UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting
London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over…
Oil Price
Oil Rallies on Supply Fears and Tight Market
A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices
Coal Mine
Is Water From Disused Coal Mines the Best Alternative to Gas Boilers?
A £450k project will explore whether mine water from disused coal mines could be used to heat homes and schools
United Kingdom
UK Stumps up Another £2MN for Yemen’s Floating Oil Threat
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Natural Gas
Europe to Ration Gas if Nord Stream Stays Shut, Ineos Says
Europe will need to ration natural gas to meet winter heating demand if the Nord Stream pipeline doesn’t restart after planned maintenance, according to Ineos …
Gas Turbine
Gazprom Asks Siemens to Provide Papers on Gas Turbine Return
The company has said it expects Siemens to fulfill its obligation on the repair of gas turbine engines
Ukraine
Eastbound Gas Flows via Yamal-Europe Pipeline Edge Higher
Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged higher, data from pipeline operator Gascade showed on Monday.
Crude Oil
Iran Raises Aug Crude Oil Prices to Asia
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…
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