Oil

Crude Oil

West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia

Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…

Iran

Iraq in Need of Iranian Gas for Years: Iraqi Official

Iraqi Minister of Electricity Adel Karim has underlined that Iraq has not struck a deal with the littoral states of the Persian Gulf; thus, Baghdad requires gas…

Crude Oil

Oil Rises as Uncertainty Around Supply Persists

Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…

Natural Gas

Why Renewables Can’t Solve Europe's Energy Crisis

Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but the Russia-Ukraine conflict has highlighted the shortcomings of ren…

Oil Price

How Biden’s Huge Strategic Oil Release Could Backfire

President Biden’s huge SPR release announcement has pushed WTI prices back below $100.

Natural Gas

High Natural Gas Prices Could Lift Green Hydrogen Investment

Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.

Natural Gas

In Russia-Europe Gas Standoff, Both Sides Lose

Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges "unfriendly" unles…

Natural Gas

US LNG Exports Surge 16% amid Higher Demand From Europe

US liquefied natural gas exports rose nearly 16 per cent last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continui…

Natural Gas

Russia's Gazprom Says Gas Exports to Europe via Ukraine Continue

Russian state-owned energy giant Gazprom said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European cons…

Oil Shale

China's Major Shale Gas Field Records Output Growth in Q1

The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.…

Oil Price

IEA to Release New Emergency Oil Stock to Curb Market Turmoil

The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…

Natural Gas

Gas Power Outlook: Volatility and Viability

Natural gas generation’s future hinges on a precarious and exceptionally volatile set of issues that the conflict in Ukraine intensified.

Oil Price

Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices

President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…

Electric Car

Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs

Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…

Crude Oil

U.S. Issues Formal Notice of Record Sale of Oil From Reserve

The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…