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Oil
China
China's Major Shale Gas Field Adds 19 New Wells
The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 mi…
Oil Price
Japan, Australia Monitoring Oil Market for Impact from Ukraine Conflict
Japan and Australia said on Thursday they were closely watching oil prices for any impact from hostilities in Ukraine, with Australia saying it was prepared to …
United Kingdom
UK Advisers Urge Tougher Climate Tests on New Oil and Gas Projects
Ending new UK oil and gas production is credible and would send a clear signal to the world that the country is serious about meeting global temperature goals, …
Natural Gas
The US and Germany Have Now Both Targeted Nord Stream 2 to Punish Russia. Here's Why the Pipeline Is So Important
In the wake of Germany suspending the Nord Stream 2 project, the United States has now imposed sanctions on the company in charge of the natural gas pipeline.
Oil Price
Stocks Dive, Oil Surges as Russia Invades Ukraine
Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the …
Oil & Gas Supply
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s…
Crude Oil
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…
Natural Gas
Serbia to Sign Long-Term Gas Contract with Russia
Belgrade, Feb 23 (Prensa Latina) Serbiagaz CEO Dusan Bajatovic said that his country plans to start negotiations with Russia's Gazprom on a new 10-year gas cont…
Natural Gas
Natural Gas Production Rises 12% In January
Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022
Oil Price
Natural Gas Prices Hit Record High In China
Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply.
Oil Price
Oil Rises as Ukraine Issues State of Emergency, Suffers Cyber Attacks
Oil prices reversed earlier losses on Wednesday, rising on reports that Ukraine’s government, foreign ministry and state security service were affected by a cy…
Oil Price
Oil Price Set to Test Fresh Peaks Barring Iran Breakthrough
Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks.
LNG
Pakistan to Penalise Defaulting LNG Supplier
Pakistan LNG Limited (PLL) has made up its mind to impose a monetary penalty on Italy based LNG term supplier ENI, which is the 30 percent of the term cargo.
United States
U.S. Slaps Sanctions on Company Building Russia's Nord Stream 2 Pipeline
The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline.
Energy Transition
Australia's APA Confident of Gas in Energy Transition
Australian energy infrastructure firm APA remains confident in the role gas plays in the energy transition as a number of the country's coal-fired power plants …
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