Oil

Natural Gas

Gas Prices Rise in Lehigh Valley

Taylor Family Fuel and Mini Marts is a gas station and convenience store located at 309 S New St. Lehigh Valley gas prices have been rising as the demand for oi…

Crude Oil

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets

The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…

Crude Oil

Saudi Arabia May Raise April Crude Prices to Asia to All-Time Highs

Top oil exporter Saudi Arabia may sharply hike prices of crude for Asia in April.

Natural Gas

New Realms for Gas Power Technology

Gas power technology developers are exploring new roles and applications to ensure gas power will remain relevant as power markets embrace decarbonization.

Natural Gas

U.S. Natural Gas Key to Mexico’s Power Buildout

Mexico wants to secure a greater supply of natural gas, including from the U.S., as the country continues to build more gas-fired power plants.

Nord Stream 2

ExxonMobil Joins Western Oil and Gas Company Exodus From Russia

US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.

Nord Stream 2

Nord Stream 2 Owner Considers Insolvency After Pipeline Halt and Sanctions

​The Swiss-based company that built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, sources said, as it tries to se…

Oil Price

Oil Prices Surge More Than 7% to Highest Since 2014

Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …

Crude Oil

Oil Production from Northeast India Expected at 6.85 mt in 4 years: HS Puri

The petroleum sector to play a crucial role in the North East region’s industrial growth.

Crude Oil

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…

GECF Launches Global Gas Outlook 2050

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, today publicly unveiled its annual GECF Global Gas Outlook…

Crude Oil

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…

Natural Gas

World Bank: There Will Be Alternatives to Russian Gas in Five Years

World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.

LNG

Germany Targets 100% Renewable Power Generation by 2035

Germany will target to have all its electricity provided by renewable energy sources by 2035.

Wind Farm

Shell Buys into Australian Wind Farm Developer with $4 bln Project Portfolio

Global oil and gas major Shell Plc has agreed to buy a 49% stake in wind farm developer WestWind Energy's Australian arm as it looks to build a low-carbon power…