Oil

Oil Price

Gold, Oil Rise on Ukraine Crisis; U.S. Stocks End Flat

Oil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes fr…

Natural Gas

China's First Self-Run Deep-Sea Field Produces 1 Billion Cubic Meters of Natural Gas

The Shenhai-1, the first deep-sea gas field fully operated by a Chinese company, has produced over 1 billion cubic meters of natural gas, said the operator Chin…

Natural Gas

Natural Gas the Fuel for Sustainable Development: GECF Secretary General at EGYPS 2022

As the global population edges towards the 10 billion mark by 2050 and world GDP more than doubles, natural gas will continue to play a crucial role in alleviat…

The 28th World Gas Conference (WGC2022) Early Bird Registration Extended to 31 March 2022

The WGC2022 National Organizing Committee (NOC) has taken the decision to make a one-time extension of the Early Bird Registration for the 28th World Gas Confer…

Oil Price

Oil Steadies as Russia-Ukraine Tensions Cool

Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against …

Oil Price

Oil Drops Affter Russia Says Some Troops Returning to Bases

Oil fell after Russia said some troops are starting to return to their permanent bases, easing geopolitical tensions that have rallied prices.

Oil Pipeline

Concerns for UK Coastline as Eni Oil Pipeline Spills 500 Barrels into East Irish Sea

Concerns have been raised for the UK coastline after a 500-barrel oil spill into the East Irish Sea from a pipeline operated by Eni.

Crude Oil

Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output

Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…

Oil Price

Asia's Energy Markets Watching for Russia-Ukraine Fallout

Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.

Oil Price

China Petrol Shares Positive Start to Year of the Tiger

Chinese shares performed strongly on the first trading day of the Year of the Tiger, reversing the slumps before the Chinese New Year holiday.

Oil Price

Serbia Caps Fuel Retail Prices for 30 Days

Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…

Natural Gas

Thailand Could Brace Potential Gas Supply Shortage from Myanmar

The country is expected to rely on Laos for electricity supply.

Oil Price

Oil Falls on Profit-Taking, All Eyes on Russia, Ukraine

Oil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped, although losses were…

Crude Oil

Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View

Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.

Oil Price

‘A Very Scary Concept’: Energy Ministers Fearful of Oil Prices Surpassing $100 a Barrel

Energy ministers representing Egypt and Cyprus on Monday said they were deeply concerned about the potential for oil prices to climb above $100 a barrel.