Oil

Crude Oil

Shell Defends 'Difficult' Decision to Buy Russian Crude Oil

Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine.

LNG

Ukraine Will Import Gas From Poland From March 6

Ukraine from March 6 will be able to import gas from Poland, including gas from Polish LNG terminals, Ukrainian state-run gas transit system operator said on Sa…

Crude Oil

Treasury Department Assures Wall Street It Can Still Trade Russian Oil and Gas

The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas.

Natural Gas

Space Heating Without Oil, Gas Feasible in Germany by 2035, Says Study

Europe’s declining security situation and rising fossil fuel prices are driving calls for independence from gas.

Natural Gas

Ukraine Is Stopping Exports, but Not Transit of Natural Gas

Ukraine has stopped exporting natural gas since midnight, the Ukrainian news agency Ukrinform reported, citing a statement from the Ukrainian gas operator.

Natural Gas

Russia: Gas Pipeline to China Still Proceeding

Russia’s Gazprom said it is still actively working on the Soyuz Vostok pipeline that would ship natural gas to Mongolia.During a working meeting between A…

Crude Oil

Japan to Release 7.5 Mil Barrels Oil From Private Reserves in IEA's Joint Efforts

Japan expects to release 7.5 million barrels of oil from privately held reserves.

Oil Price

Petrol, Diesel Price Hikes Expected to Restart from Next Week

Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices s…

Natural Gas

No Challenge in Selling from Russian Oilfields, Says ONGC

Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…

Natural Gas

L.A. Gas Price Average Surges Past $5, a Record High

Ellina Abovian reports for the KTLA 5 Morning News at 11 on March 3, 2022.

Natural Gas

Gas Prices in Europe Hit Record High Amid Supply Concerns

The gas price at the Dutch TTF hub, the benchmark gas price for Europe, jumped early on Thursday in Amsterdam to trade at $221.

Natural Gas

New Pipelines Carrying Natural Gas Plant Liquids Increase Natural Gas Processing

Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas pro…

LNG

Japan’s Niihama LNG Terminal Starts Operations

Japanese joint venture Niihama LNG has launched terminal operations, starting with an LNG delivery to Japanese firm Sumitomo Chemical for use as a feedstock and…

Crude Oil

Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas

The US is way off track from meeting clean energy goals.

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…