Rice

United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
LNG
Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project
Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…
Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
Crude Oil
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "…
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Natural Gas
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
Crude Oil
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial …
Natural Gas
German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limit…
Crude Oil
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…
Crude Oil
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of cru…
Crude Oil
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
Oil Price
Oil Edges Lower as Supply Disruption Concerns Ease
Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evid…
Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…

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Rice

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

Europe’s Power Prices Surge to New Record

Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project

India Buys Discounted Venezuelan Petcoke to Replace Coal

Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View

Europe’s Efforts to Shield Households From Soaring Energy Costs

Heatwave Sends European Gas Prices Higher

It’s Time for an Oil and Gas Boom in Africa

German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy

Saudi Aramco Profit Soars on Higher Prices and Refining Margins

Gulf Of Mexico Oil Outages Balloon Beyond Shell

IEA Sees Higher Oil Demand This Year

Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA

Oil Edges Lower as Supply Disruption Concerns Ease

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022