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Oil & Gas Supply

Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis

Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

Natural Gas

Is Hydrogen a Better Bridge Fuel Than Natural Gas?

With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage.

Carbon Neutral

UK Pledges to ‘Build Its Greenest Road Ever Built’

National Highways said it will use the Lower Thames Crossing project as ‘carbon-neutral’ construction pathfinder.

Natural Gas

Germany Plan to Construct Two Liquefied Natural Gas Terminals

Germany will construct two liquefied natural gas (LNG) terminals, German Chancellor Olaf Scholz said on Sunday, pledging to do more to protect Germany’s energy…

LNG

U.S. Gas Advances as Russia Sanctions May Boost Demand for LNG

U.S. natural gas futures advanced on the prospect of higher overseas demand after Western nations imposed tighter sanctions to isolate Russia, one of the world…

Natural Gas

Saudi Arabia Discovers Natural Gas in Different Locations

Saudi Aramco, the world’s largest oil-exporting company, has discovered a number of new natural gas fields in different regions of the country, according to th…

Nuclear Power Plant

IAEA Calls Extraordinary Meeting to Discuss Ukraine Nuclear Safety

​The International Atomic Energy Agency on Sunday said it was calling an extraordinary meeting of its board of governors next week "to discuss the current situ…

LNG

Nuclear, Coal, LNG: ‘No Taboos’ in Germany’s Energy About-Face

Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut depende…

Oil Price

Oil Surges on Russia Nuclear Alert as Sanctions Intensify

Oil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high alert in the face of …

OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data

OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…

Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project

Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in r…

Electric Vehicle Charging

Siemens Unveils Easy-to-Deploy EV Charging Concept

Siemens Smart Infrastructure has unveiled a new sustainable, EV charging concept structure designed for electrifying fleets and high demand charging application…

United States

Progress on Iran Nuclear Deal, but Tough Issues Remain

Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…

Offshore Wind Power

U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…

United Kingdom

Shell Faces U.K. Showdown Over Impact of ‘Cataclysmic’ Oil Spill

A group of Nigerians want a trial against Royal Dutch Shell Plc in the U.K. for what they allege was a “cataclysmic” oil spill that wreaked havoc on their com…