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LNG
Shell to Exit Russia After Ukraine Invasion, Joining BP
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…
Oil & Gas Supply
Repairs and Protests Halt 480,000 Bpd of Iraqi Oil Output
Iraq has halted over a tenth of its oil output due to maintenance and protests, in a further blow to the already tight global supply at a time of rising demand …
Oil Price
West Still Reluctant to Target Russian Energy on Economy Fears
Global governments remain reluctant for now to sanction Russian energy, seeking to insulate the world economy from a greater shock even as they tighten the fina…
Russian Federation
Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy
President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Electricity Transmission
Xinjiang's Electricity Transmission Volume Tops 500B kWh
Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …
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…
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 …
Natural Gas
Germany Halts Gas Pipeline, Predicts Russia Will Lose Other Energy Customers over Ukraine
Germany’s vice chancellor said Thursday that Russia’s attack on Ukraine is “completely illogical” and will backfire, causing western nations to stop buying …
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Hydrogen Production
What will the UK’s 1GW Hydrogen Hub Look like?
Vertex Hydrogen, a joint venture between Essar Oil UK and Progressive Energy, last month (January 2022) said it will develop what it believes to be the UK’s la…
China
China's Major Shale Gas Field Adds 19 New Wells
The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 mi…
Hydrogen Storage
World's Largest Liquid Hydrogen Storage Sphere Nears Completion for NASA
NASA's newest liquid hydrogen storage sphere is slated to become the world's largest liquid hydrogen storage unit when it comes online by this summer.
Hydropower Plant
Hydro Production Likely to Rise in Pacific Northwest, EIA Says
With “mixed water supply conditions” in the Pacific Northwest, hydroelectric production should rise in 2022.
Floating Solar Project
G8 Developing 65 MW Floating Solar at Hydro Project in West Africa
Singapore-based G8 Subsea has been awarded an agreement by a power authority in West Africa to install a full turnkey 65 MW system floating solar system at a hy…
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