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Oil & Gas
U.S. Industrial Gas Producer Air Products Exits Russian Business
U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip
Oil & Gas
Italian Manufacturers Cut Output to Save Energy, Government Official Says
Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit
Oil & Gas
Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak
Oil & Gas
Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply
Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de
Oil & Gas
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on
Oil & Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
Energy Economy
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha
Oil & Gas
More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as
Oil & Gas
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
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
Oil & Gas
Germany Hits 75% Gas in Storage Goal Ahead of Schedule
Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe
Oil & 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.
Oil & Gas
Russian Gas Flows to Europe Stable
Warning signs are pictured in front of the gas compressor station, a part of Polish section of the Yamal pipeline that links Russia with western Europe which is
Energy Economy
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
Nuclear Power
Nuclear Power in Europe – Risk Versus Reward
As Europe comes to terms with its overreliance on Russian gas and looks at ways to secure supply for the coming winter, nuclear power, once considered to do mor
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Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025
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Rosatom Launches its First Additive Technologies Center in Moscow
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Russian Gas Via Yamal Pipeline Halts Flows to Germany
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Russian LUKOIL Proceeds with Filanovsky Field Phase Two Development