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Oil & Gas Supply
Oil & Gas
EU Launches Nine-Point Plan to Mitigate Global Energy Crisis
Bloc calls on individuals to turn down heating, share cars and use more public transport.
Oil & Gas
Russia Appears to Be Softening Its Gas-For-Rubles Demand, Easing Supply Risks to Europe — for Now
Russia appears to have walked back demands that European companies pay for gas supplies in rubles from Thursday, temporarily alleviating the risk of supply disr
Oil & Gas
German Gas Supply Concerns Mount for Coming Winter
Germany, which relies heavily on Russian gas, has major concerns over securing supplies for next winter and is doing all it can to secure alternatives, Minister
Oil & Gas
IEA Unveils 10-Point Plan to Cut Oil Supply Crunch
The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu
Oil & Gas
Europe Can Survive Throughout Summer Without Russian Gas
If Russian flows continue, the European Union (EU) and the UK will end this winter’s heating season with 27 billion cubic meters (bcm) of gas in storage.
Oil & Gas
US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA
The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th
Oil & Gas
Uganda’s Oil and Gas Prospects Expected to Improve in 2025
Increased sanctioning activity in African energy has resulted in growth in cumulative expenditure of $23 billion by 2025, according to the African Energy Chambe
Oil & Gas
India, Russia Discuss Ongoing & Potential Joint Energy Projects
India and Russia on last Friday held detailed dialogue on current and potential joint projects in the fuel and energy industry and probable mechanisms for trans
Oil & Gas
Iraq's Oil Supply Compatible with Global Demand
Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out the need to increase oil production.
Oil & Gas
G7 Energy Ministers Call on OPEC to Play 'Key Role' in Boosting Oil Supplies
G7 energy ministers on March 10 called on OPEC to "play a key role" in boosting oil supplies to international markets where production is not meeting full capac
Oil & Gas
European Oil and Gas Majors’ Exposure to Russia Is Limited
European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings
Oil & Gas
OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia
The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en
Oil & Gas
With Oil Market in Turmoil, Energy Execs Urge more Output, Security
Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat
Oil & Gas
Alberta Oil can be a Solution to U.S. Energy Supply Crunch
Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag
Oil & Gas
Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War
In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output.
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