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Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re
Oil & Gas
French Energy Giants Urge Consumers to Cut Energy Use
The heads of France's big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy c
Oil & Gas
EU and Norway Step Up Co-Operation to Ensure Additional Gas Supplies
Norway is the biggest producer of oil and gas in Europe, delivering around one-fourth of EU countries’ gas consumption and significantly contributing to Europe
Oil & Gas
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro
Oil & Gas
“Nord Stream Reductions Will Increase Energy Prices Further”
Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.
Coal
Europe May Shift Back to Coal as Russia Turns Down Gas Flows
Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that t
Coal
Netherlands to Burn More Coal to Conserve Gas
The Netherlands will ease its current restrictions on coal-fired power plants.
Oil & Gas
Egypt to Supply Natural Gas to Lebanon With 20 Year Old Arab Pipeline
After months of deliberation and delays Lebanon will sign a final agreement to import yearly 650 cubic meters of natural gas from Egypt to its energy poor count
Oil & Gas
Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply
Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restr
Energy Economy
Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
Oil & Gas
Israel Signs Deal to Export Natural Gas to EU
The MoU also require the parties to reduce emissions.
Oil & Gas
EU Sees a New Energy Future for Europe
Russian gas is increasingly being shunned and the EU has declared that it envisions a future without the Kremlin's primary bread-winner: natural gas.
Hydrogen
World’s Largest Hydrogen Fuel Blending Project Completed
Mitsubishi Power and Georgia Power, along with the Electric Power Research Institute, have validated fuel blending of hydrogen and natural gas at both partial a
Wind Power
Reflections on the UK’s Energy Strategy
After Ofgem announced a 54% hike to energy price cap which took effect on April 1, the sound of the UK Government’s new energy strategy landing on desks acro
Energy Economy
Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas fie
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