U.S. Crude Stocks Barely Budge as Gasoline Inventories Fall
Crude oil inventories in the United States saw an increase of 100,000 barrels during the week ending August 21, according to new data from the …
Read Full ArticleNatural Gas, Not Oil, Is Key Inflation Concern in Europe
Soaring energy prices have rekindled inflation fears in Europe since the Iran war disrupted oil and gas flows, but policy makers and bond markets appear …
Read Full ArticleIndia’s ONGC Targets Tenfold Oil Output Boost in Venezuela
India’s state-owned Oil and Natural Gas Corporation (ONGC) plans to invest about $200 million to revive production at the San Cristobal oilfield in Venezuela, which …
Read Full ArticleCIA Director’s Surprise Moscow Trip Raises Questions Over Iran and Ukraine
CIA Director John Ratcliffe made an unannounced visit to Moscow on August 25, US officials confirmed to RFE/RL, a rare trip that comes as Washington's …
Read Full ArticleUK Energy Bills to Hit Three-Year High as Gas Prices Surge
UK energy bills are set for a three-year high at the beginning of the winter, as higher gas prices due to the Iran war have …
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Aker BP begins production from Skarv Satellites in Norwegian Sea
Aker BP has commenced production from the Skarv Satellite Project in the Norwegian Sea, bringing the Alve Nord, Idun Nord and Ørn fields online one …
Read Full ArticleIndia’s Russian Oil Imports Slide From Record High as Supply Tightens
India’s crude oil imports from Russia have eased so far this month from July’s record high, as Ukrainian attacks on Russian export infrastructure and competition …
Read Full ArticleQatar Loses $24 Billion as LNG Exports Collapse 96%
Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 …
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Electrifying offshore: what is slowing rig electrification?
Energy Technology’s new episode asks why electrification of offshore oil and gas assets has been slow, despite offering decarbonisation wins.
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Equinor starts production at Troll phase three, stage two in North Sea
Equinor has begun production from the Troll Phase 3 stage 2 subsea project in the Norwegian North Sea, bringing additional gas to the Troll A …
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Gunvor considers acquiring Silver Hill gas assets for up to $1.5bn
Gunvor, a Swiss-based commodities trader, is in early-stage talks to acquire natural gas-producing assets in Texas and Louisiana from US-based Silver Hill Energy Partners for …
Read Full ArticleHormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor
Vessel traffic at the Strait of Hormuz remains well below recent averages as Iran and Oman discuss a temporary shipping corridor in the key chokepoint …
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