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Natural Gas Futures Slide 6% On Weaker Than Expected Demand

Natural Gas Futures Slide 6% On Weaker Than Expected Demand

Oct 03, 2022 at 09:58 | Alex Kimani

Natural gas prices have continued falling with natural gas futures adding to their losses in early trading Monday as the markets fret over receding domestic…

Kazakhstan Pins Wave Of Cyberattacks On Foreign Actors

Kazakhstan Pins Wave Of Cyberattacks On Foreign Actors

Oct 03, 2022 at 08:51 | Eurasianet

Kazakhstan has for the past week been on the receiving end of a wave of cyberattacks that IT experts say have slowed down internet connections across the country.…

The EU Could Agree On A Russian Oil Price Cap Today

The EU Could Agree On A Russian Oil Price Cap Today

Oct 03, 2022 at 08:19 | Michael Kern

The European Union could reach an agreement to back a price cap on Russian oil and more sanctions against Russia as soon as Monday, the Polish representative to the EU…

There Is A “Significant Risk” Of Gas Shortages In The UK This Winter

There Is A “Significant Risk” Of Gas Shortages In The UK This Winter

Oct 03, 2022 at 08:14 | Tsvetana Paraskova

There is a “significant” risk of shortages in gas supply in the UK this winter, its energy regulator has warned, raising the prospect of power outages in the coming months.…

Norway Deploys Soldiers To Guard Oil And Gas Assets After Nord Stream Sabotage

Norway Deploys Soldiers To Guard Oil And Gas Assets After Nord Stream Sabotage

Oct 03, 2022 at 06:47 | Tsvetana Paraskova

Norway is posting soldiers from its Home Guard to protect energy infrastructure as Western Europe's largest oil and gas producer, and its Scandinavian neighbors are increasing security following the suspected…

Eni In Talks With Gazprom To Restart Russian Gas Supply

Eni In Talks With Gazprom To Restart Russian Gas Supply

Oct 03, 2022 at 06:39 | Tsvetana Paraskova

Italian energy major Eni, the largest importer of Russian gas in Italy, is in talks with Gazprom and plans to discuss options to restore supply to Italy, which was halted…

Refiners Expect Saudi Arabia To Raise Oil Prices For Asia In November

Refiners Expect Saudi Arabia To Raise Oil Prices For Asia In November

Oct 03, 2022 at 01:48 | Charles Kennedy

Saudi Arabia may raise the prices for its crude export grades to Asia next month in response to signs of recovering crude demand in one of its biggest markets and…

Eni Sounds The Alarm Over Further Russian Gas Disruptions

Eni Sounds The Alarm Over Further Russian Gas Disruptions

Oct 03, 2022 at 01:03 | Irina Slav

Italy’s Eni this weekend said it had not received any of the natural gas contracted for delivery with Russia’s Gazprom for either Saturday or Sunday and warned this could…

Gas Stations in France Running On Empty As Strikes Enter Fourth Day

Gas Stations in France Running On Empty As Strikes Enter Fourth Day

Sep 30, 2022 at 12:37 | Julianne Geiger

Diesel and petrol stations in France are running out of fuel, according to an industry union, as a refining strike takes its toll. Stations around the le Havre and Lyon…

OPEC Raises Oil Production To Highest Level In Years

OPEC Raises Oil Production To Highest Level In Years

Sep 30, 2022 at 12:07 | Julianne Geiger

OPEC raised its September crude oil production to the highest level since 2020, a Reuters survey found on Friday—yet failed to meet its September quota. OPEC’s production for September came…

U.S. Only Lifted Oil Production By 12,000 Bpd In July

U.S. Only Lifted Oil Production By 12,000 Bpd In July

Sep 30, 2022 at 11:35 | Julianne Geiger

The United States increased its crude oil production in July by an average of just 12,000 barrels per day, according to the latest monthly data published by the Energy Information…

Exxon Tells U.S. Administration Fuel Export Curbs Will Raise Gasoline Prices

Exxon Tells U.S. Administration Fuel Export Curbs Will Raise Gasoline Prices

Sep 30, 2022 at 10:21 | Charles Kennedy

The Biden Administration’s calls for U.S. refiners to limit their fuel exports would only lead to a more severe crunch overseas which will push crude oil prices and gasoline prices…

EU Plans More Sanctions Against Russia

EU Plans More Sanctions Against Russia

Sep 30, 2022 at 09:32 | Tsvetana Paraskova

The European Union is preparing the eighth round of sanctions against Russia as Moscow escalated its war in Ukraine by holding illegal referendums in four Ukrainian regions, which Putin is…

China's Largest Fuel Export Quota Of 2022 Could Spark Oil Demand Growth

China's Largest Fuel Export Quota Of 2022 Could Spark Oil Demand Growth

Sep 30, 2022 at 06:47 | Tsvetana Paraskova

Global oil demand could soon pick up pace after the world’s top crude oil importer, China, issued its biggest fuel export quotas to its refiners for this year.   Chinese…

Activist Investor: Shell Must Do More To Curb Emissions

Activist Investor: Shell Must Do More To Curb Emissions

Sep 30, 2022 at 04:10 | Charles Kennedy

An expected drop in Shell’s net greenhouse gas emissions is not aligned with the Paris Agreement and with a Dutch court order for the now UK-based supermajor to slash emissions…

Germany’s Energy Supply Situation Is ‘Extremely Tense’

Germany’s Energy Supply Situation Is ‘Extremely Tense’

Sep 30, 2022 at 03:17 | Tsvetana Paraskova

Germany is currently in an “extremely tense situation” in terms of energy supply, Economy Minister Robert Habeck said on Friday, adding that Europe’s biggest economy still risks running out of…

Russian Oil And Fuel Exports Slump In September

Russian Oil And Fuel Exports Slump In September

Sep 30, 2022 at 02:24 | Charles Kennedy

Russian exports of crude oil and refined products declined substantially in September, according to Petro-Logistics data cited by UBS commodity analyst Giovanni Staunovo. According to Petro-Logistics, total Russian crude oil…

TurkStream Pipeline Has License Revoked As New Sanctions Come Into Effect

TurkStream Pipeline Has License Revoked As New Sanctions Come Into Effect

Sep 30, 2022 at 01:04 | Irina Slav

Dutch authorities have withdrawn the export license of the company operating the TurkStream gas pipeline from Russia to Turkey, the company, which is based in the Netherlands, said. South Stream…

Kremlin Calls Nord Stream Attacks State-Sponsored “Terrorism”

Kremlin Calls Nord Stream Attacks State-Sponsored “Terrorism”

Sep 29, 2022 at 12:49 | Alex Kimani

Four days after leaks spewing gas into the Baltic Sea were first spotted, Russia is blaming the incident on state-sponsored "terrorism”. 

U.S. Planning New Sanctions On Iran’s Oil Sales

U.S. Planning New Sanctions On Iran’s Oil Sales

Sep 29, 2022 at 12:32 | Julianne Geiger

The United States is planning to announce new sanctions on Iran’s oil sales as early as today, according to a tweet by Bloomberg TV’s Annmarie Hordern. “The sanctions will focus…

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