As the EU works to rebalance its gas supply away from Russia, African countries are expected to gain a larger share of the bloc’s liquefied natural gas (LNG)…
GAS Feed Atom
Europe has not made enough progress in locking in long-term contracts for liquefied natural gas (LNG) as an alternative to Russian pipeline supply, which may prove costly…
The SeaPad logistics platform is located 105km off Assaluyeh, which is tasked with providing logistic and operational support to 18 South Pars platforms that totally produce 350…
The European Commission will extend its gas price cap system to all trading hubs in the European Union from May to prevent potential distortions to Europe’s energy…
The National Iranian Oil Company (NIOC) managing director here on Wednesday said gas production in South Pars (SP) Phase 11 will begin this year.
QatarEnergy said on Wednesday it signed a deal for stakes in two of ExxonMobil’s (XOM.N) offshore explorations in Canada as the Qatari state-owned firm builds up its global energy…
Ongoing tensions between Russia and the West has prompted the European Union to find alternatives to its gas imports from Russia for developing its LNG imports capacity.
In 2008, Turkey’s Ministry of Foreign Affairs unveiled the country’s national energy strategy, and for the first time in that document, it talked about Turkey is becoming…
The European Union is looking into allowing member states to prevent Russian LNG exporters from booking capacity at import facilities.
The proposal would mean…
The Russia-Ukraine tension is weighing heavy on the global energy market. December 2022 gas production was down 5% in the European Union and up 6% in China….
EU politicians are cozying up to African countries as they look to secure new oil and gas supplies.
During a visit to Algeria earlier…
The Iranian Ministry of Petroleum’s Directorate of OPEC & Int’l Energy Fora has analyzed the latest edition of the Gas Exporting Countries Forum (GECF)’s 2050 Global Gas…
As natural gas prices in Europe fell to a 20-month low, industries are switching back to using gas in a tentative sign that European industrial gas demand…
LNG freight rates for Atlantic Basin spot LNG cargoes slid to below $50,000 per day on Thursday, the lowest level in over seven months, as natural gas…
Saudi Arabia’s state-owned oil producer posted record profits for 2022, up nearly 50% year/year, lifted by soaring oil and natural gas prices.
Saudi…
Iran counts on “huge volumes” of oil and gas swaps from Russia this year, Iranian Economy Minister Ehsan Khandouzi said in an interview with Russia’s RIA state…
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced…
The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set to expire in order to help the…
President Ebrahim Raeisi and Minister of Petroleum Javad Owji oversaw inauguration of oil projects worth $3.4 billion in Assaluyeh. Chief among them were the refinery of Phase…
Iraq imported some $1.97 billion worth of natural gas from Iran last year despite continued American pressure on the country to reduce its reliance on Iranian energy.