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Month: June 2022

Category:
  • Ukraine

Ukraine Hits Oil, Gas Drilling Platforms Off Crimea, Russia Says

Ukrainian forces attacked on Monday offshore oil and gas drilling platforms in the Black Sea, the Russia-installed head of Crimea said. Gas production is temporarily halted from the platforms, but Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Russia Tightens Gas Grip as It Rejects Extra Ukraine Transit

WATCH: How to Price the Risk of Russia’s Tightening Grip on Gas Russia again tightened its grip on Europe’s natural gas supply, rejecting an offer from Ukraine to book more Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

Moscow fumes over EU blockade of Baltic outpost

Russia summoned the European Union’s ambassador in Moscow on Tuesday, fuming over a rail blockade that has halted shipments of many basic goods to a Russian outpost on the Baltic Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • United Kingdom

Biggest rail strike in 30 years brings UK to standstill

 Britain’s biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • Germany
  • LNG
  • USA

German Utility Signs Long-Term Deal to Buy LNG From the US

German utility EnBW Energie Baden-Wuerttemberg AG signed a long-term deal to purchase liquefied natural gas from a US exporter, becoming the latest European firm to procure American fuel in a Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise as tightening supply offsets global economic concerns

Oil prices rose on Monday in volatile trade, reversing earlier losses, as tightening supplies outweighed concerns about slowing global economic growth and fuel demand. Brent crude futures rose 42 cents, Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Hydrogen

Big Oil Bets That Green Hydrogen Is the Future of Energy

A green hydrogen electrolyzer during the final stages of construction at Iberdrola SA’s Puertollano plant Spain. Photographer: Angel Garcia/Bloomberg After years of dabbling, major oil companies are finally planning the Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • OPEC

Opec Update, June 2022

The OPEC Monthly Oil Market Report (MOMR) for June 2022 was published last week. The last month reported in most of the charts that follow is May 2022 and output Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Iraq

Iraq will implement federal court ruling on Kurdish oil industry, oil minister says

The Iraqi oil minister said on Sunday that Iraq would implement a ruling from its federal court in February in which it deemed a Kurdish oil and gas law unconstitutional. Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple
Category:
  • Africa
  • IEA

Time is running out for Africa to profit from its gas, IEA says

Africa must act quickly to profit from its vast reserves of natural gas that the world will only want until it can shift towards lower carbon technology, the International Energy Continue Reading

Posted On : 20 Jun 2022 Published By : Tom Whipple

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