Natural Gas

Analysis: Up-ended global LNG markets deepen Australia’s power woes

Top liquefied natural gas exporter Australia is in the depths of a power crunch just as traditional buyers are scrambling…

3 years ago

Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion – sources

Qatar has picked Exxon Mobil Corp , TotalEnergies SE (TTEF.PA), Shell (SHEL.L) and ConocoPhillips (COP.N) as partners in the expansion of the world's largest liquefied…

3 years ago

Explainer: Challenges arise as Russia calls for gas payments in roubles

Russian President Vladimir Putin on Wednesday said the world's largest natural gas producer would soon require "unfriendly" countries to pay…

4 years ago

EXCLUSIVE Petrobras and EIG near deal for Bolivia-Brazil gas pipeline -sources

State-run Brazilian oil company Petrobras is close to reaching an agreement to sell to U.S. private equity firm EIG Energy…

4 years ago

Shell pursues $7 billion buyback ‘at pace’ despite LNG troubles

Royal Dutch Shell said it will pursue "at pace" a $7 billion share buyback largely funded from the sale of…

4 years ago

Analysis: Weak winds worsened Europe’s power crunch; utilities need better storage

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened…

4 years ago

Heating bills in the United States are expected to rise as energy prices rise!

According to the U.S. Energy Information Administration's 2021 data, households can expect their heating bills to increase by up to…

4 years ago

EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020

Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by…

4 years ago

U.S. Steel, Norway’s Equinor eye clean hydrogen production

Norway's Equinor (EQNR.OL) and U.S. Steel Corp (X.N) will examine the potential for developing clean hydrogen production in Ohio, Pennsylvania…

4 years ago

Canada lawmakers pass budget bill with pandemic supports ahead of summer recess

Canadian lawmakers on Wednesday passed Prime Minister Justin Trudeau's budget bill, approving billions in funding to extend COVID-19 supports on…

4 years ago