Keyword "NGS" - List of latest news (895 results)

07:51 EU looking at options to forbid new Russian gas contracts, source says

The European Commission is assessing whether it could legislate to forbid firms in the European Union from signing new contracts for Russian fossil fuels, a senior EU official said on Tuesday.

04:21 Woodside's shares gain as first-quarter revenue fuels up, beating expectations

Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.

23:42 Baker Hughes beats first-quarter profit on strong demand for natural gas technology

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for first-quarter profit on Tuesday, helped by robust demand for natural gas technology.

22/04 Vance seeks closer US-India ties, warns of 'dark time' otherwise

The United States is looking to sell more energy and defence equipment to India, Vice President JD Vance said on a visit to the country, adding that ties between the two countries will shape the century.

22/04 Environmental lawyers get ready to pounce on Trump’s energy deregulation moves

U.S. environmental groups say they are hiring lawyers and preparing for a major legal showdown with President Donald Trump's administration over its rapid-fire and sweeping efforts to sidestep federal regulations on oil, gas and coal development.

21/04 Exclusive: EU explores tweaking methane rules for US gas to help trade talks, sources say

The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Trump, three sources told Reuters.

18/04 Chevron and other companies exit Egypt’s Red Sea concessions, redirect resources

A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channelled their resources elsewhere in the country, the Egyptian petroleum ministry said.

17/04 More than 40% of Puerto Rico customers without power after island-wide blackout

Nearly half of the homes and businesses in Puerto Rico that receive electricity from the commonwealth's main utility were still without power on Thursday, a day after a widespread blackout struck the island, Luma Energy said in a statement.

17/04 Qatari Emir arrives in Moscow for talks with Putin on Ukraine and Middle East

Qatar's Emir Sheikh Tamim bin Hamad Al-Thani arrived in Moscow on Thursday for talks with President Vladimir Putin on Ukraine and Middle East issues, on a trip that the Kremlin described as very important.

17/04 BP leadership faces shareholder vote amid Elliott campaign, climate ire

BP's board is up for re-election at its annual general meeting on Thursday as the group faces activist shareholder Elliott Management and climate-focused investors who have called for a vote against Chairman Helge Lund.

16/04 UK power grid could face lowest-ever demand this summer, operator says

Britain's power grid could experience its lowest-ever electricity demand this summer as renewables generation and cheap power imports from Europe keep the system well supplied, the National Energy System Operator (NESO) said on Wednesday.

14/04 Back to Russian gas? Trump-wary EU has energy security dilemma

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile. Businesses are wary that reliance on the United States has become another vulnerability.

12/04 Oando pipelines in Nigeria's oil-rich Bayelsa state hit by sabotage attacks

Nigerian oil producer Oando Plc said three sabotage attacks had targeted its pipelines in the oil-rich Bayelsa state in the south of the country over the past week.

11/04 OPEC output hikes, trade wars have US oil producers wary of 'drill baby drill'

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting output and jobs due to a double whammy of higher crude output from OPEC and on-again, off-again tariffs that have dented demand.

11/04 BP warns of "weak" gas trading, higher debt in Q1

Energy group BP expects its first-quarter gas marketing and trading result to be "weak" while net debt will rise, the company said on Thursday, sending its shares down in early trading.

11/04 More than 2,600 US Energy Dept staffers accept second offer to resign, sources say

More than 2,600 U.S. Department of Energy staffers have opted to take the Trump administration's second round of resignation offers, two sources said on Thursday, with offices on power grid stability and loans for high-tech energy projects hit hard.

10/04 Restarting coal plants after Trump's executive orders makes no economic sense, report says

U.S. President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday.

10/04 US will no longer require green analysis on thousands of oil, gas leases

The U.S. said on Thursday that it will no longer require an environmental impact statement for thousands of oil and gas leases across the U.S. West, in a move aligning with President Donald Trump's efforts to lift hurdles on drilling.

09/04 US producers face tough choices on growth, capital returns as oil falls below $60

A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said.

09/04 Chevron to 'triple-frac' half of Permian oil wells in 2025 to cut costs, time

U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin, the company told Reuters, in an effort to cut the time and cost of producing oil.

08/04 Exclusive: US energy chief Wright heads to Middle East for nearly two weeks, source says

U.S. Energy Secretary Chris Wright on Wednesday will launch a nearly two-week tour of three Middle East countries, including Saudi Arabia, marking his first visit as a U.S. official to the de facto leader of the OPEC oil producer group, a source familiar with the matter told Reuters.

07/04 'Everything is so expensive': Bolivians tighten belts as new inflation reality bites

In Bolivia's highland city La Paz, homemaker Angelica Zapata is coming to terms with a new inflation reality as prices rise at the fastest speed in almost two decades, propelled by shortages of fuel and dollars in the Andean country.

07/04 US utilities grapple with Big Tech's massive power demands for data centers

U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country for viable locations for new data centers to keep up with the compute demands of AI.

06/04 Australia's Albanese pledges A$2.3 billion to help homeowners buy solar batteries

Australian Prime Minister Anthony Albanese on Sunday pledged A$2.3 billion ($1.39 billion) to help homeowners buy batteries to store solar power and lower their energy costs, a major issue in the May 3 general election.

03/04 Trump's tariffs already have a major carve-out. Oil and gas: Russell

Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have been excluded.

03/04 Oil imports exempted from Trump’s sweeping tariffs

Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.

02/04 US natural gas prices brace for impact from tariff crossfire: Maguire

U.S. natural gas prices are already up by around 80% from a year ago, but are due for a fresh jolt from the knock-on effects of the latest round of trade tariffs imposed by the U.S. government on goods entering the country.

29/03 Akkuyu NGS'de Salt purification complex was put into operation

Akkuyu Nuclear Power Power Plant (NGS), which is under construction in Mersin, was put into operation from salt purification complex.

28/03 Exclusive: Alaska Governor to brief Trump on Asia gas push as tariffs bite

Alaska's governor said he will brief U.S. President Donald Trump's administration after returning from Japan next week on progress securing Asian backing for a natural gas project that has become part of a broader discussion on trade and tariffs.

28/03 Commentary: US LNG exporters could hit methane snag in Europe

The Trump administration’s broad policy goal of achieving “energy dominance” may run into headwinds in the country’s largest export market, the European Union, due to new methane regulations.

27/03 Exclusive: Energy trader Vitol eyes $3 billion sale of US shale producer, sources say

Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.

27/03 US oil producers face new challenges as top oilfield flags

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - and may be nearing peak output.

22/03 Canadian opposition, oil CEOs call for scrapping federal carbon price system

The future of Canada's six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut carbon emissions, however, puts the viability of the high-profile Pathways Alliance carbon capture project in doubt.

10/03 Exclusive: After US move on Iraq-Iran power trade, Baghdad looks to replace Iranian gas

After the U.S. moved to block Iraq's imports of electricity from Iran, Baghdad is looking to Qatar and Oman as possible options should Washington do the same regarding their trade in gas, the boss of Iraq's South Gas Company said on Monday.

10/03 CERAWEEK US energy secretary promises executives faster industry development

In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended to speed up permitting and support the industry, attendees told Reuters.

09/03 CERAWEEK Top oil executives reckon with downturn even as Trump cheers them on

Trump's policies threaten to drive up the cost of oil that US refiners need from Canada and Mexico, and his rapid pivot on Russia could upend global oil flows and reduce the European market for US oil and gas.

09/03 Russia uses gas pipeline to surprise Ukrainian forces in Kursk, bloggers say

Russia was storming the town of Sudzha on Sunday after special forces used a gas pipeline to surprise Ukrainian units as part of a major offensive to eject Ukrainian soldiers from the western Russian region of Kursk, pro-Russian war bloggers said.

07/03 Exclusive: US mulls how to ease Russia energy sanctions quickly if war ends, sources say

The U.S. government is studying ways it could ease sanctions on Russia's energy sector as part of a broad plan to enable Washington to deliver swift relief if Moscow agrees to end the Ukraine war, according to two sources familiar with the matter.

07/03 China's power grid clean-up puts several US systems to shame

China's steady expansion to coal-fired power capacity has drawn ire from U.S. power system advisers who gripe that there's little point in cleaning up generation at home while China lifts coal-fired emissions ever higher.

07/03 Russia launches major Ukraine missile attack after US cuts off military aid

Russian forces damaged Ukrainian energy and gas infrastructure overnight in their first major missile attack since the U.S. paused intelligence sharing with Ukraine, piling pressure on Kyiv as President Donald Trump seeks a swift end to the war.

07/03 Indonesia embarks on long-stalled LNG push to displace diesel in power plants

After a decade of false starts, Indonesia is rolling out a $1.5 billion project to distribute liquefied natural gas (LNG) on a small scale to feed dozens of power plants now running on diesel via a unique hub-and-spoke model across its vast archipelago.

05/03 Trump's tariffs on Canada could make US power bills even pricier

Swelling U.S. power prices may rise even faster in some parts of the country if 10% energy tariffs imposed by the Trump administration this week hit Canadian electricity supplies and trigger retaliation, according to energy experts and grid operators.

05/03 Key energy and output data to track as Germany charts economic revival

Following rare back-to-back economic contractions in 2023 and 2024, German businesses are hopeful that a new government formed by the conservative CDU/CSU party and the center-left Social Democrats can revive Europe's largest economy in 2025.

03/03 Trump's tariffs threat hits Canada's oil and gas drillers

Canada's oilfield drilling and services sector is already showing signs of slowing.

25/01 Zelenskiy hopes Europe, US will be involved in Ukraine peace talks

Ukrainian President Volodymyr Zelenskiy hopes Europe and the United States will be involved in any talks about ending his country's war with Russia, he told reporters on Saturday.

24/01 US renewable power producer NextEra Energy expanding gas-fired generation

The world's largest renewable power company, NextEra Energy , is partnering with GE Vernova to develop natural gas-fired power generation projects across the United States that will mainly feed AI data centers and other large electricity users, NextEra said on Friday.

24/01 Venture Global's $58 billion market debut falls short of high expectations

Venture Global's shares opened nearly 4% below their initial public offering price in a subdued NYSE debut on Friday, giving the LNG exporter a valuation of $58.2 billion and reinforcing the cautious approach of investors to new listings.

24/01 Appetite for IPOs is strong, but watch those valuations, analysts say

The tepid reception to Venture Global's ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the recovery in new offerings may be a cautious one.

24/01 LNG exporter Venture Global raises $1.75 bln in US IPO

Liquefied natural gas exporter Venture Global said on Thursday it had raised $1.75 billion, marking the first big initial public offering of President Donald Trump's second term as investors bet on his plan to boost U.S. energy production.

23/01 Oil industry unlikely to rush to Alaska despite Trump's call to drill 

U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump's executive order enabling them to do so, company officials and industry representatives told Reuters, noting a future president could easily reverse Trump's move.

23/01 Senate panel approves Trump's picks to run energy, interior departments

U.S. Senate committees on Thursday approved President Donald Trump's choices to run energy and environmental policy - officials who, if backed by the full Senate, will seek to maximize fossil fuel output and scrap chunks of climate policy.

22/01 Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit

Kinder Morgan narrowly missed Wall Street's expectations for quarterly profit on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condensate transported through its pipelines.

22/01 Trump's climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy.

22/01 Parts of Florida Panhandle shut down by historic winter storm

An historic January storm dumped more deep snow along the U.S. Gulf Coast on Wednesday after bringing Houston and New Orleans to a near standstill over the past two days and burying parts of Florida's Panhandle with accumulations more typical of Chicago.

22/01 LNG companies hail Trump decision to lift freeze on export permits

Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

22/01 Halliburton warns of softer North America activity even as quarterly profit beats

Halliburton on Wednesday warned of softer activity in North America this year even as the oilfield giant beat analysts' estimates for fourth-quarter profit helped by higher demand for drilling and pressure pumping services in the North Sea and Asia.

21/01 Trump lifts freeze on LNG export permit applications

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.

21/01 Exclusive: Aramco chief expects additional oil demand of 1.3 mln bpd this year

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year.

16/01 US announces nearly $23 billion in loans to energy utilities across 12 states

The U.S. Energy Department's loan office on Thursday announced $22.92 billion in conditional financing for several energy utilities across a dozen states.

16/01 Trump nominee for Interior backs full-throttle drilling on federal lands

President-elect Donald Trump's pick for secretary of the interior, Doug Burgum, will tell lawmakers during his nomination hearing on Thursday that he will vigorously pursue Trump’s goals of maximizing energy production from America’s public lands and waters, calling it key to national security.

16/01 Slovakia's Fico set to survive no-confidence vote as coalition rebels say they'll back him

Slovak Prime Minister Robert Fico looks set to survive an upcoming no-confidence vote after rebel lawmakers in one ruling coalition party said they would not support the motion.

15/01 Breakingviews - Europe’s US gas pivot is a work in progress

Donald Trump wants to sell Europe more gas. That sounds doable: the European Union needs more of it. And the trade might discourage the U.S. president-elect from slapping a 10% tariff on European goods which could, per Citi, shave 0.3 percentage points off a euro zone economy only set to grow 0.5% in 2025. Yet an accelerated pivot isn’t guaranteed.

15/01 Trump's energy department pick to call for more LNG and nuclear power

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power.

15/01 Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain.

15/01 Russia launches new missile barrage at Ukraine, targets gas infrastructure

Russia launched a new barrage of missiles and drones at Ukraine on Wednesday, targeting gas infrastructure and other energy facilities in western regions in the latest strike on the country's hobbled power system as it approaches mid-winter.

15/01 Leader of Moldova's separatist region travels to Moscow for gas crisis talks

The leader of Moldova's breakaway region of Transdniestria has travelled to Moscow for talks to resolve an energy crisis following the suspension of Russian gas deliveries, Transdniestria's news agency reported on Tuesday.

14/01 Slovak opposition to call no-confidence vote against PM Fico's government

Slovakia's opposition parties will call a no-confidence vote against the government, a party chief said on Tuesday, accusing Prime Minister Robert Fico of dragging foreign policy closer to Russia while failing to tackle problems at home.

14/01 Oil shipping rates surge after US sanctions tighten global fleet

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.

14/01 Dozens of oil tankers drop anchor after latest US sanctions bite

At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.

13/01 China, India seek new supplies as US sanctions tighten grip on Russian oil

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.

13/01 Russia's Gazprom could cut over 1,500 jobs as Europe hit weighs

Gazprom is weighing more than 1,500 job cuts at its central office in St. Petersburg as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency TASS reported on Monday.

13/01 LNG exporter Venture Global seeks up to $110 billion valuation in US IPO

Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, the liquefied natural gas exporter said on Monday, setting the stage for 2025's first blockbuster stock market flotation.

13/01 Trump's likely first moves on US energy policy

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.

11/01 Russia says it will continue oil and gas projects despite US sanctions

Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.

11/01 Moldova's pro-Russian separatists extend state of emergency amid gas cutoff

Moldova's Moscow-backed separatist region of Transdniestria extended its state of emergency on Friday for another month as it grapples with an energy crisis after losing access to Russian gas supplies that had propped up its economy for decades.

09/01 TotalEnergies to pay $5 million to settle US FERC natgas manipulation case

A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012.

09/01 Fico says Slovakia could withhold Ukraine aid over halted gas supply

Slovakia is weighing measures against Ukraine including withholding aid if a solution is not found to halted Russian gas transit through the country, Prime Minister Robert Fico said on Thursday after talks with EU energy commissioner Dan Jorgensen.

08/01 Shell warns of weaker fourth quarter LNG, oil trading

Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.

07/01 Trump says he will revoke Biden offshore drilling ban immediately

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

07/01 Exclusive: Austria's OMV agrees to supply Romanian gas to Germany, sources say

Austria's OMV has struck a deal to supply Germany's Uniper with gas from its Black Sea project from 2027, three people familiar with the matter told Reuters, as Europe seeks new ways to boost energy security after cutting ties with Russia.

07/01 Wind Britain’s top electricity source in 2024

Wind power was Britain’s largest source of electricity in 2024, topping gas-fired power plants for the first time, data showed on Tuesday.

07/01 Trump weighing executive order protecting gas stoves

President-Elect Donald Trump is weighing an executive order that seeks to protect gas-powered appliances including stoves and heaters from federal and local regulators who want to phase them out of homes and businesses, two sources familiar with the plans said.

07/01 Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.

07/01 Phillips 66 strikes $2.2 bln EPIC NGL deal to boost natural gas liquids bet

U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to prop its natural gas liquid bet.

06/01 Thousands left without heat or gas in Moldova's pro-Russian separatist region

More than 51,000 households were left without gas and 1,500 apartment buildings had no winter heat in Moldova's pro-Russian separatist enclave, authorities said on Monday, after Ukraine refused to extend a transit agreement with Russia last week.

06/01 Biden to ban offshore oil, gas drilling in vast areas ahead of Trump term

U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision that President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.

04/01 Moldova breakaway region to face new power cuts on Saturday, officials say

Power cuts will continue on Saturday in the breakaway Moldovan region of Transdniestria, which has been left without Russian gas supplies following Ukraine's decision not to extend a contract for Russian gas transit, local authorities said.

04/01 Moscow-backed enclave in Moldova feels pain from lack of Russian gas

The severing of one of Russia's last gas export routes to Europe is being felt most painfully in a small, mainly Russian-speaking breakaway region of Moldova that has for decades looked to Moscow for protection.

03/01 Biden administration offers nuclear industry path to hydrogen tax credit

The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of what it calls clean hydrogen if the credits help prevent reactors from retiring.

03/01 Moldova PM warns of security crisis, denounces Russian gas cut-off

Moldova faces a security crisis after tens of thousands of residents in the breakaway enclave of Transdniestria were cut off from Russian gas supply, Prime Minister Dorin Recean said on Friday.

03/01 Starved of Russian gas, industry shuts down in breakaway Moldovan region

The cut-off of Russian gas supplies to Moldova's breakaway Transdniestria region has forced the closure of all industrial companies except food producers, an official said on Thursday.

02/01 Slovakia will discuss retaliation after Ukraine's gas transit 'sabotage', says Fico

Slovakia's coalition government will discuss retaliatory measures to take against Ukraine after it halted the flow of Russian gas through its territory to Slovakia, Slovak Prime Minister Robert Fico said on Thursday.

02/01 U.S. LNG exports soar in December, lifting full-year growth by 4.5%

U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.

01/01 Breakaway Moldovan region cuts heating and hot water as Russian gas flow ends

The breakaway Moldovan region of Transdniestria cut heating and hot water supplies to households on Wednesday after Russia stopped supplying gas to central and eastern Europe via Ukraine.

01/01 Explainer: What happens when Russian gas supply to Europe via Ukraine ends?

Russian gas supplies sent via Ukraine to Europe for more than 40 years are scheduled to end on January 1 after Ukraine's Naftogaz refused to renew its latest five-year transit deal with Russia's Gazprom.

01/01 Russian gas era in Europe ends as Ukraine stops transit

Russia's energy giant Gazprom said on Wednesday that gas exports via Ukraine to Europe had been halted from 08:00 Moscow time (0500 GMT) as the transit deal has expired.

31/12 Russia reduces gas flow via Ukraine to Europe on last day of expiring deal

Russian energy company Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war.

30/12 Tourists enjoy last days of patio heaters on Barcelona's terraces

Tourists in Barcelona's historic centre were enjoying the last days of gas-powered patio heaters before their use is banned in 2025 because of their carbon emissions.

30/12 Russian gas flows via Ukraine for last days as transit deal crumbles

Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the almost complete loss of Russia's once mighty hold over the European gas market.

28/12 Russia says it will stop gas exports to Moldova from Jan. 1

Russian energy giant Gazprom said on Saturday it would suspend gas exports to Moldova from 0500 GMT on Jan. 1 due to unpaid debt by Moldova, which is bracing for severe power cuts.

28/12 Ukraine's Zelenskiy hits back at Slovak PM Fico as gas transit dispute deepens

Ukrainian President Volodymyr Zelenskiy accused Slovakia's Prime Minister Robert Fico on Saturday of opening a "second energy front" against Ukraine on the orders of Russia, as a gas transit dispute between the countries deepened.

26/12 Putin says there is no time to sign new Ukraine gas transit deal this year

President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.

24/12 Moldovan president warns of 'harsh winter' in inauguration speech

Moldova faces a harsh winter but will overcome the challenge, President Maia Sandu said at the inauguration for her second term on Tuesday.

23/12 Zelenskiy calls Slovak's Fico dependence on Russia 'big security issue' for Europe

Ukrainian President Volodymyr Zelenskiy on Monday criticised what he said was Slovak Prime Minister Robert Fico's lack of desire to end his country's dependency on Russian natural resources as a "big security issue" for Europe and Slovakia.

23/12 Putin meets Slovak PM as Ukraine gas contract nears end

Robert Fico has criticized Volodymyr Zelenskiy for refusing to extend the contract.

21/12 California sets clear path to close Aliso Canyon gas storage facility

California's utilities regulator on Thursday set a clear path toward potentially closing SoCalGas's Aliso Canyon gas storage facility, prioritizing energy reliability and affordability as the state shifts to cleaner energy.

20/12 Venture Global applies to list on NYSE

Venture Global has applied to list its Class A common stock on NYSE under the symbol "VG", according to a company filing on Friday.

20/12 Trump wants EU to buy more US oil and gas or face tariffs

U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy.

20/12 Breakingviews - Nuclear power pitch has magical thinking at core

For a great example of how not to pitch nuclear energy, look to Australia. The country's right-wing opposition parties head into next year's federal election claiming that adding seven atomic power stations to the main electricity system would decarbonise it for A$263 billion ($167 billion), or 44%, less than building the renewables-heavy grid the ruling Labor Party government favours. But the fin

19/12 China lets Sweden, Finland, Germany and Denmark board ship in cable breach case

China has allowed representatives from Germany, Sweden, Finland and Denmark to board a Chinese bulk carrier at the centre of an investigation into Baltic Sea cable breaches, the Danish foreign minister said on Thursday.

19/12 AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas.

17/12 Half US at high risk of power shortfall in next decade, regulator says

About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday.

17/12 Biden administration releases LNG export study, urging caution on new permits

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.

17/12 Japan targets 40-50% power supply from renewable energy by 2040

Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a draft of its revised basic energy policy, as it makes a clean energy push while meeting rising power demand.

13/12 Moldova declares state of emergency as risk of Russian gas cutoff looms

Moldova's parliament voted early on Friday to impose a national state of emergency for 60 days starting on Dec. 16 due to an expected cut-off of Russian gas supplies from Jan. 1.

12/12 IEA expects comfortably supplied oil market in 2025 despite demand hike

The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on Thursday, even after producer group OPEC+ extended oil supply cuts and a slightly higher than expected demand forecast.

11/12 Chevron working on supply of power to data centers, executive says

U.S. oil major Chevron Corp is considering ways to supply lower carbon power for data center operators, Jeff Gustavson, president of Chevron New Energies said in an interview at the Reuters NEXT conference in New York.

11/12 Explainer: Why Nigeria's power grid is failing

Nigeria's national power grid is prone to frequent collapses, with the resulting power shortages proving an obstacle to economic growth and investment in Africa's most populous nation.

11/12 OPEC again cuts 2024, 2025 oil demand growth forecasts

OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in China, India and other regions in the producer group's fifth consecutive downward revision.

11/12 Exxon sets plan to boost oil and gas output by 18%

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%.

11/12 Rival LNG supplies, Sakhalin's depleting fields give Japan an exit from Russian gas

As Japan's long-term contracts to secure liquefied natural gas (LNG) from Russia's Sakhalin-2 project near expiration, rival producers see opportunity to fill the supply gap, even as Tokyo looks to switch to cleaner energy, industry insiders say.

09/12 Two people in life-threatening condition after blast at Eni facility near Florence

Two people are in life-threatening condition and five others have been hospitalised after an explosion at a storage facility owned by Italian energy group Eni near Florence on Monday, the president of the Tuscany region said.

09/12 Equinor completes Nigeria, Azerbaijan asset sales of up to $2 billion

Equinor has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration of up to $2 billion, completing exits from the two countries after some 30 years, the Norwegian oil and gas firm said on Monday.

09/12 No concerns over Trump vow to lift LNG exports cap, Qatar energy minister says

Qatar has no concerns about U.S. President-elect Donald Trump's promise to lift a cap on liquefied natural gas (LNG) exports, Qatar's Energy Minister Saad al-Kaabi said on Saturday, adding his country would cope with any competition.

06/12 Rouble rebounds past 100 vs US dollar after Putin's gas payments decree

The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas, allowing foreign currency flows to resume.

06/12 Exclusive: BP seeks buyers for US natural gas pipeline system stake, sources say

BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.

06/12 Gas price shock set to add to Europe's industrial pain

Europe's struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms.

05/12 Cuba says electrical grid back online, generation still lagging

Cuba said late on Wednesday it had reconnected its national electrical grid, though generation remained far below demand one day after a plant failure knocked out power to millions across the island.

05/12 Column: France's political woes may trigger fresh Europe energy crisis

The collapse of France's government on Wednesday could have far-reaching consequences for Europe's energy markets and send regional electricity costs soaring.

05/12 Equinor, Shell to form UK oil and gas joint venture

Norway's Equinor and Shell announced on Thursday plans to merge their British offshore oil and gas assets into a joint venture, equally owned by both companies.

04/12 German gas levy limbo raises risk of higher costs for edgy neighbours

The collapse of Germany's governing coalition risks delaying a draft law on waiving a costly gas storage levy for foreign buyers from next year and raising tension with European neighbours that face higher prices.

04/12 Exclusive: Shell slows investments in offshore wind, splits power business

Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business under CEO Wael Sawan's drive to boost profits, the company told Reuters.

04/12 Cuba's electric grid collapses after power plant failure, millions without light

Cuba's national electrical system collapsed early on Wednesday morning after the country's largest power plant failed, the government said, the latest of several such failures as the island's grid falls into disarray amid fuel shortages, natural disaster and economic crisis.

04/12 EDF to extend the operating life of four British nuclear plants

EDF will extend the life of four of its British nuclear plants and invest 1.3 billion pounds ($1.64 billion) in its British fleet over 2025-2027, it said on Wednesday, in a boost for the country’s energy security and efforts to meet its climate targets.

04/12 Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco

Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's top energy official told Reuters.

03/12 Biden pushes out over $100 billion in clean energy grants as term winds down

U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for international climate policy John Podesta said.

03/12 After decades, China sputters as engine of global oil demand growth

China's crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world's top crude buyer, ending the country's decades-long run as the dominant driver of expanding oil consumption.

02/12 Threatened by climate change, Panama Canal has big plans to combat drought

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.

01/12 Peru names Jorge Montero as minister of mines and energy

Peru has named Jorge Montero as its new minister of mines and energy, according to a government resolution published on Sunday, after his predecessor was removed by the country's congress.

27/11 How Trump's proposed tariffs might affect commodities and energy

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China. The proposed tariffs would affect a wide range of industries, including oil, natural gas, agriculture and manufacturing, potentially altering long-established trade patterns and supply chains.

26/11 TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO

TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani, the French group's CEO, Patrick Pouyanne, said on Tuesday.

26/11 Exclusive: Gazprom 2025 plan assumes no more transit via Ukraine to Europe, source says

Russian state-controlled gas giant Gazprom is making the assumption that no more gas will flow to Europe via Ukraine after Dec. 31 in its internal planning for 2025, a person familiar with the plans said.

26/11 US oil firms unlikely to go 'drill, baby, drill' under Trump, says Exxon executive

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.

25/11 Moldova, Russia hold talks on Transdniestria gas supply amid Ukraine transit uncertainty

Moldova's energy minister held talks with the head of Russian gas giant Gazprom on Monday to discuss alternative routes to supply Moldova's breakaway region of Transdniestria with Russian gas if transit through Ukraine stops, Moldova said.

25/11 BP CEO Auchincloss says oil demand keeps surprising us to the upside

BP Chief Executive Murray Auchincloss said that global oil demand continued to surprise to the upside, speaking at the Energy Intelligence forum in London on Monday.

25/11 Russian drones, missiles attack Ukraine's east, south and capital

Russian missiles damaged residential buildings in Ukraine's eastern city of Kharkiv and Odesa in the south, and a blizzard of drones caused temporary power cuts in Mykolaiv region and targeted the capital Kyiv, Ukrainian officials said on Monday.

25/11 Focus: Guyana's pick of new US startup faces hurdles to tap vast gas reserves

Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost up to $30 billion. Year-old Fulcrum LNG faces financing hurdles that could derail its selection. Ultimately, the South American nation may end up relying on a consortium led by Exxon Mobil , which controls all the production in the

25/11 Exclusive: Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.

25/11 Exclusive: Austria's half-century bond with Gazprom ended by gas seizure, sources say

The trigger that ended more than 50 years of gas flows from Russian state energy giant Gazprom to OMV earlier this month was the Austrian group's seizure of Russian gas as payment to cover the value of an arbitration award, five sources told Reuters.

25/11 Pipeline operator ONEOK to buy remaining shares of EnLink in $4.3 bln deal

Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation in the U.S. energy sector.

22/11 Energy bills to rise for most Britons after 1.2% price cap rise

Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2% from January as volatile wholesale energy markets kept prices high.

21/11 US Treasury targets Russia's Gazprombank with new sanctions

The United States imposed new sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, as President Joe Biden steps up actions to punish Moscow for its invasion of Ukraine before he leaves office in January.

21/11 Argentina's Vaca Muerta gas-export plan is a pipe dream

Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government's free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade.

21/11 Data-center reliance on fossil fuels may delay clean-energy transition

A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate: a near-term surge in fossil-fuel use.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

20/11 Russian gas supply to EU via Ukraine steady amid row with OMV

Russian gas exports to Europe via Ukraine were stable on Wednesday, data from Kremlin-controlled producer Gazprom showed, with nominations for flows to Austria from Slovakia also unchanged.

19/11 Russian gas flow to EU via Ukraine stable, nominations to Austria up

Russian gas producer Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Tuesday, the same volume as on Monday, while nominations for gas flows to Austria from Slovakia edged up.

18/11 Russia's gas flows to Europe via Ukraine stable amid Austria dispute

Russian gas exports through Ukraine to Europe - the main transit route for the gas to the EU - were stable on Monday, according to Kremlin-controlled energy company Gazprom , despite the company cutting off gas supplies to Austria's OMV .

17/11 Countries, companies lag in response to tackle methane emissions, UN says

Since a U.N. initiative began monitoring for methane leaks from oil and gas infrastructure last year, it has issued 1,200 alerts to governments and companies.

17/11 Russia resells more gas in Europe after cutting off Austria, sources, data show

Russian gas flows to Austria were suspended for a second day on Sunday because of a pricing dispute but other buyers in Europe stepped in to snap up unsold volumes, companies and sources said and data showed.

16/11 Russian gas exports via Ukraine to Europe stable despite Austria cuts

Russian gas producer Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday, despite expectations of gas supplies cuts to Austria over a contractual dispute.

16/11 Trump says Interior pick Burgum will chair new National Energy Council

President-elect Donald Trump said on Friday that he was creating a National Energy Council to coordinate policies to boost U.S. energy production that will be led by his pick for interior secretary, North Dakota Governor Doug Burgum.

15/11 Explainer: What happens when Russian gas to Europe via Ukraine stops?

Austria's energy company OMV was informed by Gazprom that the Russian gas producer would halt deliveries of natural gas via Ukraine to OMV from 0500 GMT on Nov. 16 following OMV winning an arbitration case.

15/11 Austria's OMV gas deliveries via Ukraine transit to fall to zero from tomorrow

Austria's OMV has been informed by Gazprom that the Russian gas producer would reduce its deliveries of natural gas from to zero from 0500 GMT on Nov. 16, according to information published on the CEGH Remit platform on Friday.

15/11 Explainer: A trillion dollar question - fossil fuel subsidies

In Baku, discussions are ongoing over reducing distortions and inefficiencies created by subsidies.

13/11 Biden officials ask EU to align methane rules with US to ease LNG flows, letter says

President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet U.S. methane regulations automatically comply with Europe’s standards for imports, according to a letter seen by Reuters.

13/11 Development bank financing pledge gives COP29 summit early boost

COP29 negotiators welcomed as an early boost to the two-week summit a pledge by major development banks to lift funding to poor and middle-income countries struggling with global warming.

13/11 Global CO2 emissions to hit record high in 2024, report says

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday.

12/11 COP29: How methane emissions threaten climate goals

Fast-rising methane emissions could undermine efforts to limit global warming by mid-century, prompting scientists and policymakers to urge aggressive action to curb output of the potent greenhouse gas.

12/11 Exclusive: Investment firm Aethon explores options for $10 billion US natgas assets, sources say

U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Tuesday.

12/11 US oil industry urges Trump to ditch Biden climate policies

The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying the measures threaten jobs, consumer choice and energy security.

12/11 IMF, World Bank leaders pledge at UN climate summit to work with Trump

The heads of the World Bank and International Monetary Fund on Tuesday said they would work with the incoming U.S. administration of Republican Donald Trump to continue to provide financing to developing countries hit by climate change.

12/11 US sets methane fee on oil, gas emitters as Biden term winds down

U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.

12/11 COP29: Pay up or face climate-led disaster for humanity, warns UN chief

United Nations Secretary-General Antonio Guterres told world leaders at the COP29 summit on Tuesday to "pay up" to prevent climate-led humanitarian disasters, and said time was running out to limit a destructive rise in global temperatures.

11/11 Russia's Putin approves no-disclosure waiver for Novatek, Surgut

Russian President Vladimir Putin signed a decree on Monday allowing Novatek and its liquefied natural gas units, as well as oil firm Surgutneftegaz , to limit public disclosure about their businesses.

11/11 Oil slips as US storm threat eases, China stimulus disappoints

Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No. 2 oil consumer.

10/11 More than a quarter of US Gulf of Mexico oil, 16% of natural gas offline

More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm Rafael, the U.S. offshore energy regulator reported on Sunday.

09/11 Pakistan to slash winter power tariffs to spur demand, cut gas use

Pakistan will reduce electricity tariffs during winter in a bid to boost consumption and cut the use of natural gas for heating, its power minister told Reuters on Saturday.

07/11 Gas may dash Big Oil's Namibian dreams 

International companies and the government of Namibia had high hopes only months ago they could quickly cash in on offshore discoveries and turn the country they saw as the world's last frontier of untapped oil into a prolific producer.

07/11 Uncertainty prevails as top exporter Vietnam braces for volatility with Trump

Vietnam faces trade volatility with a new Trump presidency, officials and supply chain experts told Reuters, as the country could benefit from increased U.S.-China trade tensions but may also become "collateral damage" of U.S. protectionist measures.

06/11 Trump return will slow, not stop, US clean energy boom

Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U.S. renewable energy boom.

06/11 Hurricane Rafael barrels through Cayman Islands

The hurricane is forecast to rapidly intensify before making landfall in western Cuba.

05/11 Late season storm could disrupt 4 mln barrels of US oil output, researchers say

A late season tropical storm predicted to intensify into a category 2 hurricane in the U.S. Gulf of Mexico this week could reduce U.S. oil production by about 4 million barrels, researchers said.

03/11 OPEC+ agrees to delay December output hike for one month, sources say

OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China and rising supply outside the group maintain downward pressure on the oil market.

01/11 Exxon, Chevron top Q3 profit expectations as US oil output hits record high

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cushioned the blow from a plunge in fuel margins.

01/11 Washington state vote a harbinger for wider carbon markets

A ballot initiative to ax Washington state's carbon market would, if passed next week, send an ominous signal to other U.S. states and Canadian regions looking to build markets aimed at cutting emissions that scientists blame for climate change.

01/11 Exxon's $8.6 billion profit beats as volume offsets price weakness

Exxon Mobil on Friday beat Wall Street's third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S. shale producer Pioneer Natural Resources.

01/11 Chevron beats quarterly profit expectations on higher production

Chevron Corp on Friday beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings fell compared to the year-ago level.

31/10 Chevron CEO under pressure to halt share slide as Hess deal stalls

Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market value larger than Exxon Mobil's after he refused to get into a bidding war with Occidental Petroleum over a rival.

31/10 Shell $6 bln profit smashes forecasts as LNG offsets weak refining

Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker oil refining and trading results were offset by higher LNG sales.

30/10 US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say

U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports from China, despite the former president's pledge to speed new energy permits, say analysts.

29/10 Exclusive: Panama Canal seeks LNG comeback after 65% decline in traffic

The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market rises and a new reservation system allows shippers to lock in slots, following a 65% decline in the transit of its second-most important segment, the Panama Canal Authority told Reuters.

29/10 German consumer sentiment on steady path to recovery in November, finds GfK

German consumer sentiment is set to continue to recover heading into November as households are more optimistic about their income prospects, though high prices and bad job market news are diluting those positive factors, a survey showed on Tuesday.

29/10 Left-leaning New Democratic Party to form British Columbia government after tight election win

Incumbent Premier David Eby's New Democratic Party (NDP) is set to form the next government of British Columbia after edging ahead in a final tally of ballots on Monday, more than a week after the Oct. 19 vote took place.

28/10 Zero carbon ammonia for shipping faces cost, safety challenges

The first cargo ships that would be powered by ammonia are set to enter service in 2026, one of several alternatives the industry is tapping to shrink its carbon footprint.

25/10 Exclusive: Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday.

23/10 In Argentina's Vaca Muerta shale lands, it's drill, baby, drill!

Argentina's new market-friendly government and fears about oil supply from the Middle East and elsewhere are driving a drilling and production boom in Argentina's Patagonian south, home to the giant Vaca Muerta shale formation, Spanish for "Dead Cow".

11/09 Putin says Russia should consider restricting exports of uranium, titanium and nickel

Russian President Vladimir Putin said on Wednesday that Moscow should consider limiting exports of uranium, titanium and nickel in retaliation against the West.

11/09 New Orleans braces for Hurricane Francine; evacuations ordered

Hurricane Francine threatened New Orleans and the wider Gulf Coast as far east as the Alabama and Florida border on Wednesday, shutting down a quarter of oil and gas production in the Gulf while parishes across Louisiana issued evacuation orders.

11/09 In arid New Mexico, rural towns eye treated oil wastewater as a solution to drought

Flying over the desert landscape of southeastern New Mexico in a four-seat helicopter, Stephen Aldridge could count around a dozen man-made lagoons brimming with toxic wastewater glistening between drill rigs and pumpjacks.

10/09 About a quarter of US Gulf of Mexico oil and gas output shut due to Francine

About 24% of crude production and 26% of natural gas output in the U.S. Gulf of Mexico were offline as Tropical Storm Francine moved towards Louisiana, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday.

10/09 OPEC again lowers 2024, 2025 global oil demand growth view

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group's second consecutive downward revision.

10/09 Residents flee, oil firms shut offshore production as Storm Francine intensifies

Tropical Storm Francine began to rapidly intensify and was expected to produce a dangerous category 2 hurricane, forecasters said, prompting Louisiana residents to flee inland and oil and gas producers to shut-in Gulf of Mexico production.

09/09 Transition to cleaner fuels seen dragging on China's oil demand growth

China's shift towards lower-carbon fuels and a sluggish economy are dampening oil demand growth in the world's largest crude importer, speakers at the APPEC conference said on Monday.

07/09 Nigeria licenses first floating LNG plant for export and domestic use

Nigeria's oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas plant, to tap flared gas from an ExxonMobil oil field in the Niger Delta.

06/09 Exclusive: Russia raises forecast for 2024 oil, gas export revenues by $17.4 bln, document shows

Russia's economy ministry has revised up its 2024 forecasts for export sales of oil and gas, key sources of budget revenues, by $17.4 billion from the previous estimate to $239.7 billion thanks to a more positive price outlook, a document seen by Reuters showed.

04/09 US oil, gas M&A nears 2023 record, focus shifts away from Permian, Rystad says

U.S. oil and gas producers' appetite for dealmaking is closing in on last year's record, with rising interest in smaller oilfields offsetting slower activity in the top oil-producing Permian basin, analysts at consultancy firm Rystad said on Wednesday.

04/09 Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non-OPEC countries, Citi said in a note on Wednesday.

04/09 OPEC+ discussing delay to planned oil output hike in October, sources say

OPEC+ is discussing a delay in a planned output increase next month as oil prices hit their lowest in 9 months, three sources from the producer group told Reuters on Wednesday.

03/09 Putin gets lavish welcome in Mongolia despite ICC warrant

Russian President Vladimir Putin received a red carpet welcome on Tuesday on a state visit to Mongolia, whose failure to arrest him under a warrant from the International Criminal Court was criticised by Ukraine as a blow against justice.

03/09 Putin arrives in Mongolia, key link in planned gas pipeline to China

The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and China.

02/09 Exclusive: Egypt counts on foreign funds to buy gas as power crisis worsens

Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200 million to help Egypt ease its energy crisis this summer amid a steep decline in domestic gas output, two industry sources familiar with the matter said.

31/08 Exclusive: China's Sinochem plans to exit US shale JV with Exxon, sources say

Chinese state-backed oil and chemicals company Sinochem is planning to sell its 40% stake in a U.S. shale joint venture with oil major Exxon Mobil , valued upwards of $2 billion, people familiar with the matter told Reuters.

30/08 OPEC+ likely to proceed with planned output hike from October, sources say

OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for overproduction counter the impact of sluggish demand, six sources from the producer group told Reuters.

29/08 Exclusive: Shell plans wide cuts in oil exploration division, sources say

Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said.

27/08 Once-acquisitive Chinese oil giant looks to revive global dealmaking

CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing more from aging wells, the head of its research arm said.

27/08 Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake

Australia's Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat market expectations, sending shares up 4%.

24/08 Greta Thunberg, activists block parts of Norwegian gas processing plant

Swedish climate activist Greta Thunberg and campaigners from the environmental group Extinction Rebellion blocked a small oil terminal that is part of Norway's gas processing plant Kaarstoe on Saturday.

23/08 US sanctions 400 entities aiding Russia's war including Chinese firms

The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia's war effort in Ukraine, the State Department said, including Chinese companies that U.S. officials believe are helping Moscow skirt Western sanctions and build up its military.

23/08 Extreme weather and geopolitics to send UK energy bills up 10%

British energy regulator Ofgem on Friday raised its price cap on household energy bills by 10% from Oct. 1 to an annual level of 1,717 pounds ($2,250.64), a jump blamed on severe weather events and conflicts such as the war in Ukraine.

21/08 Uganda says it's exploring for oil in two new regions

Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the East African country's proven reserves of 6.5 billion barrels, its energy minister said on Wednesday.

21/08 Top US oilfield firm Halliburton hit by cyberattack

Top US oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter.

21/08 US oil export gains slow as output, global demand turn tepid

U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand remains sluggish.

21/08 Will Buffett's 'put' on oil firm Occidental halt share drop?

Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren Buffett's Berkshire Hathaway .

20/08 Exclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources say

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.

20/08 Senegal sets up commission to review oil and gas contracts

Senegal has set up a commission of legal, tax, and energy sector experts to review its oil and gas contracts and work to rebalance them in the national interest, Prime Minister Ousmane Sonko said on national television on Monday.

20/08 US oil, gas M&A activity jumped 57% last year amid industry consolidation

Dealmaking activity in the oil and gas industry increased 57% last year as energy companies boosted development spending, driven by higher cash flows from profits in prior years, according to a report released on Tuesday.

14/08 New drilling technology to put billions of barrels of oil in reach, analysts say

An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into production, analysts said.

14/08 Harris' energy policy is strategically ambiguous, her aides say

In the 25 days since Vice President Kamala Harris entered the race for the White House, she has kept energy executives guessing.

14/08 Texas oil regulator under scrutiny as zombie wells gush back to life

Oil well control specialist Hawk Dunlap has spent much of the last two-and-a-half years documenting a flurry of blow-outs and leaks across West Texas. It's an epidemic he says is being caused by low-quality plugging jobs approved by the regulatory body.

14/08 Germany asks Poland to arrest Ukrainian diver in Nord Stream probe, media reports

Germany has asked Poland to arrest a Ukrainian diving instructor who was allegedly part of a team that blew up the Nord Stream gas pipelines two years ago, according to reports in German media published on Wednesday.

14/08 US shale companies produce more crude using fewer rigs

Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the latest output numbers, which will boost global oil market supplies as OPEC also plans to unwind its output cuts later in the year.

12/08 Is it the end for Russian gas supplies to Europe via Ukraine?

Russia is still pumping natural gas to Europe via the war zone in Ukraine. Why?

12/08 Shell, PetroChina to expand Surat coal seam gas project in Australia

Shell and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British oil and gas giant said on Monday, amid calls for more investment to boost local energy supply.

12/08 Russia evacuates another border region amid growing threat from Ukrainian units

Russia on Monday evacuated parts of a second region next to Ukraine after Kyiv sharply increased military activity near the border just days after its biggest incursion into sovereign Russian territory since the start of the 2022 war.

10/08 Russia imposes security regime on three border regions after major Ukrainian attack

Russia imposed a sweeping security regime in three border regions on Saturday as Moscow scrambled forces to counter Ukraine's biggest attack on Russian sovereign territory since the start of the war in 2022.

09/08 Asia spot LNG prices remain at 7-month high amid Russian supply concerns

Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruption.

09/08 Global oil demand needs to rise faster to absorb OPEC+ hike

Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October, according to data, analysts and industry sources.

09/08 Recession risks roil markets but not yet alarming

Disappointing U.S. jobs data has shaken confidence in a soft landing for the world's largest economy, sending global equity markets tumbling and bets on interest rate cuts surging.

09/08 Vessel captain reports double attack off Yemen, UK maritime agency says

The captain of the Delta Blue crude oil tanker reported a double attack on the vessel off Yemen, with its crew reported safe, the United Kingdom Maritime Trade Operations (UKMTO) agency said in an advisory note on Thursday.

09/08 Survival of the fittest: Petrochemical makers battle global glut

Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for two consecutive years, forcing firms to consolidate.

07/08 US natural gas producers eye more output cuts as prices sink

Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the past two months.

07/08 Siemens Energy ups free cash flow outlook as turnaround gains speed

Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing stronger demand for its power grid technology and gas turbines as the group recovers from a major crisis at its wind division.

06/08 Debby pours more than a foot of rain on coastal Georgia, South Carolina

Tropical Storm Debby inundated coastal Georgia and South Carolina with a deluge of rain that could flood Charleston, Savannah and other cities on Tuesday, a day after it slammed into Florida's Gulf Coast as a hurricane.

06/08 Sempra posts higher Q2 profit on record-high temperatures

U.S. utility Sempra posted a rise in second-quarter profit on Tuesday, as it benefited from strong demand for electricity during the peak summer months.

05/08 Hurricane Debby takes aim at Florida's Gulf Coast, expected to slog up East Coast

Hurricane Debby is expected to slam into the Big Bend region of Florida's Gulf Coast by midday on Monday before slowly crossing the state, causing potentially dangerous storm surges and catastrophic flooding, the National Hurricane Center (NHC) said.

12/07 Japan builds gas markets in Asia to boost LNG trading, energy security

Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas as their demand for the fuel wanes in coming years, are scrambling to invest in regional markets to provide potential outlets to sell the gas.

12/07 Shell's bet on gas boom takes shape with string of deals

Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.

11/07 IEA sees oil demand growth slowing as China's share ebbs

Global oil demand growth will slow to just under a million barrels per day this year and next, the International Energy Agency said, as Chinese consumption contracted in the second quarter amid economic woes.

11/07 China is building two-thirds of new wind and solar globally, report says

Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal's generation share to new lows, research released on Thursday showed.