China remains as tied as ever to fossil fuels, even as it adds more renewable power than any other nation. Last year, the share of coal and gas in power generation was stuck at 71%, the same as 2020. The world’s biggest polluter wants to peak its carbon emissions by …

ExxonMobil this week announced its ambition to achieve net-zero greenhouse gas emissions from its operated assets by 2050. That goal applies to the company’s Scope 1 and Scope 2 GHG emissions. “We are developing comprehensive roadmaps to reduce greenhouse gas emissions from our operated assets around the world, and where …

Gazprom’s gas deliveries to Europe dropped by 41.1 percent in the first fifteen days of January compared to the same period last year, the Russian gas giant said on Monday, in what Bloomberg estimates was the lowest daily export level since 2015. Gazprom’s natural gas exports to countries other than …

Qatar is all slated to regain its position as the preeminent and largest exporter of liquefied natural gas (LNG) by 2026 with the North Field (NFE) output coming on stream, according to the latest Qatar Economic Outlook (QEO) Qatar’s LNG exports competed with Australia’s for the first place in 2020, …

If there is a further escalation from Russia in Ukraine, Berlin together with its partners “will take joint suitable measures” against the Nord Stream II gas pipeline, Germany’s foreign minister warned on Monday. Speaking at a news conference in the capital Kyiv after meeting with her Ukrainian counterpart Dmytro Kuleba, …

Forecasts of frigid temperatures later this month sent U.S. natural gas prices surging in the middle of last week to above $4.85 per million British thermal units (MMBtu)—the highest level since November. If the cold snap expected over the next two weeks holds and forecasts for additional Arctic blasts this …

Indian state refiner Hindustan Petroleum Corp (HPCL.NS) will lift 45% more oil from Iraq this year to meet its expanded refining capacity, sources familiar with the matter said. The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd …

Saudi Arabia stressed that oil stability is paramount and said its alliance with the super group of producers has taken measures to ensure energy security. “We believe OPEC+ have done a lot in bringing about stability,” Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday at the Abu Dhabi …

The US government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two US officials and two industry sources said. The United States is concerned Russia is preparing for the possibility of a …

The new German government unveiled plans last week to massively increase the ambition of its national hydrogen strategy. There is just one caveat: fossil gas-based hydrogen likely won’t be included in subsidy schemes, despite demands from the oil and gas industry. Clean hydrogen is seen as a potential silver bullet …