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Germany is in crisis in the immediate aftermath of Russia’s energy giant, Gazprom, effecting a 60 per cent reduction in the amount of natural gas it supplies to the country. This appears to be the latest move by the Kremlin to punish Europe for sanctions and military support for Ukraine. …

In a rare joint letter, the heads of France’s three largest energy companies have urged the French to use less energy in anticipation of even worse supply. “We need to work collectively to reduce our consumption in order to regain room to manoeuvre,” the chief executives of TotalEnergies, EDF, and …

According to some media sources, G7 leaders are expected to discuss a revival of the Iran nuclear deal – which might lead to more Iranian oil exports. Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come …

Saudi Arabia’s Finance Minister has called on the Organization of the Petroleum Exporting Countries to fund more green transformation projects, in the wake of oil giant Aramco pushing ahead with solar and wind energy developments. Speaking at the ministerial meeting of the OPEC Fund for International Development in Austria, Mohammed …

A majority of Danish MPs has agreed on measures to massively boost renewables production by 2030, while also phasing out natural gas for residential heating by 2035, the government said over the weekend. The deal would pave the way for a five-fold increase in offshore wind capacity to 12.9 GW …

European Union governments are confronting the risk of a splintering energy market as Russian cuts in natural-gas supplies test EU unity in response to the war on Ukraine. An increase in gas supply disruptions following EU sanctions on Russia is prompting member countries to step up winter preparations as they …

China’s first intelligent factory for the production of offshore gas and oil extraction equipment was put into operation on Sunday, marking a breakthrough in pivoting the industry to intellectual manufacturing. Covering an area of about 575,000 square meters, the factory has three intelligent production centers, seven auxiliary workshops and eight …

Pakistan ranks 29th among the countries holding natural gas reserves. This was revealed in the findings of a gas monitor report presented by Dr Amanullah Mahar, Director Center for Environmental Sciences, University of Sindh, Jamshoro. He said total extractable potential is reported around 24 TCFT, however, 4 billion cubic feet …

Deep Sea No. 1, China’s independently developed, ultra-deepwater gas field, has produced more than 2 billion cubic meters of natural gas by Saturday since it was put into operation one year ago, its operator China National Offshore Oil Corporation (CNOOC) said on Saturday, the Xinhua News Agency reported. The gas …

Iran’s Oil Ministry on Saturday announced that the country’s production of crude gas, for the first time ever, surpassed 1,000 million cubic meters a day during last Iranian year (ended March 20, 2022). The ministry said that the achievement was made due to a jump in gas production at the …