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The impact of the blockage of the Suez Canal by a giant container ship will be minimal, while oil prices may increase in the short run, Managing Director of Branko Terzic & Associates LLC, who used to serve as a commissioner on the US Federal Energy Regulatory Commission, said on …

The United States just wants its allies to understand its position on Nord Stream 2 pipeline, which is set to carry gas from Russia to Europe, and it’s “unfortunate” that the project became a contentious point, US Secretary of State Antony Blinken told CNN. Washington has repeatedly shown its displeasure …

The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6% increase in Iran’s annual sweet gas production. “Fortunately, despite the embargos imposed on the country and obstacles caused by the coronavirus outbreak, growth and development did not stop in Iran and we continue to …

Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview that aired on Saturday. The minister said he expected the contract to be finalized before July. …

The United States shale industry’s era of “newfound prudence” could be coming to an end. After a devastating 2020 for U.S. oil, the mood in the shale sector has been historically reserved, with drillers focused on balancing their books and getting into the black before overextending with new exploration. This …

The controversial Nord Stream 2 natural gas pipeline project will definitely be completed this year, Viktor Zubkov, chairman of the board of directors of Russia’s gas giant Gazprom, said on Friday. “The active work is underway, with quite a bit remaining to be done,” Zubkov told reporters, as carried by …

The Environmental Protection Agency (EPA) is underestimating methane emissions from oil and gas production in its annual Inventory of U.S. Greenhouse Gas Emissions and Sinks, according to new research from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS). The research team found 90 percent higher emissions …

The Gas Exporting Countries Forum (GECF) is supporting the EU’s intention to consider gas as a sustainable source of energy under the new green labelling system. This was announced by HE Yury Sentyurin, Secretary General of the association of 19 leading gas-exporting countries while speaking as a keynote at the …

Russian energy giant Gazprom is planning to start hydrogen exports to China, South Korea and Japan, the company’s First Deputy Oleg Aksyutin wrote in his column in the latest issue of business and science magazine Energy Policy. According to the senior manager, the shipments of hydrogen could be supplied to …

Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and represented the 685th …