Wildfires Shut Down 350,000 Bpd of Alberta Oil Output
Canada’s Alberta province is facing one of its worst early-season wildfire crises in recent memory, with industry officials confirming on Monday that over 50% of the province’s oil production has…
Oil Soars 4% As Ukrainian Drones Override OPEC+ Hikes
Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions, and the aftermath of a massive Ukrainian drone strike on…
Brazil Seeks $6.2B from Oil Industry to Shore Up Finances
Brazil’s energy ministry has proposed measures to raise around 35 billion reais ($6.2 billion) from the oil industry over the next two years to help the government meet its fiscal…
Webinar: Explore the role of gas detection as hydrogen grows
The next gasworld webinar (6 June) explores the evolving energy landscape, particularly the growing role of hydrogen as a cleaner alternative to natural gas, and various leak detection and repair…
Carney Vows to Fast-Track Canadian Energy Projects
During a meeting with oil and gas executives in Canada’s oil-producing province of Alberta, Canadian Prime Minister Mark Carney pledged that the federal government would work to fast-track major projects…
Trump Administration to Roll Back Biden’s Curbs on Alaska Oil Drilling
The Trump Administration is working to roll back the severe restrictions on oil and gas drilling in Alaska imposed by the Biden administration, Interior Secretary Doug Burgum has said. The…
Turkey Partners With Socar and BP in Azeri Caspian Sea Gas Field
Turkey’s state energy firm TPAO will sign a partnership deal with UK-based supermajor BP and with Azerbaijan’s state oil and gas company Socar for the development of a natural gas…
Russia’s Pipeline Gas Supply to Europe Rose in May
Russia’s natural gas deliveries via pipeline to Europe jumped by 10.3% in May compared to April, data calculated by Reuters showed on Monday. Last month, Russia’s gas giant Gazprom sent…
Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon
The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production by the end of the year, according to Kazakhstan media.…
Policy holds key to decarbonising grid with cryogenics, says Highview Power CEO
The UK’s policy frameworks have helped to unlock an opportunity in cryogenic gas that will lead to the gradual phase-out of gas-fired power plants in the UK in the decades…
