Sao Paulo - The Brazilian government selected Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil giant Petrobras' board. The Mines and Energy Ministry also confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras' chief executive
Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it seeks to keep the energy lifeline from Russia open. He played a critical role in establishing the energy bond between the countries
Snam and Golar LNG Golar signed a contract through which Golar will deliver the existing LNG Carrier “Golar Arctic” as a floating storage and regasification unit (FSRU) that Snam will install in the port area of Portovesme
Germany plans to work with Senegal on the development of an offshore gas field amid the severe impact the war in Ukraine is having on global energy supply and prices. The update came as the German Chancellor Olaf Scholz this weekend started his tour of several African nations
Iraq's oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control over its oilfields and led to an exodus of international oil majors that Baghdad wants to invest in its creaking economy
Beirut - The Lebanese government has issued licences to 11 companies to construct solar power plants capable of producing 15 megawatts each, energy minister Walid Fayyad said on Thursday. The companies would have a year to secure funding
The world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency (IEA) said on Thursday, in a U-turn after it predicted a possible "global supply shock" in March
Germany's economy ministry will provide details on alternatives to some Russian gas import volumes later on Thursday, Economy Minister Robert Habeck said, after subsidiaries of a large player, state-supervised Gazprom Germania, have become subject to Russian sanctions
Bulgaria will receive U.S. liquefied natural gas (LNG) supplies from June to help it after Russia's Gazprom cut off gas deliveries, the government said on Wednesday. The arrangement was agreed at a meeting between Prime Minister Kiril Petkov and U.S. Vice President Kamala Harris in Washington
Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kiev halted use of a major transit route blaming interference by occupying Russian forces, the first time exports via Ukraine have been disrupted since the conflict began
Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal's Alqueva reservoir in preparation to start up Europe's largest floating solar park in July
Germany has started filling the huge Rehden gas storage facility abandoned by Russia's Gazprom, the site's state-appointed manager said on Thursday, as Europe's biggest economy looks to guard against the risk of Moscow turning off supplies
The European Union has proposed a phased embargo of Russian oil but could find it tricky to implement, given Europe's complex distribution network and challenges in tracking crude once it is blended or refined
Tokyo - Japan would face "difficulty" to immediately follow a move to cut off Russian oil imports over the invasion of Ukraine, its minister of economy, trade, and industry Koichi Hagiuda said on Thursday. Hagiuda made the remark during a visit to Washington
Seoul - POSCO plans to expand its oxygen and nitrogen storage facilities to explore the industrial gas market in earnest. Korea’s top steelmaker broke ground on its oxygen factory in Pohang on Wednesday to build additional gas tanks
The EU said on Thursday buyers of Russian gas could avoid breaching sanctions if they declare purchases complete when they have paid in euros or dollars, but there may be no workaround if Moscow insists they also use a rouble account for the transaction
The consortium Green Fuel Alliance is led by EDF Renewables, a global player in renewable energy, and the UAE-based Zero Waste, a company specialized in developing projects in the Egyptian oil & gas, and power generation industries
Uniper will transfer payments for Russian gas to a Russian bank and no longer to a Europe-based bank, the German power utility told newspaper Rheinische Post on Thursday: "The plan is to make our payments in euros to an account in Russia," the daily paper cited a Uniper spokesperson as saying.
Russia's Gazprom has halted gas supplies to Bulgaria and Poland, reviving European supply concerns as Russia and the West clash over Moscow's demand for payments in roubles. Poland and Bulgaria have long-term gas deals with Gazprom that expire at the end of the year
German climate activists turned off crude oil pipelines at five locations on Wednesday, demanding the country look for other ways to reduce its dependence on Russian gas than starting new fossil fuel-based infrastructure projects such as deep-sea drilling
Oslo - Norway's Vaar Energi is currently producing as much natural gas as it can, and does not foresee a further increase in output in the short term, its chief executive told reporters on Wednesday. At the moment, the company directs as much gas as possible to the European continent
Athens - Greece will offer help to Bulgaria after Russia cut off its gas supply, Prime Minister Kyriakos Mitsotakis told his Bulgarian counterpart on Wednesday. The two leaders discussed the issue by phone
Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100% renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change
European companies may be able to work around Russia's demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then converted into the Russian currency, the European Commission said on Friday
Nigerian billionaire Aliko Dangote said on Friday his 650,000 barrel per day oil refinery is expected to be commissioned next year, before President Muhammadu Buhari's presidential term comes to an end
Moscow - Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine. The London-listed company is in joint talks with Chinese state-run oil companies
Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country's leading economic institutes said on Wednesday, and the government said the war in Ukraine poses "substantial risks" for Europe's largest economy
London - Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow's invasion of Ukraine, but the European Union remains divided. The bloc's 27 members have been unable to agree on an embargo
The "Argo FSRU" project in Volos port, developed by Mediterranean Gas, has been greenlighted by Greece’s Regulatory Authority for Energy (RAE). Mediterranean Gas, a Greek energy utility company that is behind the project, that has the ambition to become the LNG and energy hub
Oil producers who felt like outcasts at the COP 26 climate conference last year are now being treated like superheroes because their supplies are in strong demand, UAE energy minister Suhail al-Mazrouei said on Monday at an industry event
Italy is looking to install two floating storage and regasification units (FSRU) to boost liquefied natural gas (LNG) imports as part of plans to cut reliance on Russian gas, Italy's energy transition minister said on Tuesday
Ankara - Natural gas cooperation is among the most important steps Turkey and Israel can take amid a bid to repair ties and Israeli Prime Minister Naftali Bennett could visit Turkey, President Tayyip Erdogan was cited as saying on Friday
The United States will work to supply 15 billion cubic metres (bcm) of liquefied natural gas (LNG) to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies, the transatlantic partners said on Friday
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife
Germany's economy ministry wants to halve the country's dependence on Russian oil by the summer and have no Russian hard coal imports by the autumn, it' said in a ministry memo. The move comes as Western nations aim to present a united front against Russia
China's top economic planner announced a target on Wednesday to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term
Mexico City - Flaring by the energy sector in Mexico hit record levels last year while the number of sites where gas is burnt off also rose despite government pledges to reduce such activity, research by a leading team of scientists showed
British Prime Minister Boris Johnson will meet with nuclear industry leaders on Monday to discuss how to accelerate the launch of new plants ahead of an energy security strategy to be released before the end of the month
State-run Coal India, the world's largest miner of the fuel by output, plans to become a net-zero carbon emitter in three to four years, its chairman, Pramod Agrawal, said on Monday. The firm's foray into renewable energy
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia' s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday
U.S. and Venezuelan officials discussed the possibility of easing oil sanctions on Venezuela but made scant progress toward a deal in their first high-level bilateral talks in years, five sources familiar with the matter said, as Washington seeks to separate Russia from one of its key allies
Exxon Mobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine. The decision will see Exxon pull out of managing large oil and gas production facilities on Sakhalin Island
Russia would be ready to re-route supplies to other markets should new Western sanctions target its energy companies, finance minister Anton Siluanov said on Wednesday. Siluanov did not say how Russia would divert its energy exports
A $27 billion deal between France's TotalEnergies and Iraq that Baghdad hoped would reverse the exit of oil majors from the country has stalled amid disputes over terms and risks being scrapped by the country's new government
Riyadh - Saudi Arabia is planning to list more shares in Aramco and is targeting a stake sale of as much as $50 billion, the Wall Street Journal reported on Friday, citing people familiar with the oil giant's strategy. The state-owned company has held talks with outside advisers about selling more shares on the Riyadh stock exchange as well as a secondary listing
Moscow - President Vladimir Putin unveiled a new Russian gas deal with China at a meeting with President Xi Jinping in Beijing on Friday, promising to increase Moscow's far east exports at a time when Putin is at odds with European customers over Ukraine
Households across Europe are facing much higher energy bills this year and beyond due to a global surge in wholesale power and gas prices, with consumer groups warning that the most vulnerable in the region could be hit by fuel poverty
The United States, the world's top natural gas producer, has asked Qatar and other major energy producers to divert gas supplies to Europe if Russia attacks Ukraine and the United States imposes sanctions on Russia
Norway's Hammerfest LNG plant faces a further delay to restarting production after a fire in 2020, operator Equinor said on Monday, delivering a fresh blow to hopes of securing more gas for Europe to help reduce surging prices
Singapore - China reported the first imports of Iranian crude oil in a year despite ongoing sanctions by the United States government, according to data released by customs on Thursday. China brought in 260,312 tonnes of Iranian crude oil in December, according to data from the General Administration of Chinese Customs
Russia's Gazprom has rejected Moldova's request to reschedule its January gas payment, forcing the country to introduce a state of emergency in its energy sector, the government said on Wednesday
Ankara - The United States has pulled its support for a subsea pipeline that would supply natural gas from the eastern Mediterrean to Europe because it makes no economic sense, Turkish President Tayyip Erdogan was cited as saying on Tuesday
Beijing - Afghanistan's ambassador to China, Javid Ahmad Qaem, left his post earlier in January after months without pay from Kabul following the Taliban's seizure of power, he said on Twitter. Qaem said that many diplomats at the embassy had already left
Libreville - Gabon's oil workers' union and water and electricity workers' union began a general strike on Tuesday in protest against COVID- 19 restrictions and the cost of PCR tests, they said: "We hereby inform you of the launch of an unlimited general strike which will cover all companies in oil and related activities, water and electricity sectors throughout the national territory," said a statement signed by the striking trade unions
Copenhagen - Shipping giant Maersk is undertaking what may be one of the first retrofits and testing of a heath recovery power system aboard one of its containerships in collaboration with a Swedish technology company Climeon that is developing heat recovery systems for marine and other applications. The demonstration project is one of the techniques Maersk is exploring as it seeks to take a leadership role in developing new technologies to improve efficiency
Tokyo Electric Power Co (Tepco) will launch remedial works at the stricken Fukushima Daiichi nuclear plant to strengthen an ice wall intended to halt the flow of groundwater after testing indicated partial melting. The work could begin as early as the start of December, according to a presentation from the plant operator dated Thursday, part of a costly and troubled effort to secure the site following the 2011 earthquake and tsunami
Moscow - Russia has agreed to continue selling Serbia gas at the current price of $270 per 1,000 cubic metres over the next six months, TASS news agency quoted Serbian President Aleksandar Vucic as saying on Thursday after he met with President Vladimir Putin. Vucic asked Russia last month for "favourable“" gas prices
Beijing - China will look into methane emissions in key industries, including coal mining, agriculture and petroleum, and publish a nationwide methane emission control action plan, the environment ministry said on Thursday
Brussels - A feed additive that reduces emissions of potent greenhouse gas methane from cattle could be the first of its kind to come to market in Europe after receiving a positive assessment on Friday from the European Food Safety Authority (EFSA)
Singapore - Governments from some of the world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices
Berlin - Polish Prime Minister Mateusz Morawiecki said on Thursday Germany should stop the Nord Stream 2 gas pipeline from Russia to Europe if it wants to work for peace, linking the project to his country's handling of migrants on the Belarus border
Abu Dhabi - Energy producers gathered in Abu Dhabi following the Cop26 U.N. climate talks called on Monday for greater inclusivity that would see more investment in hydrocarbons for energy security as they work to reduce emissions while developing their economies
Dubai - UAE Energy Minister Suhail al-Mazrouei said on Monday that all indications point to an oil supply surplus in the first quarter of 2022 and he expected OPEC+ would likely stick to current production policy when it next meets in early December. OPEC and its allies agreed earlier this month to stick with plans to raise oil output by 400,000 barrels per day (bpd) from December
Paris - EDF said on Friday it would no longer cut off French retail customers' electricity supplies for unpaid bills, extending a winter truce introduced by the regulator amid rising energy costs. The state-owned French company said that instead of cutting off supplies it would reduce power levels to a guaranteed minimum level
Moscow - Gas flows on the Yamal-Europe pipeline between Russia and Germany flowed eastbound for the third day running on Monday before stopping completely, data on German transmission company Gascade's website showed
London - The COP26 climate conference in Glasgow ought to agree a definition for blue hydrogen to help producers trade it, the CEO of gas infrastructure group Snam said on Saturday: "At COP26 we need to define what blue hydrogen means"
Doha - Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand: "We are maxed out as far as we have given all our customers their due quantities," Qatar's energy minister Saad al- Kaabi said
Dubai - Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have: "We have plenty of cash" Chief Executive Saad al-Kaabi said on Monday, indicating the Qatari firm would not follow in the footsteps of Gulf rivals which have sold assets
London - Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business, while industry groups called on Thursday for government action to ensure there is no supply interruption this winter
London - The British government plans to sell a minority stake in a new nuclear power station to institutional investors or float it on the stock market, to remove China General Nuclear Power Group from the project. The state-owned Chinese company has a 20% stake in the proposed Sizewell C nuclear plant in Suffolk
Kyiv - A senior U.S. envoy said on Saturday he had delivered reassurances to Ukraine and Poland on mitigating any threat posed by Russia's Nord Stream 2 gas pipeline, but that the project was now a "reality"
Tripoli - Loading operations at the Libyan oil terminals of Es Sider and Ras Lanuf resumed on Friday after a stoppage, National Oil Corporation and two engineers at the ports said. Exports were still halted at a third terminal, Hariga, where people have blocked loading operations, an engineer there said. Libyan oil output has been over 1.3 million barrels per day for much of 2021
Moscow - Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, allowing Russia to potentially double lucrative gas exports to Europe via the Baltic Sea while bypassing and cutting off a source of income for political foe Ukraine
Una prima norma quadro potrebbe rientrare nel ddl concorrenza ma il lavoro è ancora da mettere a punto.
The Coast Guard has been conducting flyovers off the coast of Louisiana looking for spills. It is providing information to federal, state and local authorities responsible for cleaning the sites.
The EU has set itself a target of cutting net emissions by 55% by 2030 in an effort to limit global warming to well below 2 degrees Celsius above pre-industrial levels, as set out in the landmark 2015 Paris Agreement.
London - Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a "decisive shift" towards meeting U.N.-backed climate goals
Oslo - Norway's oil and gas industry is counting on renewable power from hydro plants to cut emissions from its offshore platforms but rival demand from the green economy is putting a spanner in the works
Paris - French power group EDF said on Monday it had been informed of a build-up of inert gases at its nuclear power station in China, and had called for a meeting with its Chinese partner to review data on the plant. CNN reported on Monday that the U.S. government had spent the past week assessing a report of a leak at the Taishan power plant in Guangdong province run by a joint venture between EDF and China General Nuclear Power Group (CGN)
Jerusalem - The first cargo ships from Dubai that docked last year in the Mediterranean port of Haifa were met by celebration in Israel. Flags waved. Reporters gathered. The prime minister walked the pier and gave a speech about the fruits of making peace
Oslo - Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the outgoing centre-right government said as it presented its long-term energy strategy on Friday. Europe's second largest oil and gas producer will continue to hold regular licensing rounds
Berlin - Germany said Ukraine should remain a transit country for Russian gas, after President Vladimir Putin said it would depend on the former Soviet republic showing "goodwill" towards Moscow
London - OPEC+ oil producers agreed on Tuesday to stick to the existing pace of gradually easing supply curbs through July, as they sought to balance expectations of a recovery in demand against a possible increase in Iranian supply. The Organization of the Petroleum Exporting Countries and allies - known collectively as OPEC+ - decided in April to return 2.1 million barrels per day (bpd) of supply to the market during May through July
Washington - Colonial Pipeline does not plan to pay the ransom demanded by hackers who have encrypted its data, according to sources familiar with the company's response on Wednesday. The hack prompted a pipeline shutdown that is now in its sixth day and has led to panic buying and gasoline shortages in the southeastern United States
Yangoon - Myanmar's military rulers have approved new investment in projects worth nearly $2.8 billion, including a liquefied natural gas (LNG) power plant that will cost $2.5 billion, the country's investment body said. Approvals for 15 projects were given on Friday by the Myanmar Investment Commission, according to a statement on the website of the Directorate of Investment and Company Administration
Abidjan - A drop in electricity generation in Ivory Coast and Ghana has left households and businesses fuming as well as cutting power supplies to neighbouring West African countries Mali and Burkina Faso, officials said. A prolonged dry season has reduced water levels at hydropower dams in both countries that in some cases could take months to resolve
Prices are supported by continued production restraint by OPEC+ and a strong business cycle upturn across most of North America and Western Europe.
Tensions in the region have escalated since a U.S. Navy strike group entered the South China Sea on Sunday. That came after the president of the Philippines, a U.S. ally, voiced concern about Chinese vessels massing in Manila's 200-mile (320-km) exclusive economic zone.
Qatar Petroleum is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further
Total restarted the large crude distillation unit at its 225,500 barrel-per-day (bpd) Port Arthur, Texas refinery
"We are talking about an unparalleled difficulty in recent times," said Jesus Rodriguez, president of the chamber of commerce for the central city of Puerto Cabello, home to Venezuela's largest container port.
The event began last week during a winter storm, which made it harder to see the tar approaching and deal with it at sea, Israeli officials said
London - National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails to meet the Paris climate goals, a non-governmental organisation said on Tuesday. In a new report called Risky Bet, the Natural Resource Governance Institute (NRGI) estimated that NOCs could invest $1.9 trillion over the next ten years
Moscow - The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington. Construction of the link, which would double the capacity of the existing Nord Stream pipeline to 110 billion cubic metres of gas per year, was suspended in December 2019 due to the threat of sanctions from Washington
Under sanctions, Iran has tended not to release official data on oil or product exports, a mainstay of its economy. Iranian oil exports were as high as 2.8 million barrels per day (bpd) in 2018 but fell to 300,000 bpd in 2020, assessments based on tanker tracking show
The German state of Mecklenburg-Vorpommern plans to set up a foundation to help the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany
Asian spot prices for liquefied natural gas (LNG) jumped nearly 50% this week to a record high, based on available data going back to 2009, as logistical issues disrupt supply to the world’s top consuming region
Pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, has left the German project hub of Mukran and is heading to the Russian port of Kaliningrad
Seoul - South Korea's antitrust regulator said Wednesday it has fined a French engineering company 12.5 billion won (US$11 million) for its unfair tie-in sales to South Korean shipbuilding clients
Chennai - The Indian units of Singapore-based Sembcorp Industries and Saudi Arabia-based Aljomaih Holding won government auctions to sell solar power for a record low of two rupees ($0.0270) per kilo watt hour (kWh), sources said
