The chancellor of Germany claims to be moving quickly to discover alternatives to Russian gas.

As pressure increases on his government to find solutions to address an impending crisis, the German chancellor, Olaf Scholz, has said he is working as quickly as he can to free Germany from its dependence on Russian gas and pursue other energy suppliers.

On the first day of a three-day...

The price of natural gas has increased significantly in both the US and the EU during the past year

The cost of natural gas for US consumers has increased by more than treble in the last year. According to the Energy Information Administration EIA, natural gas generates around 38% of the electricity used in the US.

Additionally, natural gas is used to heat both the water and space in ...

Request U.S. & Australian LNG

Minister of Economy, Industry, and Trade in Japan, Koichi Hagiuda stated on Tuesday that he will reiterate his request that the United States and Australia increase their production of liquefied natural gas (LNG) and ensure a stable supply to the country when he meets his counterparts in Sydney l...

No EU-related miracle drug

The energy-starved Europe can receive more gas from Algeria, Egypt, and Israel, but this will only reduce its reliance on Russian imports to a certain extent.

It is important to recognise the importance of North Africa in the commerce of natural gas. North Africa had a key role in revol...

The Gas and Oil Industry of Australia will be Doubling the Royalties

An estimate of 6 billion Australian dollars of royalties will be delivered by the oil and gas industry of Australia to the Queensland Budget in the upcoming 5years. This will result in the community directly benefiting from the LNG export projects of Queensland.

Revenue from the oil and...

Credible Opportunity for Australia’s Zero Emissions LNG

A road map for the future of LNG exports in Australia has shown that the sector can transition towards net-zero emissions that will benefit both environment and business.

While speaking at the 2022 APPEA Conference and Exhibition, the Vice President of Energy and Chemicals, Peter Cox, s...

Santos reports recording sales and volumes following the merger, as well as high natural gas prices

Since completing a merger with Oil Search Ltd. in December, the producer has reported its first full quarter of earnings. The addition of liquefied natural gas (LNG) and oil assets in Papua New Guinea and Alaska, according to management, boosted volumes and sales numbers over time.

Acco...

Australian LNG will not solve Europe's gas issue

Weeks before Russia attacked Ukraine, but while it was still limiting gas supplies to Europe amid growing demand and prices, Prime Minister Scott Morrison said that Australia, with its massive liquefied natural gas export sector, might step in and help. One of the advantages of LNG cargo over fix...

Why LNG Will Not Be a Complete Replacement for Russian Gas in Europe

Over the previous three months, Europe has become the largest consumer of US liquefied natural gas producers, accounting for more than half of all US sales. However, LNG from the United States, as well as LNG from other sources, would only give temporary assistance.

For starters, all LN...

Will Australia's gas prices rise if Russia's supply is disrupted

As economic sanctions on Russia become more severe, efforts have been made to separate crucial energy exports from the mix. This may be just wishful thinking.

Last week, US Vice President Joe Biden stated sanctions on Russia were "particularly designed to allow energy payments to c...

Global LNG supply expected to remain constrained, BHP

The worldwide LNG market's tight supply scenario is expected to last through the second half of the fiscal year 2021-22, according to BHP, but prices may fall quickly if fresh supplies materialise.

In a blog post, BHP vice-president of market analysis and economics Huw McKay stated ...

Shell Prepares Itself for Drilling Campaign in Australia

European energy giant, Shell plans on drilling additional wells in the Surat Basin in Queensland, Australia for increasing supply for the country’s domestic market and the QCLNG export terminal.

On Tuesday, the GC business of Shell said that it intended on drilling and connecting ...

Increased Gas Prices in Europe Lure LNG Cargoes from the US

The energy crisis in Europe is nowhere near over. With no signs of Russia backing away its troops from Ukraine or reversing the gas flow in the Yamal-Europe gas pipeline that has resulted in a much-reduced supply of natural gas to the continent, the European Union has been left in an awful state ...

US Is Currently the Highest Exporter of LNG in the World

The energy crisis in Europe and the shortages in China have increased the demand for American shipment of liquefied natural gas leading the country to become the top exporter of LNG surpassing Qatar and Australia.

For the first time, the US exports of LNG surpassed 7 million tonnes in D...

Shell Continues to Pursue Opportunities Despite LNG Troubles

Royal Dutch Shell has said that it will be working to regain shares worth 7 billion dollars from the sale of its shale business in the US due to outages of liquefied natural gas and reduced sale of fuels because of the restrictions imposed because of the Omicron variant.

Shell is the la...

Shell Could Have Faced a Catastrophic Failure When Power Ran Out at FLNG Facility

Local Australian media has reported that Shell’s Prelude FLNG facility offshore Western Australia had a power issue that led to the increased risk of catastrophic failure last month.

The full investigation report by the country’s safety regulator, the National Offshore Petro...

Qatar’s Increased Revenue from Oil and Gas

Qatar is one of the largest exporters of LNG in the world. The country has planned to increase its public spending from the revenue gained from these exports. 

The shortage of oil and gas supply and economic recovery around the world has led to the oil prices reaching new heights. ...

US Becomes the Greatest LNG Exporter

The output from the LNG facilities in the United States outpaced Qatar for the first time in December. Although the achievement could be short-lived, it was brought about by the shortage of gas supply from the Russian pipeline to Europe.

A revolution in shale gas and investments worth b...

Keppel and Shell Promoting LNG in Singapore

The joint venture of Keppel O&M and Shell, FueLNG, is promoting liquefied natural gas in Singapore. It has driven carried out more than 460 operations in 2021 including bunkering from ship-to-ship and truck-to-ship, and operations from truck to industry.

FueLNG shall also commence s...

Shell’s Prelude FLNG Remains Shut

NOPSEMA, an oil and gas safety regulator in Australia has asked Shell to keep its Prelude FLNG facility shut until it is proven that the oil and gas giant can keep the facility running smoothly and properly powered. Shell also has to ensure NOPSEMA that the safety systems onboard were operational...