Energy Newswatch: Oil
ICYMI - Russia's Novak expects oil output to shrink up to 8.4% this year
26 May 2022 20:30:46 UT
Overnight item from Reuters ICYMI, conveying remarks from Russian...
Seven more oil wells leaking explosive methane near Bakersfield, bringing total to 13
26 May 2022 19:32:24 UT
Seven more oil wells were discovered leaking methane in a Bakersfield neighborhood, near an elementary school, a children's center and homes, state inspectors reported Wednesday. In...
California drought will decrease hydropower, increase natural gas use and CO2 emissions
26 May 2022 19:37:43 UT
North Sea oil and gas producers hit back at Sunak’s £5bn windfall tax
26 May 2022 19:27:39 UT
North Sea oil and gas operators including BP have hit back at Rishi Sunak’s £5bn windfall tax on the sector, warning it was a “multiyear” assault on their profits that would “drive away investors”...
US seizes Iranian oil shipment near Greek island – sources
26 May 2022 18:47:52 UT
  LONDON/ATHENS, May 26 (Reuters) – The United States has confiscated Iranian oil held on a Russian vessel near Greece and will send the cargo to the United States on another vessel, three sources...
Reaction to Government’s announcement of a windfall tax on excess oil and gas profits
26 May 2022 18:29:42 UT
In response to the government’s announcement of a windfall tax on excess oil and gas profits to address the soaring cost of living crisis, Sam Nadel, Oxfam’s head of government relations...
EU Discussing Israeli LNG Imports
26 May 2022 18:17:58 UT
The European Union is in talks with Israel to start importing Israeli natural gas that would be liquefied at...
South Korea’s POSCO to buy LNG supplies from US LNG exporter Cheniere: company
26 May 2022 17:00:51 UT
An affiliate of South Korea’s POSCO has agreed to buy 400,000 mt/year of LNG from Cheniere Energy under a 20-year deal, the biggest US LNG exporter said May 25. The volumes will be bought on a...
The Outlook for Australia’s Oil and Gas Industry
26 May 2022 17:43:31 UT
A look at Australia’s fossil-fuel industry should be put in a global context, and in viewing the oil and gas industry globally, it’s worthwhile to draw parallels to a theory about human motivation...
The U.S. Needs Clean Energy, Not More Oil and Gas Leasing
26 May 2022 17:10:00 UT
Amid a worsening climate crisis, senseless war in Ukraine, and soaring energy prices, some are calling for the Secretary of the Interior to conduct new offshore oil and gas leasing in the next...