Free Top Stories

EU gas prices tumble in lull before the storm

25 October 2022

Gas prices have been falling fast in the last few weeks as EU storage tanks are nearly full.

Dirty bombs and exploding dams: Moscow claims Kyiv is plotting to kill its own citizens in baseless false-flag accusation

25 October 2022

Moscow accuses Kyiv of plotting to detonate a “dirty bomb” in a false-flag attack on its own territory, despite not providing any evidence to prove the claim.

LatAmOil: Guyana to reserve offshore blocks for bilateral partnerships

25 October 2022

Guyana intends to set some sections of its offshore zone aside for partnerships with other countries under bilateral accords rather than including them in competitive licensing rounds.

DMEA: Russian fuel deliveries to Middle East remain high in September

25 October 2022

Russia continued to deliver higher than usual volumes of petroleum products to buyers in the Middle East in September, even though deliveries dropped month on month.

AfrOil: Museveni defends Uganda’s oil development plans

25 October 2022

Uganda’s President Yoweri Museveni has said that his government is committed to reaching carbon neutrality by 2050 but does not expect fossil fuel consumption to be eliminated completely.

Unusually warm autumn boosting Europe in its energy battle with Putin

25 October 2022

Delay to onset of heating season helping to protect European gas stocks despite weak flows of Russian gas.

Kosovo’s KEDS deploys drones to monitor power distribution network

24 October 2022

The drones were activated above the Keqekolla and Restelica 10 kV lines, where the mountainous terrain is difficult to monitor from the ground.

Russian strikes damage over 50% of Ukraine's energy facilities, cutting power to 1.4mn households

24 October 2022

More than half of Ukraine’s energy facilities have been damaged after massive Russian strikes over the weekend, Ukraine Business News reported on October 24.

Moldova faces power blackouts after Transnistria halves electricity supplies

24 October 2022

Gazprom cut gas deliveries to pro-Russian separatists in Transnistria, whose power plants supply electricity to all of Moldova.

ENERGY CRISIS: Gas prices down but restocking EU tanks in 2023 looks more difficult than 2022

22 October 2022

Gas prices in Europe have been tumbling thanks to a combination of gas tanks 93% full, mild weather in October, a significant reduction in consumption and an economic slowdown in China. But that won’t last once the cold weather arrives.

Will Europe's energy supply allow it to make it through the winter?

20 October 2022

Europe has filled its gas storage facilities to close to 95% of capacity, and prices are substantially down from previous spikes. How the continent’s energy system will fare this winter, however, will depend on a number of factors.

Iran unrest spreads to sugar factory, gas workers might be striking too

20 October 2022

Reports indicate that, while persistent, protests have become scattered. Widespread industrial action would give protesters fresh momentum.

NorthAmOil: Diamondback to acquire FireBird for $1.6bn

19 October 2022

Diamondback Energy has announced a major Midland Basin acquisition, having agreed to purchase the Permian driller FireBird Energy for $1.6bn in cash and stock.

Nigeria’s Oilserv shows interest in building gas pipelines to Morocco, Algeria

19 October 2022

Oilserv, one of Nigeria’s largest oilfield services providers, is ready to participate in either of the two major natural gas pipeline projects that the national oil company (NOC) is considering.