Oil prices fell on Thursday, following the announcement that China started using its internal strategic crude reserves in order to counteract the rising energy prices. Despite a drop in US crude and gasoline stocks, Brent oil lost 1.6% to end at $71.45 a barrel. WTI crude closed 1.7% lower at $68.14 a barrel.
read more... 10/09/2021
Gas suppliers have made renewable natural gas a central part of their pitch when offering end-users "green" tariffs, but there are still roadblocks to achieving truly "green" retail gas tariffs.
read more... 10/09/2021
The start date for commercial gas flows through the Nord Stream 2 gas pipeline from Russia to Germany will be dependent on approval from the German regulator, a senior Russian official said Sept. 9.
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Germany's regulated hydrogen grids will be allowed a higher return on equity than the operators of gas or power grids, according to draft legislation presented today by the ministry of economic affairs and energy.
read more... 09/09/2021
The oil and gas sector will continue playing a role in the energy transition for "decades to come," from decarbonizing operations to capturing emissions at industrial facilities, BP production and operations head Gordon Birrell told the Offshore Europe conference Sept. 7.
read more... 09/09/2021