The EU plans to introduce mandatory sustainability criteria for all projects and to end support for new natural gas and oil projects.

In Asia, net-zero carbon ambitions will likely require US LNG to arrive in the form of certified low- or carbon-neutral cargoes,

U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).

S Korea's LNG demand has been on the rise on hopes of a postpandemic economic recovery as well as the shutdown of a few nuclear reactors.

"Japanese refiners will buy Iranian crude. Iranian crude is impossible to replace by other grades and are unique,"

U.S. commercial crude oil inventories decreased by 5.1 million barrels from the previous week to 479.3 million barrels.

Smart grid technology helps in building platform which has features like two-way communication, control systems, and computer processing.

Officials said the new power contract would begin in July 2022, when its existing contract with Shell expires, and run for 10 years.

U.S. commercial crude oil inventories decreased by 1.7 million barrels from the previous week to 484.3 million barrels.

Global oil deficit is currently seen at around 1 million barrels per day, Russia's deputy prime minister Alexander Novak told reporters on Wednesday.

Asia's spot LNG market is being supported by unprecedented LNG demand from North Asia, especially China, where economic activity has been relatively robust in 2021 on the back of recovery from the pandemic.

The Ust-Luga project is in line with Russia's plans to boost its LNG production capacity to around 140 Mt/year by 2035 and to raise its global LNG market share to 20%.

This will inevitably increase China's demand for natural gas, including LNG, and boost prices for spot LNG cargoes, similar to the demand surge seen in the winter of 2020-21.

US President Joe Biden entered the White House with the pipeline already nearly finished, leaving him with the decision of upsetting Germany or giving a win to Russian President Vladimir Putin.