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Crude Oil
Libya’s El Sharara Crude Field Poised to Restart
Production from Libya's largest field — the 300,000 b/d El Sharara — can restart after an agreement was reached with the Petroleum Facilities Guard.
Oil Field
Output at Kazakh Tengiz Oil Field Ramping Back up
The Chevron-led Tengizchevroil consortium is gradually restoring production at Kazakhstan's giant Tengiz oil field after civil unrest forced the firm to reduce …
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Oil & Gas Trade
Korea's Imports of U.S. Crude Oil Considerably Increases Last Year
As a result, South Korea became the biggest U.S. crude oil importer in Asia last year.
Crude Oil
China's Largest Offshore Oilfield Yields Over 30M tonnes of Crude Oil
China's largest oil field located in Bohai Bay produced more than 30 million tonnes of crude oil in 2021, top-ranked nationwide.
Natural Gas
Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…
Oil Exploration
Canadian Overseas Petroleum Ltd Announces Significant U.S. Discovery
In addition, COPL provides an operational update on its Barron Flats Shannon Field production.
Net Zero Emission
UK’s Biggest Energy Users ‘May Put off Net Zero Spending Due to Gas crisis’
Eight in 10 of the UK’s biggest energy users have said they are worried by rapid rises in energy prices and many are worried it could put their environmental i…
LNG
First WAGABOX® Landfill Gas to RNG Project in the US Confirmed
Waga Energy is joining forces with Steuben County on a Renewable Natural Gas project at the county’s Bath landfill.
Market Analysis
GECF and UNESCO Shape Future Plans
During the meeting, the existing stream of collaboration and new areas of cooperation in the months ahead, particularly as the UN embarks on an International Ye…
Personnel Appointment
New GECF Secretary General Takes Charge
His Excellency Eng. Mohamed Hamel from the People's Democratic Republic of Algeria has assumed office as the fourth Secretary General of the GECF, the global pl…
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Natural Gas
Groningen 2021-22 Gas Output Estimate Almost Doubled
Gas production from the Netherlands' Groningen field this gas year may have to be almost twice as high as previously expected.
Oil Field
Equinor Makes Oil Discovery Near Existing Infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery, located near the Fram field in the North Sea offshore Norway, and will consider tying it to …
LNG
US Expected to be World's Biggest LNG Exporter as China Poised to Become Top Importer
Brazilian imports more than tripled amid a drought and weak hydropower generation soaring to 7.5 MMt in 2021
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