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Oil & Gas Trade
IMF: Libya’s Economy Will Depend on Oil and Gas Production for the Foreseeable Future
The country faces the challenge of reducing its reliance on hydrocarbons, while fostering stronger and more inclusive private sector-led growth, lender says
Biofuel
Brazil Ceramics Industry to Tap Biomethane
Ceramics producers in Brazil's Sao Paulo state have agreed to purchase biomethane from local sugarcane producers to help start renewable gas production by 2…
Natural Gas
Russia’s Natural Gas Production Fell by More Than 13% In 2022
Russia’s natural gas production fell by more than 13% in 2022, according to preliminary data published by the Russian state statistics service Rosstat. As…
Gas power plant
Vietnam’s Energy Transition Faces Hurdles Due to Gas-Fired Power Growth
Whilst coal’s expansion was limited, natural gas production will be bullish.Like many other countries, Vietnam is challenged to balance economic growth wi…
Oil & Gas Trade
Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports
A consortium consisting of Public Power Corp. (PPC), DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in…
Natural Gas
Putin Oversees Launch Of Siberian Gas Field Feeding Pipeline To China
Russian President Vladimir Putin takes part in a ceremony launching production at the Kovykta gas field, which will feed into the Power of Siberia pipeline carr…
Natural Gas
Eni Can Double Italian Gas Production in 30-36 Months, CEO Says
In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.
Crude Oil
ADNOC Drilling Contract as UAE Steps up Oil & Gas Production
ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.
New Electrode Technology Boosts Efficiency of Power-to-Gas Production
Tokyo-based Toshiba Corporation has developed new technology that helps to improve the efficiency and potentially the commercial viability of Power-to-Gas (P2G)…
Natural Gas
Norway Eyes High Gas Output Until 2030, Says Energy Minister
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports, its energy minister said on…
Energy Giants Pen $4BN Algeria Oil and Gas Contract
The contract that will last more than two decades will see companies increase oil and gas production in Eastern Algeria fields.
Natural Gas
Norway Ramps up Natural Gas Production to Combat Energy Crisis
Norway’s authorities have approved applications from operators to boost production from several gas fields, the Norwegian Ministry of Petroleum and Energy said…
Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Crude Oil
CNOOC Adds Oilfields in Brazil
China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top…
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