Europe Reduces Winter Gas Consumption
Europe's gas consumption has significantly shrunk from August to January, due to unusually warm weather which decreased the use of household heating.
News / International
OPEC+ Decisions Not Politicized: Saudi Energy Minister
Decisions that OPEC+ makes are not politicized and are based on market realities, according to Abdulaziz bin Salman, Saudi Arabian Energy Minister.
Shell Fully Acquires Europe’s Largest Renewable Natural Gas Producer
Shell Petroleum NV, a fully-owned subsidiary of Shell plc (Shell), has acquired all the shares of Natural Energy Biogas A/S (Nature Energy).
ADNOC Successfully Completes the First LNG Shipment to Germany
ADNOC and RWE Aktiengesellschaft (RWE) jointly declared that the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany, was successfully delivered.
TotalEnergies, Corio Sign Agreement to Develop Offshore Wind in Taiwan
TotalEnergies has signed a joint venture (JV) agreement with Corio Generation to develop the Formosa 3 offshore windfarm in Taiwan.
Iran’s South Pars Refinery to Come Online Soon
Iran’s South Pars Refinery should come online soon, said Mohsen Khojastehmehr in a televised interview, who added that the country's gas output capacity is anticipated to expand by 500 million cubic meters per day by 2029, of which 120 million cubic meters will be made possible by the development of the Kish gas field.
Equinor Makes New Discovery by North Sea Troll Field
Equinor announced the seventh oil and gas discovery, since the autumn of 2019, in the North Sea close to the Troll field.
Iran Announces It is Capable of Ramping Up Oil Production to 7.4 mmbbl/d
Iran has the capacity to produce 7.4 million barrels of crude oil per day, according to the head of the office of the Supreme Leader's economic division.
Equinor Achieves Record Profits for 2022
Equinor's announced that it made record net profits of up to $28.7 billion compared to $8.6 billion a year earlier.
Petronet Seeks Additional LNG Under Long-Term Qatar Agreement
Petronet, India's largest gas importer, is seeking 1 million tonnes per year in additional liquefied natural gas (LNG) supplies when it renews its long-term deal with Qatar
