Russian Energy Minister, Nikolay Shulginov, and Pakistan’s ambassador in Russia, Shafqat Ali Khan signed the amended inter-governmental agreement for the flagship project of North-South Gas Pipeline (NSGPP), according to NeftegazRU.
The National Iranian South Oil Company (NISOC) aimed to boost its oil production which has about 351 billion barrels of proven crude oil in its reservoirs, which equates to nearly 100 billion barrels of recoverable oil at a 28% average recovery rate, NISOC’s CEO, Ahmad Mohammadi, stated, according to a NISOC’s press release.
Total has changed its name to TotalEnergies, anchoring its strategic transformation into a broad energy company in its identity as it adopts a new visual identity, according to a press release.
Eni and Progressive Energy Limited have signed an agreement to support carbon capture and storage (CCS) in the HyNet North West low carbon cluster project, according to Eni’s Press release.
Equinor has awarded the Odfjell Drilling Deepsea Stavanger a three well contract in the North Sea to start drilling in February 2022, according to Equinor’s press release.
Suncor plans to cut its emissions by one-third while boosting its oil production to a new level, according to Reuters.
Canada’s oil exports to the US are about to increase as pipeline capacity expansions increase by at least 420,000 barrels of oil per day (bbl/d) and production of heavy crude in the oil sands improves.
The Chinees Sionpec company announced about its tendency to start operation of its hydrogen in the Inner Mongolia region by 2022.
The Iraqi oil exports, during April, reached 88.319 million barrels (mmbl) achieving revenues estimated at $5.55 billion.
The Abu Dhabi National Oil Company (ADNOC) awarded a $744 million contract to the National Petroleum Construction Company (NPCC) for full field development of the Belbazem Offshore Block.
