Natural gas

Oil Field

Iran to Award $1.8 Billion Gas Field Contract to Local Company

Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…

Natural Gas

The Future of Natural Gas in ASEAN’s Power Sector

The development of electricity markets in the Association of Southeast Asia Nations is in a dynamic stage, both for demand and supply.

Natural Gas

Brightmark Begins Construction of Arizona RNG Project

Brightmark, a global waste solutions provider, has broken ground on the Caballero Renewable Natural Gas project, which includes the construction of new anaerobi…

Market Analysis

Potential and Benefits of Blue Ammonia As a Clean Fuel of the Future

According to the latest edition of the GECF Global Gas Outlook 2050, the demand for natural gas is expected to increase by 50% from 3,950 billion cubic metres i…

Natural Gas

Sinopec finds abundant flows in Xinjiang oil, gas wells

Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…

Natural Gas

China’s Natural Gas Imports Surge As Economy Recovers

Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.

CNOOC

CNOOC Flows First Gas from Liuhua 29-2 field

Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.

Crude Oil

U.S. Energy Production Saw Steepest Drop On Record In 2020

Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.

Natural Gas

China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina

China's state-controlled energy firms are expecting domestic gas demand growth to accelerate this year, as the economy recovers and consumption of the fuel is b…

Oil & Gas Trade

Italy’s April Gas Imports Hit Long-Term High

Italy's gas imports in April were the quickest for any month in almost nine years, because of strong heating demand and the need to start injecting under the co…

Energy Investment

Iraq to Invest $3bn Over Five Years in the Basrah Gas Company

Baghdad has also looked at forming other alliances regionally, to wean its dependence off Iranian gas

Natural Gas

PetroChina Posts Best Quarterly Profit in Seven Years

PetroChina's first-quarter revenue was up 8.4 per cent at 551.9 billon yuan, it said in a filing to the Hong Kong Stock Exchange

Oil & Gas Trade

Iraq May Import Egyptian Gas Through Syria

Syria is connected to Egypt through the Arab Gas pipeline, which stretches across 1,200km

Natural Gas

Israeli Energy Giant Plans $1.1 billion Gas Deal with UAE Company

The $1.1 billion deal would be the biggest between the countries since they normalised ties.

Natural Gas

South Korean Steelmaker POSCO Defends Myanmar Gas Business

About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it …