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Gas supply
Oil & Gas Supply
The State of Play of Africa’s Deepwater Discoveries
While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o…
Oil & Gas Supply
European Gas Storage Levels Survive Winter but Summer Refilling Looms
European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be …
Natural Gas
Thailand Could Brace Potential Gas Supply Shortage from Myanmar
The country is expected to rely on Laos for electricity supply.
Oil & Gas Supply
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.
Oil & Gas Supply
Opec+ Agrees 400,000 b/d Hike for March
Opec+ ministers have agreed to press ahead with another 400,000 b/d increase in the group's crude output quota next month.
Crude Oil
Venezuela Takes First Iranian Condensate of 2022
Venezuela has received this year's first cargo of the Iranian condensate that has proven critical to its crude production recovery.
Crude Oil
OPEC+ Set To Continue With 400,000 Bpd Production Increase
The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day in March
Crude Oil
Guyana’s Oil Production To Increase Three-Fold Next Month
Exxon plans to begin oil production from a second platform offshore Guyana next month
Energy Security
Turkey Imposes Industry Blackouts Amid Gas Shortage
Power deliveries to Turkey's industry will be forcibly cut this week because of insufficient gas supply.
LNG
EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply
So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.…
Oil & Gas Supply
Russia’s Oil Output to Rise by 5% in 2022
Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Crude Oil
China 2021 Crude Oil Output Expected to Total 199 mln T -Energy Administration
China’s crude oil output in 2021 is expected to total around 199 million tonnes, or about 3.98 million barrels per day, clocking a third straight annual rise
Natural Gas
Shell to Supply Brazilian Natural Gas Plants
Shell will supply two of the natural gas thermoelectric plants that won the latest Brazilian capacity tender — the already existing Termopernambuco plant in Ba…
Crude Oil
Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says
The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand
Crude Oil
OPEC+ Undershoots Oil Production Target Again
The OPEC+ group delivered the 400,000-bpd production increase in November, but it was still more than half a million barrels per day short of its overall oil pr…
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