Oil & Gas Supply

Oil & Gas
Proved Gas Reserves in U.S. Grow To 625.4 Tcf
Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, the latest year in which full statistics ar
Oil & Gas
India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says
India will secure oil from anywhere as long as the terms are beneficial, India’s energy minister told CNBC.India is the third largest oil consumer in the
Oil & Gas
Gas Supply Secured for Peak Power Demand: Rk Singh
Fuel supply for gas-based power plants has been secured for the anticipated peak demand, Power Minister RK Singh said on Sunday. If needed, section 11 of the El
Oil & Gas
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from
Oil & Gas
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou
Oil & Gas
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu
Oil & Gas
Cameroon Plans to Halve Fuel Subsidies
The Cameroonian government plans to halve fuel subsidies in 2023. Indeed, the authorities are expected to allocate for the subsidies in 2023 only half of the XA
Oil & Gas
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy
Oil & Gas
Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions
Toufic Hokkar, president and CEO of Sonatrach Group, and Claudio Descalzi, general manager of Eni, signed two strategic memorandums of intent in Algiers on Mond
Oil & Gas
Turkmenistan Resumes Gas Supplies to Uzbekistan
TASHKENT, Jan 23 (Reuters) - Turkmenistan resumed gas supplies to Uzbekistan on Jan. 21 and their volume is gradually rising, Uzbek pipeline operator Uztransgaz
Oil & Gas
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up
Oil & Gas
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest
Oil & Gas
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar
Oil & Gas
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor
Oil & Gas
Petronas Awards Banang Oilfield Prize
Petra Energy secures extension for offshore assetPetronas has extended until August 2024 Malaysian contractor Petra Energy’s contract covering production,

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Most views from Oil & Gas Supply

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal

Oil & Gas Supply

Proved Gas Reserves in U.S. Grow To 625.4 Tcf

India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says

Gas Supply Secured for Peak Power Demand: Rk Singh

Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020

OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook

U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President

Cameroon Plans to Halve Fuel Subsidies

Colombia Will Not Issue New Oil and Gas Exploration Contracts

Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions

Turkmenistan Resumes Gas Supplies to Uzbekistan

All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field

Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says

Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023

Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD

Petronas Awards Banang Oilfield Prize

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal

Japan Willing to Release Oil Reserves

Algeria: Hydrocarbons - Engine Oil Imports Decline Thanks to Rise in Local Production

Hydrogen vs Oil and Gas: Comparing Energy Sources

Mexico Approves $4.5 Billion Zama Development Plan

People Think They’ve Found the Culprit as UK Gas Storage Drops to ‘Concerningly Low’ Levels