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Romania's OMV Petrom reports new gas discovery

Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.

read more... 09/10/2019

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Exxon to make $500 million initial investment in Mozambique LNG project

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.

read more... 08/10/2019

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Qatar building large CO2 storage plant

Qatar commissioned a carbon capture-and-storage plant and aims to sequester five million tonnes of carbon dioxide from its liquefied natural gas (LNG) facilities by 2025.

read more... 08/10/2019

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Wholesale gas prices plummet 66% on strong renewable generation

Wholesale gas prices were 66 per cent cheaper in September than the same month in 2018, while electricity prices were also down significantly helped by strong renewable energy generation, a review by energy supplier Naturgy has found.

read more... 07/10/2019

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Iran Planning to Build LNG Park with 3m-Tonne Capacity: Minister

Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to construct an LNG park with an annual capacity to produce three million tons of liquefied natural gas.

read more... 07/10/2019

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