Latest news
UK oil and gas output to take hit as drilling slumps to lowest since 1970s
Drilling activity in the UK oil and gas sector this year is set to slump to the lowest level since the 1970s, with lower activity expected to negatively impact production in 2021-22, and fears for the competitiveness of the overall North Sea basin, industry group Oil & Gas UK said Nov. 11.
read more... 12/11/2020
Italy's Snam takes first steps into India with hydrogen, gas deals
It also inked a deal with renewable energy company Greenko, owned by Singapore sovereign fund GIC, to look into the production of green hydrogen for use in industry and transport.
read more... 09/11/2020
France to rein in export guarantees for oil and gas industry
In a second step, guarantees would be halted next year for projects involving heavy oil, shale oil and bitumen oil sands, affecting the creation of up to 700 new jobs, the ministry said in its proposal to parliament
read more... 13/10/2020
Norway strike likely to shut down 8% of oil, gas output from Oct 5
Norway's oil and gas production risks being cut by about 8%, or 330,000 b/d of oil equivalent, from the morning of Oct. 5 due to a strike over pay by an offshore managers' union, industry group Norwegian Oil & Gas said Oct. 2.
read more... 05/10/2020
Vietnam power sector's LNG demand set to soar
Demand for LNG from Vietnam's power sector is set to reach 8.5mn t/yr by 2030, the country's industry ministry said today.
read more... 29/09/2020