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Chongqing gas mine plans to build 10 billion square gas field

Chongqing Daily reporter learned that the gas mine is speeding up the shale gas business and tapping the potential of the old area, and plans to stop the decline and pick up natural gas production by 2020, with natural gas production exceeding 5 billion square meters by 2025 and 8 billion square meters by 2035 and striving to reach 10 billion square meters.

read more... 11/10/2019

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BP, Shell among bidders in $800 million Brazilian oil auction

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.

read more... 10/10/2019

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Zimbabwe hikes average electricity tariff by 320% - energy regulator

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulator said on Wednesday.

read more... 09/10/2019

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Shell to launch gas expansion project at UK's Pierce field

Shell and its partner Ithaca Energy have taken a final investment decision to build new gas production facilities at the UK's Pierce field in the Central North Sea.

read more... 07/10/2019

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Equinor begins production from $13.6bn Johan Sverdrup project

Equinor and its partners have started production from the phase 1 of the NOK124bn ($13.63bn) Johan Sverdrup project in the Norwegian part of the North Sea.

read more... 07/10/2019

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