Oil & Gas Industry News
Today, Marine Platform Enping 15-1 is the heaviest and best equipped offshore mining platform (MP) in Asia.
During the visit of Chinese leader Xi Jinping to Saudi Arabia, China has become closer to Saudi Arabia than ever before.
Democratic Senate Caucus Says “Public Opinion Is Against Oil Companies” Amid Soaring Gasoline Prices Nationwide and Firms Claiming Record Profits from Rising Energy Prices for US oil companies, which are currently making record profits.
Norway is suspending the issuance of new oil and gas exploration licenses for another three years, until 2025, according to the Financial Times.
The level of production at the Tarim oil field, managed by the China National Petroleum Corporation (CNPC), the leading oil and gas company in China, amounted to 6.6 million tons of oil in 2022, which is a record, China Media Group (CMG) reported with reference to CNPC.
QatarEnergy has signed a 27-year purchase and sale agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons of LNG per year to the People’s Republic of China.
OPEC countries significantly reduced oil exports in November, the tanker tracking service Petro-Logistics reported.
Venezuelan oil supplies are being resumed by the Italian energy company Eni, Reuters reports, citing the Venezuelan PDVSA.
According to statistics, by the end of 2021, there were 57 large companies in the oil and gas and petrochemical sector of Hainan.
Algeria was ranked first in terms of the number of oil and gas deposits registered since the beginning of 2022.
The contract will support ADNOC’s plan to increase production to 5 million bpd. by the end of this decade.
OPEC+ countries have agreed to reduce daily oil production by 2 million barrels.
China has officially launched the construction of the next line of the West-East main gas pipeline as part of a project to transfer gas from the west of the country to the east of the country.
«Over the past three months, in addition to exporting oil from its daily production, Iran has also exported 20 million barrels of oil from its reserves to the world market», the Tasnim news agency said.
Eni plans to launch a floating LNG terminal with a capacity of 2.4 MTY in Congo.