When the first gas from CNOOC Ltd’s new ultra-deep field in the South China Sea started flowing in late June to the world’s largest customised floating platform 1,500 meters above the sea bed, it marked a key […]
Just as natural gas has competed with coal as the prime fuel for electricity in the last decades, renewables are putting pressure on the blue, clean-burning source of energy. The competition is fierce and will likely […]
A recent boom in seaborne trade has left the world shipping industry scrambling to keep up with demand. With so much business, transportation companies can charge almost whatever they want—and since they’re already struggling to […]
MOSCOW: Kremlin-controlled gas giant Gazprom has held off from booking additional capacity for gas supplies via Ukraine to meet surging demand in recent months, sending a clear sign it is waiting for the Nord Stream 2 pipeline […]
Moscow: Mongolia, land-locked between two countries — Russia and China, could soon serve as an important transit country for Russian natural gas and its related supply chains, reported Asia Times. Once completed, the Soyuz Vostok gas pipeline will become […]
Oil selling for more than $70 a barrel has breathed life into the downtrodden Australian oil and gas industry even as it battles criticism from environmental protestors and investor activists. Last week saw the best […]
A massive methane plume detected earlier this month over Russia stemmed from emergency repairs that forced the partial shutdown of a Gazprom PJSC pipeline, the company said, taking responsibility for one of the energy sector’s most intense recent leaks […]
Russian President Vladimir Putin announced the completion of the first leg of the Nord Stream 2 pipeline between Moscow and Berlin, which is expected to supply gas within 10 days. “I am happy to announce that today, two and […]
Russian energy giant Gazprom expects domestic gas consumption to rise by 7.5% within the next five years as it embarks on a $7 billion programme to supply gas to more households, a company official said […]
Soaring temperatures in one of the world’s top energy-producing regions could drive fuel prices higher as countries there burn more oil and natural gas to keep homes cool. Saudi Arabia, the United Arab Emirates and […]
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