News

Eni to launch second floating LNG terminal in Congo

Eni plans to launch a floating LNG terminal with a capacity of 2.4 MTY in Congo.

22 December
Equinor has received permission to drill an exploration well near the Kveikje field

Norwegian energy giant Equinor has received permission to drill an exploration well offshore in the new Kveikje field near the Troll field in the North Sea.

15 December
China has commissioned the largest oil-producing offshore platform in Asia

Today, Marine Platform Enping 15-1 is the heaviest and best equipped offshore mining platform (MP) in Asia.

11 December
Arab-Chinese Brotherhood

During the visit of Chinese leader Xi Jinping to Saudi Arabia, China has become closer to Saudi Arabia than ever before.

US senators want to eliminate tax deductions for oil companies

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 suspends issuance of new licenses for oil and gas exploration until 2025

Norway is suspending the issuance of new oil and gas exploration licenses for another three years, until 2025, according to the Financial Times.

CNPC increases oil and natural gas production at Tagrinskoye field to record level

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 and Sinopec sign an agreement to supply China with 4 million tons of LNG per year for a period of 27 years

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.