Russia’s Gazprom will supply more gas to Hungary and China during the winter, CEO Alexei Miller told Russian media, as cited by Reuters. The update comes on the heels of another report that said Gazprom was working on expanding its gas export infrastructure to China. The Hungary and China updates …

Chinese offshore operator China National Offshore Oil Corp (CNOOC) announced on Monday the discovery of its first deep coalbed methane (CBM) field with proved geological reserves exceeding 110 billion cubic meters in northwest China’s Shaanxi Province, China Media Group (CMG) reported. The discovery of the Shenfu deep CBM field, located …

Over the last year, the U.S. has been ramping up its natural gas production, with plans to develop several more LNG facilities in the south of the country. But it seems like it’s not the only country to have major gas ambitions, as Canada continues to work on a massive …

India, the world’s third largest oil importer and consumer, has emerged as the top buyer of the discounted Russian seaborne oil after Western nations stopped buying from Moscow following its invasion of Ukraine. Middle Eastern supplies are also likely to tighten further following Saudi Arabia’s decision to extend its voluntary …

India plans to introduce new rules requiring domestic manufacturers to make solar cells and other key components in the solar module supply chain, India’s Minister of Power and New & Renewable Energy, Raj Kumar Singh, said on Friday. The new rules could be introduced in a couple of years, the …

Three years ago, oil prices dipped below zero and Scott Sheffield’s company — like so many other producers — was in trouble. The long-time oil man had built Pioneer Natural Resources Co. from a family-run domestic driller into one of the largest acreage holders in the Permian Basin, a massive …

The managing director of South Pars Gas Company (SPGC) said that 1.96 trillion cubic meters (tcm) of natural gas have been processed by the complex refineries and injected into the country’s gas network since the complex was launched 25 years ago. Speaking to Shana on the occasion of the complex’s …

The United States has eased its sanctions on Venezuela following an election deal. This follows four years of sanctions on its oil and gas industry, restricting the South American oil giant’s production and export levels. Despite the tough restrictions on the country’s energy industry, Venezuela continued to produce and export …

The capacity of Iran’s renewable power plants has reached 1,088.18 megawatts (MW), the country’s Energy Ministry announced. Based on the Energy Ministry data, of the mentioned total capacity, 364.89 MW is supplied by wind power plants, 465.65 MW is provided by solar power plants, 99.47 MW is supplied by small …

Equinor announced that production from the Breidablikk oil field in the North Sea started on Oct. 20, four months ahead of schedule and within budget. Tied back to the Grane platform, the subsea field holds almost 200 MMbbl of recoverable oil. The partners are Equinor (operator), Petoro, Vår Energi and …