PETROBRAS PRODUCTION DOWN 2.9% DUE TO MAINTENANCE AND INTERVENTIONS

In 2Q22, Petrobras delivered an operating performance fully in line with the Company's plans. Average production of oil, NGL ...

US GAS PRODUCTION TO REACH RECORD HIGH BY THE END OF 2022 WITH MORE GROWTH TO COME

US natural gas production is forecast to hit an all-time high in the coming months, racing past 100 billion cubic feet per da...

THE SHARP DROP OF RECOVERABLE OIL WORLDWIDE TREATENS GLOBAL ENERGY SECURITY

Following publication of BP’s annual Statistical Review, each year Rystad Energy releases its own analysis of the global en...

SOARING ELECTRIC CAR SALES EXPECTED FO FACE CRITICAL MINERALS SHORTAGE

Electric car sales powered through 2021 and have remained strong so far in 2022, but ensuring future growth will demand great...

DRIVEN BY SOARING DEMAND PERMIAN DELAWARE PRODUCING PLAY HIT RECORD

Rystad Energy reported that total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian...

In its Annual Energy Outlook 2022, the US Energy Information Administration (EIA) projects that U.S. energy consumption will ...

EQUINOR TO MAINTAIN HIGH GAS PRODUCTION TO MEET EUROPE’S GAS DEMAND

Equinor and its partners, together with Norwegian authorities, take new steps to meet the gas demand in Europe. Increased pro...

BOHAI SEA OILFIELDS HAVE PRODUCED MORE THAN 500 MILLION TONS OF OIL

The China’s Global Times reported that the Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative to...

DEEPWATER DEVELOPMENTS TO DRIVE GAS OUTPUT FROM SUB-SAHARAN AFRICA

Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from ...