Ukraine’s natural gas reserves stood at over 15.7 billion cubic meters of national gas as of last week
In its 30th year of existence, leading African upstream oil-and-gas event Africa Oil Week has launched a bold new brand and mission, with a broader energy focus in line with the global energy transition and Africa’s evolving role.
Chevron, which has substantial natural gas investments in the eastern Mediterranean, said on Monday that it had temporarily shut down operations at one of its major natural gas platforms off Israel’s coast.
Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources to meet its needs, the energy ministry said on Monday following three days of violence in the region.
The influential Saudi and Russia-led oil producers’ alliance is preventively prepared to wait months for guidance from “real numbers” before adjusting policies amid price volatility in the crude market, the Saudi energy minister said Sunday.
The European Union has accumulated record amounts of natural gas in its storage facilities and has done so ahead of its own schedule.
Azerbaijan and Turkey have broken ground on the construction of the long-planned gas pipeline linking Turkey’s gas grid to the Azerbaijani exclave of Nakhchivan.
Investment bank Goldman Sachs says there will be no immediate major effect on near-term oil market inventories related to the terrorist attacks on Israel on Friday. Goldman Sachs has, however, added that the attacks lower the likelihood of normalization of Israel’s relations with Saudi Arabia, which would likely have boosted Saudi production over time.
Given the enormous ground that the U.S. literally and metaphorically lost in the Middle East in recent years, any strategy it attempted to regain some or all its previous influence across the region had to be clever, concerted, and multi-layered, and so it is transpiring to be.
The American Petroleum Institute (API) released new analysis that outlines the potential consequences of new vessel restrictions on American oil and gas workers in the U.S.