Natural Gas News


Shell Delivers First Gas from Colibri Project Offshore Trinidad and Tobago

Mar 31, 2022

Shell Trinidad and Tobago announced that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.First gas at Colibri was reached on Wednesday, and the estimated production represents 100% total gross figures…

Gazprom Offices Targeted in EU Antitrust Raids

Mar 30, 2022

Russian gas company Gazprom's GAZP.MM offices were raided by EU antitrust regulators, a person familiar with the matter said on Wednesday, as the EU watchdog ramped up its investigation into the company's gas supplies to Europe.EU antitrust…

BSOG to Start Production Offshore Romania From Q2

Mar 30, 2022

Black Sea Oil & Gas (BSOG) will start extracting gas from its Romanian offshore project in the second quarter, later than planned, its chief executive said, warning that continued efforts to amend regulations for producers were undermining investment…

Too Early to Consider Investment in Russia, CNOOC Says

Mar 30, 2022

It is too soon for China's CNOOC to discuss fresh investment in Russia, though its 10% stake in a liquefied natural gas (LNG) project in the Russian Arctic is proceeding normally, Chairman Wang Dongjin said on Wednesday.Wang had been asked if…

TotalEnergies, Pressured on Russian Gas Assets, Looks at North Sea, US

Mar 24, 2022

TotalEnergies, which is maintaining assets in Russian gas projects even after Russia's invasion of Ukraine, is now looking into sourcing its gas from the United States and projects in the North Sea, its chief executive said on Thursday.'There…

UK Starts Urgent Review of Exposure to Russian Energy Groups

Mar 01, 2022

The UK government has launched an urgent review into how to reduce Britain's exposure to Russian gas imports and energy companies following the Ukraine's invasion, the Financial Times reported on Tuesday citing people familiar with the matter…

Serica Shuts Rhum Production Due to Subsea Control Module Issues

Mar 01, 2022

British independent Serica Energy said it has paused production from the Rhum gas field in the U.K. North Sea while it works to replace malfunctioning underwater equipment.Serica said on Monday that it identified a fault in the Rhum subsea control module…

ExxonMobil Starts Removing US Employees from Russia

Mar 01, 2022

Exxon Mobil has begun removing U.S. employees working in Russia, according to a person familiar with the matter. The departures include staff from its large oil and gas production operations on Sakhalin Island in Russia's Far East.Exxon last year employed more than 1…

Petronas Makes Gas Discovery Offshore Malaysia

Jan 07, 2022

Petronas announced a new gas discovery off the coast of Malaysia.The Malaysian company said Friday that its Petronas Carigali Sdn Bhd (PCSB) subsidiary found gas at the Hadrah-1 wildcat exploration well of Block SK411, located in the shallow…

Courts Suspend Petrobras Natgas Price Hikes

Dec 29, 2021

Courts in four Brazilian states have suspended a 50% hike in natural gas prices planned by state-run oil company Petrobras, likely kicking off an intense legal battle between the firm, the distributors that buy its fuel and various political authorities…

Putin Says Nord Stream 2 Link Ready to Calm Gas Prices

Dec 29, 2021

Russian President Vladimir Putin said on Wednesday the Nord Stream 2 undersea gas pipeline would help to calm a surge in European gas prices and was ready to start exports now a second stretch of the pipeline has been filled.Nord Stream 2, completed…

Gazprom Boosts Investments to $24 Billion in 2022

Nov 25, 2021

Russian gas giant Gazprom said on Thursday its management had approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.Gazprom is developing new gas production deposits…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

Wood Wins Contract for Turkey’s Largest Gas Reserve

Nov 25, 2021

Consulting and engineering firm Wood said it has been appointed by Turkish Petroleum (TP) as the integrated project management partner for the Sakarya Gas Field Development Project, located 150km off the coast of Turkey in the Black Sea.As Turkey’s largest gas reserve…

LNG Demand to Rise 25-50% By 2030 - Morgan Stanley

Oct 25, 2021

Demand for liquefied natural gas (LNG) is expected to rise by 25 to 50% by 2030, making it the fastest growing hydrocarbon over the next decade, analysts from Morgan Stanley Research said in a note on Monday.Morgan Stanley has raised its long…

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