Yesterday, the European gas price reached its highest level since mid-December at almost 43 euros per MWh. The price is still being driven by concerns about supply bottlenecks, says commodity analyst Barbara Lambrecht from Commerzbank. Prices likely to fall again if gas flows through Ukraine “If gas continues to flow through Ukraine – which people […]
China has admitted for the first time that the Hong Kong-flagged container ship Newnew Polar Bear was responsible for the damage to a gas pipeline in the Baltic Sea in October. An official investigation into the incident has determined that it was an accident. South China Morning Post he wrote on Monday, citing a Chinese-language […]
ONGC plans to invest in the Daman Upside Development project at Mumbai High Field. Image credit: rafapress/Shutterstock. The Indian government has revised natural gas prices, allowing Oil & Natural Gas Corporation (ONGC) and Oil India to impose a 20 percent surcharge on the administrative pricing mechanism (APM). With this step, we want to make new […]
SMYRNA, Tenn. (WSMV) – John Ross says it was a typical Sunday afternoon in his Smyrna neighborhood. That was until just before 4:30 p.m. For the next six hours, neighbors say, everyone was fully committed to helping their neighbors in need. “Every single person in that neighborhood came out of their house and ran to […]
Satellite images show the destruction of the Sudzha gas measuring station. Photo: Russian service of Radio Liberty Satellite images have emerged showing destruction at the Sudzha gas measuring station in Russia’s Kursk Oblast. source: Russian service of Radio Liberty Quote: “Analysis of the images shows that some of the damage occurred between August 9 and […]
(CONSUMER REPORTS) – As gas prices go up and down, keep this in mind the next time you’re at the pump: Not all gasoline is the same, and where you fill up will affect your wallet and the performance of your engine. And we’re not talking about octane ratings. Whether you’re taking a summer road […]
The Arrow Energy joint venture was founded in 2010 by Shell and PetroChina. Image credit: JuliusKielaitis via Shutterstock. Arrow Energy, a joint venture (JV) between Shell and PetroChina, has announced the commencement of phase two of development of the Surat Gas Project in Queensland, Australia. Gas from Phase 2 of the development will be piped […]
Add to reading list Published by Jack Roscoe, Editorial Assistant Oilfield technology, Monday, 12 August 2024 09:05 Arrow Energy, a registered joint venture between Shell (50%) and […]
Gas from the project will flow to Shell’s QCLNG liquefied natural gas (LNG) plant on Curtis Island near Gladstone to fulfil long-term contracts and supply domestic customers. This is part of an existing 27-year gas sales agreement between Arrow Energy and QGC. Phase 2 is expected to deliver approximately 22,400 barrels of oil equivalent per […]
ADNOC Gas, a world-class integrated gas processor, and its subsidiaries today announced strong financial results for the second quarter (Q2) of 2024, reporting adjusted net profit of US$1.190 billion, an improvement of 21% year-on-year. Second-quarter revenues increased 13% year-on-year to $6.076 billion. In the UAE, population growth and industrial growth contributed to higher revenues in […]
