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OMV announces gas discovery in the Norwegian Sea


OMV announces gas discovery in the Norwegian Sea

OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]

Sinopec’s profit rises as upstream starch offsets refining problems


Sinopec’s profit rises as upstream starch offsets refining problems

(Bloomberg) — Sinopec, China’s largest oil refiner, reported a slight increase in first-half profit as better performance at its upstream operations offset weakness in refining and petrochemicals. Net profit for the first six months was 35.7 billion yuan ($5 billion), up 1.7 percent from a year earlier, according to a stock exchange statement on Sunday. […]

Santos: Demand for natural gas will remain strong after 2050


Santos: Demand for natural gas will remain strong after 2050

(Bloomberg) — According to Kevin Gallagher, chief executive of Santos Ltd., demand for natural gas will remain strong despite government and corporate efforts to reduce emissions to zero by mid-century. Gallagher is under pressure to deliver on its ambitious strategy to increase production by more than 50% by the end of the decade and establish […]

get cheap storage products


get cheap storage products

Sabrent has just launched its big August sale with discounts on its extensive range of storage products. You can Check them all out here. 2 VIEW GALLERY – 2 PICTURES First of all, there is the Sabrent USB 3.2 10 Gbps Type-C Tool-Free Enclosurewhose list price is $29.99, is reduced by 38% and costs only […]

Novatek plans to build second LNG plant at approved Arctic power plant


Novatek plans to build second LNG plant at approved Arctic power plant

(Bloomberg) — Russian gas producer Novatek PJSC appears to be pushing ahead with an expansion project for its Arctic LNG 2 plant despite Western energy sanctions. A small fleet of tugboats towing a second production train approached the site of the plant on Saturday, according to vessel tracking data. The platform left the construction site […]

Middletown, Delaware, secures a spot on Fortune’s 2024 list of best places for families


Middletown, Delaware, secures a spot on Fortune’s 2024 list of best places for families

Deer Park Tavern named one of USA TODAY’s Best Bars of 2024: Video Take a look inside Deer Park Tavern in Newark, Delaware, named one of USA TODAY’s Bars of the Year for 2024. For the past three years, Fortune has released its list of the 50 best places to live for families. Selected communities […]

That’s why these cities in Arizona were ranked among the best


That’s why these cities in Arizona were ranked among the best

Which US cities are the best to live in? Here you can find the top 10 US News and World Report has released its annual list of the most livable cities in the US for 2024. (Scripps News) Scripps News In Arizona and the greater Phoenix area, the rapid growth of the last decade continues. […]

Shell invests in the second phase of the Surat gas project in Australia


Shell invests in the second phase of the Surat gas project in Australia

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 reports record second quarter net profit of $1.19 billion


ADNOC Gas reports record second quarter net profit of .19 billion

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 […]