50-meter Section Missing from Damaged Nord Stream Pipeline
prices that have deepened a cost-of-living crisis for families and businesses.The European Commission was expected to make proposals on Tuesday to develop a new EU benchmark price for liquefied natural gas (LNG) and kickstart joint gas purchases, amid divisions between countries over whether to cap gas prices.European states, meanwhile, have raced to protect other energy infrastructure from Norwegian energy installations to German power lines after blaming the Nord Stream leaks on sabotage, but they have stopped short of saying who was behind the ruptures that were discovered on Sept
ONGC to Invest $5 bln to Develop India's Eastern Gas Asset
India's Oil and Natural Gas Corporation said it will unveil an investment of around $5 billion by the end of March to develop a major gas asset in the east, with a view to tapping higher gas prices. The asset, which the state-owned company acquired in 2005 under a swap agreement with UK's Cairn Energy Plc, can produce up to 17 million metric standard cubic metres per day (mmscmd) of natural gas and 75,000 barrels of oil per day by 2020. The level of output will make it ONGC's second biggest hydrocarbon asset in India, D.K. Sarraf, chairman and managing director of the country's biggest explorer
Deepwater Gulf of Mexico: Bright Future
Deepwater Review Gulf of Mexico report, the Gulf of Mexico has experienced massive changes in the last 5 years with long-term implications for the region and the wider deepwater oil and gas market. The worldwide financial crisis and subsequent recession, shale gas’ implications on U.S. natural gas prices, the Macondo incident and changes to the regulatory regime have been the prime movers. Recent discoveries of large deep and ultra-deepwater reserves have drastically increased the reserve and production expectations of the region. Five years ago, the Gulf of Mexico was a region with a mix of
February 2024
