ExxonMobil predicts that, by 2030, China’s LNG imports will “probably exceed” 90mn t/yr—50pc growth even from 2019.

With India’s growing gas demand outstripping domestic production, LNG is playing an increasingly important role.

Opportunities include further development of hydrocarbons reserves in Russia's Arctic offshore zone, which contains over 85.1 trillion cubic meters of natural gas, and 17.3 billion mt of crude and condensate.

Gas accounts for little over 6pc of India’s primary energy consumption mix, which is far below the global average. New Delhi has set a target to raise this to 15pc by 2030,

The US was the fifth-largest supplier of LNG to India in 2019, according to the Department of Energy.

National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019.

CNOOC’s hydrocarbon output increased from 475 mboe in 2018 to 506.5 mboe in 2019 (+6.6%).

Добыча нефти в этом году, как ожидается, снизится примерно на 10%, до уровня 507 млн тонн при плане 558-560 млн тонн изначально.

По итогам 2019 года Россия произвела более 40 млрд куб. м газа в виде СПГ, увеличив выпуск на 49% к 2018 году. Наш потенциал его производства колоссален – уже к 2025 году общая мощность отечественных проектов составит более 68 млн т в год, в перспективе доля России на мировом рынке СПГ имеет возможность достигнуть четверти от общемировой.

The average LNG price for December delivery into northeast Asia LNG-AS was estimated at about $6.90 per million British thermal units (mmBtu), jumping $1.10 from the previous week.

In 2040, despite increasing investments in renewables and concerns with emissions, oil and gas are still projected to make up about 50 percent of the global energy mix. This is a view held by major third-party sources.

A little over 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but with the political debate becoming ever more frenzied, it remains unclear how and when the pipeline will be completed.

Farzad-B gas field was discovered by a consortium of three Indian companies ONGC, Oil India Limited and Indian Oil Corporation in 2008 in the Farsi offshore block of the Persian Gulf. Tehran and New Delhi have since negotiated the terms of the field’s development for years.

The Spanish energy group Iberdrola, through its affiliate Avangrid, has acquired PNM Resources, the power utility of New Mexico and Texas, for a total consideration of US$8.3bn.

US shale producer Pioneer Natural Resources has entered into a definitive agreement to acquire its peer Parsley Energy