The Worldwide Rig Count for June was 1,707, up 32 from the 1,675 counted in May 2024, and down 93, from the 1,799 counted in June 2023.

Saudi Arabia has some of the biggest gas reserves in the world. Development of the Jafurah field, estimated to hold 200 trillion cubic feet of gas, is expected to cost $100 billion and boost the firm’s gas production more than 60% by 2030.

Russia was able to divert oil exports away from Europe to India and China, securing the much-needed financial flows for its budget, which is in deficit as Moscow spends heavily on defence and security.

The Worldwide Rig Count for May was 1,675, down 51 from the 1,726 counted in April 2024, and down 107,from the 1,782 counted in May 2023.

In the conclusion of the St.Petersburg International Economic Forum,it is clear and evident that Russia has its hands firmly on the global economic growth steering wheel.Their calibration on the global compass remains top notch and success is all for the taking.

With piped gas supplies cut off after the war, imports of LNG from Moscow increased to around 18 billion cubic meters in 2023 from less than 14 billion cubic meters before the attack, according to EU data.

The synergy between carbon-based fuels and renewables in energy trading, facilitated by innovative policies and supported by advanced software technology, offers transformative opportunities for the energy sector.

Gazprom, which holds about 16% of global gas reserves and employs 492,200 people, was once one of Russia's most powerful corporate empires - so powerful it was known as "a state within the state".

the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.

The annual predefined areas (APA) rounds of exploration acreage are central to Norway's strategy of extending its oil and gas production, a policy fiercely opposed by environmentalists.