Germany suffered the most among EU member states from the Russian supply curtailments, with a number of buyers forced to buy expensive gas on the open market to make up for the Russian shortfall.

"Every politician knows who blew up Nord Stream, but hypocritically keeps quiet," says Vucic.

Discussions on the future of the LNG sector were held during two days at the 9th International LNG Congress (LNGCON) in Dusseldorf, Germany on March, 6-7, 2023. The Congress gathered key players of the industry to highlight topics of LNG's role in energy transition, latest developments and asset solutions technologies, small-scale LNG facilities, automation technologies in LNG processes, alternative fuels, and sustainable production, transportation and liquefaction of natural gas.

Preliminary production figures for February 2023 show an average daily production of 1 994 000 barrels of oil, NGL and condensate.

U.S. Rig Count is up 8 from last week to 754, Canada Rig Count is down 16 from last week to 207.

Event Title: Oil and Gas Automation and Digitalization 2023 Conference Date: 03 - 04 May 2023 Event Type: In-Person Event Event Organizer: PTN Events

Hosted on May 9-11, 2023, the 9th edition of the Canada Gas & LNG Exhibition and Conference (CGLNG) continues to grow in step with the industry.

As the EU pushes more broadly to bolster clean energy, it’s also responding to concerns that green industries could emigrate to the US and China, with the price that Europe pays for its energy a driving factor.

U.S. LNG exports will average 12.1 billion cubic feet per day (Bcf/d) in 2023, a 14% (1.5 Bcf/d) increase compared with last year. We expect LNG exports to increase by an additional 5% (0.7 Bcf/d) next year.

The Worldwide Rig Count for February was 1,921, up 23 from the 1,899 counted in January 2023,and up 252, from the 1,669 counted in February 2022.