Since the Arctic oil exports began, Gazprom Neft has delivered over 40 million tons of ARCO (Prirazlomnoye field) and Novy Port (Novoportovskoye field) to European countries.

Frederico Justus, President, International Operations, Weatherford, noted, “This joint operation with IDC is an honor for Weatherford. Together, IDC and Weatherford will work as one team, providing project management solutions that deliver efficient and effective execution of the contract.”

Rusatom Service is a subsidiary of Russian state nuclear corporation Rosatom, while MVM Group is Hungary's biggest power producer, which owns several power plants including the Paks Nuclear Power Plant subsidiary.

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the second quarter and first half 2020.

The project, Mozambique LNG, is one of several being developed in the country’s extreme north following one of the largest gas finds in a decade off its coast.

In early June, Nord Stream 2 asked -- as a precautionary measure -- for an amendment to its Danish pipelaying permit to allow the potential use of pipelay ships that use anchors for positioning.

State producer Saudi Aramco lifted the official selling price for its flagship Arab Light crude to buyers in Asia,

Equinor intends to take a final investment decision (FID) in 2023, conditional to supportive UK policy, with potential first production by 2026.

While long heralded as a cleaner alternative to coal and heating oil, gas is now getting shoved aside in the fight against climate change

Just 160 km (99 miles) of Nord Stream 2 is left to lay in Danish waters out of the total 2,460 km length after the US first implemented sanctions in December.

There are different forecasts looking at between 95 and 97 MMbd by year-end

The potential is very high. China's demand for gas will grow at a very high pace. Last year, gas consumption in China grew by almost 10 per cent, thus exceeding 300 billion cubic meters. In 15 years, the demand for gas in the country may double.

Shell, the world’s largest fuel retailer, said it expected a 40% drop in sales in the second quarter from a year earlier to about 4 million barrels per day (bpd), although that is more than its earlier prediction of a drop to 3.5 million bpd.

This shows that the agencies consider Gazprom's creditworthiness to be excellent even amid the instability at energy markets.

The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.