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

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

Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter

A little over 150 km of Nord Stream 2 remains to be laid in Danish and German waters after an initial threat of US sanctions last December forced principal pipe-layer Allseas to halt work.

The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.

Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2020.

ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) announced that they have entered into a definitive agreement to combine companies in an all-stock transaction.

With positive spreads between the US Henry Hub price and end-user markets, the ramp-up in terminal utilization should gain steam in the near-term, in a bullish sign for overall demand for US LNG.

The increase in the reserves is the result of continued drilling to a depth of 4,775 meters in the Tuna-1 well, which located a third reservoir in addition to the two reservoirs identified at around 3,500 meters depth in earlier drilling.

Asia-Pacific [market] is rallying because of recovering demand, better than in October and ATC was also looking for cargoes, lending support to CPs