ADNOC plans to grow its conventional drilling activity by 40% by 2025 and substantially ramp up the number of its unconventional wells, as it targets 4mn barrels of oil production capacity per day by the end of 2020 and 5mn by 2030

The Danish Energy Agency has asked the Gazprom-owned developer of the planned 55 Bcm/year Nord Stream 2 gas pipeline from Russia to Germany to consider a third route option, a spokesman for the agency said

Since 2014, gas sales to consumers within the country have grown by 30 per cent, gas transit has increased by 50 per cent, and gas grid coverage has risen from 22 to 30 per cent. In three years (2016–2018), a total of 669 kilometers of distribution pipelines was built, bringing natural gas to an additional 40,500 households.

Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.

The Power of Siberia natural gas pipeline from Russia to China is on track and gas supply is expected to commence by December this year, a senior executive at state-run PetroChina, China's biggest gas importer and producer, said

Стороны обсудили двустороннее взаимодействие России и Венгрии в отраслях ТЭК, в том числе в части надежности поставок газа, а также проектов в сфере использования мирного атома.

In 2018, Hungary increased its gas imports from Gazprom by 9.3 per cent, up to 7.6 billion cubic meters. Gazprom’s gas supplies to Hungary continued to grow in early 2019. According to preliminary data, Gazprom supplied the country with 1.3 billion cubic meters of gas between January 1 and March 20, which is 12.1 per cent more than in the same period last year.

Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, Chief Executive Officer of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians.

The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany’s dependence on individual countries for gas, economy and energy minister Peter Altmaier said

Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.

Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

PetroChina Company Limited (“the Company”, HKSE: 0857; NYSE: PTR; SSE: 601857) announced that the Company’s high-quality development is starting to achieve good results, with net profit increasing substantially by 130.7% year-on-year in 2018.

Net profit increased significantly and financial status remained healthy  All-in cost of US$30.39/boe, down 6.6% YoY;  Net profit of RMB 52.69 billion, up 113.5% YoY;  Final dividend of HK$0.40 per share (tax inclusive)

The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects.