Oil&Gas
![Oil&Gas](/cache/11-21/shell-004.b6b68da3.jpg)
2021, November, 1, 13:20:00
SHELL LOSS $400 MLN
Third quarter 2021 income attributable to Royal Dutch Shell plc shareholders was a loss of $0.4 billion, which included non-cash charges of $5.2 billion due to the fair value accounting of commodity derivatives and post-tax impairment charges of $0.3 billion, partly offset by net gains on sale of assets of $0.3 billion.
![Oil&Gas](/cache/10-21/saudi-005.22d240e0.jpg)
2021, October, 29, 13:35:00
SAUDI ARABIA'S HYDROGEN PROJECT $7.2 BLN
The Jazan IGCC project will convert vacuum residue to be produced in the adjacent Jazan refinery (400,000 bbl/d) into synthesis gas (syngas).
![Oil&Gas](/cache/10-21/india-013.d897da63.jpg)
2021, October, 22, 11:25:00
IMPORTANT OIL FOR INDIA
Since India's per-capita energy consumption is about one-third the global average, demand is expected to rise exponentially, creating the need to push both refining expansion as well as clean energy initiatives,
![Oil&Gas](/cache/10-21/norway-017.ee06b568.jpg)
2021, October, 21, 15:00:00
NORWAY OIL, GAS PRODUCTION 2.022 MBD
Preliminary production figures for September 2021 show an average daily production of 2 022 000 barrels of oil, NGL and condensate.
![Oil&Gas](/cache/10-21/price-0242.d5299aa6.jpg)
2021, October, 19, 12:35:00
GLOBAL ENERGY PRICES UP
Several factors are fuelling this price surge in energy commodities – primary among them is energy demand having rebounded as economies get back to business and consumers return to pre-pandemic levels of economic activity.
![Oil&Gas](/cache/10-21/climate-020.2c02496e.jpg)
2021, October, 13, 12:15:00
GLOBAL ELECTRICITY DEMAND NEARLY DOUBLES TO 2050
This scenario also sees an accelerating pace of change in the power sector, sufficient to realise a gradual decline in the sector’s emissions even as global electricity demand nearly doubles to 2050.
![Oil&Gas](/cache/10-21/climate-019.6d005b68.jpg)
2021, October, 12, 16:40:00
LONG, COLD, CRAZY WINTER
Natural gas and coal prices in Europe and Asia just hit their highest levels on record, oil prices in America hit a seven-year high and U.S. gasoline prices are up $1 a gallon from last year.
![Oil&Gas](/cache/10-21/energy-008.a10aae73.jpg)
2021, October, 11, 11:50:00
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
Global energy consumption will increase nearly 50% over the next 30 years.
![Oil&Gas](/cache/09-21/norway-012.1c736925.jpg)
2021, September, 24, 10:55:00
NORWAY OIL, GAS PRODUCTION 2.114 MBD
Preliminary production figures for August 2021 show an average daily production of 2 114 000 barrels of oil, NGL and condensate.
![Oil&Gas](/cache/09-21/santos-006.315d58f0.jpg)
2021, September, 13, 12:10:00
AUSTRALIA'S SANTOS MERGE
The Merger creates a regional champion of size and scale, with a pro-forma market capitalisation of approximately A$21 billion
![Oil&Gas](/cache/09-21/india-007.7184433f.jpg)
2021, September, 8, 10:20:00
INDIA'S OIL DEMAND UP
"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.
![Oil&Gas](/cache/09-21/malaysia-001.2c66bcdc.jpg)
2021, September, 8, 10:05:00
MALAYSIA'S CLEAN ENERGY
Petronas is pushing for the increased use of natural gas as a cleaner source of fuel while building capabilities in renewable energy for the security and sustainability of its supply,
![Oil&Gas](/cache/09-21/iraq-002.2c841d31.jpg)
2021, September, 6, 11:50:00
IRAQ, TOTAL ENERGY AGREEMENTS $27 BLN
Total and Iraq's oil ministry in January signed a memorandum of understanding for the energy projects.
![Oil&Gas](/cache/09-21/kuwait-001.e48fc715.jpg)
2021, September, 1, 13:45:00
KUWAIT ENERGY PROJECTS 7.5 GW
Kuwait has a total capacity of 21.2 GW (end of 2020), which is almost entirely thermal (12.8 GW of gas and 8.3 GW of oil).
![Oil&Gas](/cache/08-21/gazprom-002.dc1f8b5c.jpg)
2021, September, 1, 13:25:00
GAZPROM PROFIT RUB995.5 BLN
Gain attributable to the owners of PJSC Gazprom amounted to RUB 968,498 million for the six months ended June 30, 2021.