Occidental delivers world-first carbon-neutralcrude shipment

A division of Occidental Petroleum, Oxy Low Carbon Ventures (OLCV), has delivered the worlds first shipment of carbon-neutral oil to India. Occidental said on Thursday that the delivery of two million barrels of carbon-neutral oil was made...

China Locates Oil and Gas Field in South China Sea

China has located an offshore oil and gas field in the South China Sea, according to the China National Offshore Oil Corporation (CNOOC) on Monday. Photo taken on July 30, 2020 shows the Kantan No.3 offshore oil platform in the northern wat...

Fourth Significant Oil and Gas Discovery Offshore Suriname

Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi. The well was d...

CNPC's Equity Production Exceeded 100 million tons

PetroChinas overseas oil and gas equity production exceeded 100 million tons. This is another 100 million tons after the overseas oil and gas equity production equivalent exceeded the 100 million tons mark for the first time in 2019. It sho...

Russia Doubles Pipeline Gas Contract Supplies to China

Naturalgas deliveries from Russia to China through the Power of Siberia 1 (PoS 1) pipeline have risen sharply, doubling contracted pipeline gas supplies to a rate of 10bn m/yr (27.4mn m/d). PoS supplies hit 28.8mn m/d on 3 January, with the...

German EWE eyes carbon neutrality by 2035

German utility EWE has announced plans to be carbon neutral by 2035 and aims to close its hard coal-fired units by the mid-20s at the latest. The firm plans to invest 7bn in its climate neutrality transition, half of which will be invested...