Total Energies to Supply LNG for South Korea's Hanwha Energy

TotalEnergies has signed a long-term sale contract with South Koreas Hanwha Energy Corp. for the supply of 600,000 metric tons of liquefied natural gas (LNG) per year over 15 years, the French energy group said on Tuesday. The LNG will be s...

Russia and Iran Discuss Swapping Supplies for Oil and Gas

Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub, Russian Deputy Prime Minister Alexander Novak said on Wednesday, as Moscow is challenging Western sanctions over its military operation...

Russian gas supplies to China jump 60 % in 2022

Beijing has indicated that it will not join Western nations sanctions against Russia over its invasion of Ukraine Beijing, May 4 - Neftegaz.RU. Russiasgas suppliesto China have soared by as much as 60 % in the 1 st 4 months of 2022 compared...

CNOOC Adds Oilfields in Brazil

China National Offshore Oil Corp (CNOOC)s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the countrys top offshore oil and gas producer to step up overseas oil and gas production. With a...

Japan's JERA Weighs Expanding LNG Business to China

Beijing unit opens as Chinese imports of the fuel become worlds largest Japanese energy group JERA, one of the worlds biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to China. The...

Equinor Announces New Oil and Gas Discovery in the North Sea

Norways Equinor has announced a new oil and gas discovery close to the North Sea Troll and Fram area. Preliminary estimates suggest between 25 million to 50 million barrels of recoverable oil equivalent found by licence owners Equinor (51%)...