Oil & Gas

TAPI Pipeline Advances, Turkmenistan Is Set To Export Gas

Turkmenistan is on the verge of developing a pipeline to export natural gas across Europe. This is in addition to the ongoing construction of the TAPI pipeline, which is moving at a rapid pace, as per the country’s president,...

Europe Warned – Risk Supply Issues If Gas Demand Is Not Cut

Research from McKinsey & Company, a consulting firm, is of the opinion that Europe may very well have to cut its demand for gas by almost 55 billion cubic metres in 2023. Failure to do so would put nations at...

Bidirectional Transmission of H2 Planned By Bulgaria, Greece

Bulgartransgaz EAD, the Bulgarian gas transmission system operator, and its Greek peer, DESFA SA, are collaborating on the creation of two hydrogen projects across their respective territories, which could perhaps form the basis for a future route right from...

Russian Oil Price Cap To Be At $60 A Barrel By G7 Coalition

The G7 coalition, in a latest move will keep the capping of $60 per barrel when it comes to seaborne Russian oil, an official confirmed. This is despite the global crude prices which are rising and also calls by...

More Than 50 Oil & Gas Fields Up For Taking In Kazakhstan

In a recent move, Kazakhstan has gone on to invite energy companies as well as investors so as to bid on more than 50 oil and gas fields and also prospective blocks across the country, thereby hoping for a...

New Upstream Oil-Gas Projects Not A Possibility Anymore

The Net Zero Asset Owner Alliance- NZAOA stated on March 29 that it anticipates its members making no fresh direct investment in upstream oil and gas infrastructure projects when it comes to new fields as part of its endeavours...

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