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China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply

OilPrice

1 natural gas project in the South China Sea, boosting domestic output by 4.5 billion cubic meters (bcm) per year. The project, China’s largest deepwater gas development to date, officially reached full capacity on June 26, according to CNOOC officials cited by China Daily.

BCM 242
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Global energy demand rises as power consumption jumps

Oil & Gas 360º

Although a large part of the global demand increase was met by renewables, consumption of natural gas, coal, and nuclear also rose with the higher demand, according to the agency. As a result of higher power consumption, natural gas saw the strongest increase in demand among fossil fuels in 2024.

BCM 130
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GASCO Showcases Remarkable Achievements During 2024

Egypt Oil & Gas

The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors.

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Valor | Energy Connection – May 19, 2025

Valor

Read more Chinas fossil fuels production retreats from record levels Summary : Chinas fossil fuel output declined in April from March’s record levels, though year-on-year production remained up: natural gas rose 8.1% bcm, crude oil increased 1.5% President Erdogan stated the find could meet household gas needs for 3.5

Energy 52