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Russia's Gas Production Drops Despite Surge to China and Domestic Uptake

OilPrice

Russia’s natural gas production fell 3.2% billion cubic meters (bcm), as higher exports to China and increased domestic demand failed to offset the collapse of pipeline flows to Europe, Bloomberg reported on Wednesday. bcm in 2024, making it the last significant corridor to the EU following… That route had accounted for over 15?bcm

BCM 276
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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 269
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US Overtakes Russia as EU No2 Gas Source

Rigzone

Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported. Bcm, followed by Russia at 14 percent or 9.7

BCM 108
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring.

BCM 102
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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22

Gas 75
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Norway Gas Output Down for Fourth Consecutive Month

Rigzone

million standard cubic meters a day of gas in June. million standard cubic meters a day of gas in June. million standard cubic meters a day (MMscmd) of natural gas in June, down for the fourth month in a row. million standard cubic meters a day (MMscmd) of natural gas in June, down for the fourth month in a row.

Gas 97
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EU Commission Launches Matchmaking Platform for Energy, Materials Sourcing

Rigzone

The online platform allows EU buyers to offer demand for biomethane, natural gas, hydrogen and raw materials. Image by vitacopS via iStock The European Commission rolled out Wednesday a mechanism for coordinated purchases of hydrogen, the first mechanism under the EU Energy and Raw Materials Platform.