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Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir. trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gascondensate. Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2
Total world crude oil and condensate output has increased by a yearly average of 0.5 In its report, the EI highlighted that its crude oil and condensate output figures include crude oil, shale/tight oil, oil sands, and lease condensate or gascondensates that require further refining.
(Oil & Gas 360) – CanCambria Energy Corp. Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. CanCambria Energy Corp.
Kazakhstan has increased in February its crude oil and gascondensate production by 13% to a record of 2.12 Excluding gascondensate, Kazakhstan’s crude oil production surged by 15.5% Excluding gascondensate, Kazakhstan’s crude oil production surged by 15.5% from January to 1.83
Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe. The newly awarded Kiskunhalas Concession Area covers an area of 945.9
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin.
Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe. “We are honored to have been invited to join the Continental Europe Energy Council.
Oil and gas exports are a key revenue source for Moscow. RUSSIAN COMPANIES IN THE WEST GAZPROM In 2022, Germany nationalised Gazprom Germania, a subsidiary of Russias gas giant Gazprom, after Gazprom quit it without explanation. Other shareholders are Japanese companies Mitsui 8031.T T (12.5%) and Mitsubishi (10%). OMV paid 1.75
The first South Pars Gas Refinery achieved strong operational performance during the Iranian year 1403 (March 2024 March 2025), producing over 10 billion cubic meters (bcm) of sweetened gas, according to a report by SHANA. In addition to sweetened gas, the refinery also produced over 7.26
Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe. There is no certainty that it will be commercially viable to produce any portion of the resources.
12, 2009), a panel of the United State Court of Appeals for the Fifth Circuit heard an action arising from a contract to supply natural gascondensate in south Texas. Flint Hills, a crude oil refiner, agreed to purchase Mexican condensate from JAG. JAG Energy, Inc., 08-20152, F.3d 3d , 2009 WL 336129 (5th Cir.
In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.
The underlying suit involved claims arising out of an explosion and fire at a disposal facility. Flammable gas, condensed from hazardous oilfield waste being unloaded from trucks at the disposal facility, caused a truck’s diesel engine to race and then explode, killing two workers, and injuring several others.
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