Biggest News Aggregation in the World
📰 Cnooc News

Page 7 - Cnooc News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Cnooc. Real-time updates on events, politics, business and more.

Qatar's LNG expansion plans and the issue of market oversupply

On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there's one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar's decision?
South Korea Ad Daw Ah Warminsko Mazurskie United Kingdom Sakhalinskaya Oblast United States
Source: mei.edu

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

Guyana's economy surges on offshore success in prolific Stabroek block, EIA reports

From 2020 to 2023, Guyana's crude oil production grew by an average of 98,000 bpd annually, making it the third-fastest growing non-OPEC producer. This surge has driven substantial economic growth, with a 62.3% GDP increase in 2022, the highest globally, according to the IMF.
Demerara Mahaica United States Us Energy Information Administration Information Administration Liza Destiny Liza Unity

Insurance companies will refuse to compensate Guyana for oil spill damages as country allowed breach of safety limits - Chris Ram warns

Chartered Accountant and Attorney-at-Law, Christopher Ram is warning that the insurance company can refuse to compensate the country for any damages as it knowingly allowed the operator to breach safe operating limits.
Demerara Mahaica Chris Ram Christopher Ram Bharrat Jageo Ministry Of Natural Resources Environmental Protection Agency

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science