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Shell sees $6 billion oil, gas investments in Nigeria, presidency says

Shell sees a $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said on Thursday, citing Shell's director of gas and upstream operations.

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Russia's monthly gas output up in Oct, down in Jan-Oct

Russia's gas output rose for the third month in a row in October but overall gas production in the first 10 months of the year fell, the Kommersant daily reported on Tuesday.

Ukraine , Trinidad-and-tobago , Melbourne , Victoria , Australia , Russia , Trinidad , Russian , Alexander-novak , Kim-coghill , Lidia-kelly , National-gas-company-of-trinidad

Two mega-deals mark major step in US oil and gas consolidation [Gas in Transition]

ExxonMobil is acquiring Pioneer Natural Resources and Chevron is buying Hess in two US mega-deals that shake up the US oil and gas industry. [Gas in Transition, Volume 3, Issue 10]

Scott-sheffield , Exxonmobil , Chevron , Exxon , Pioneer-natural-resources , Morningstar-research-services , Driver , Shale-gas-production-region , Qatarenergy , Natural-gas-assets , Natural-gas-output

Orlen Group acquires KUFPEC Norway for $445mn

The acquisition of KUFPEC Norway will increase the Orlen Group's natural gas output in Norway by one-third.

Norway , Kuwait , Orlen-group , Kuwait-foreign-petroleum-exploration-company , Poland , Alpha , Gas-production , Natural-gas , Baltic-pipe-pipeline , Pgnig-upstream-norway , Gas-resources

Canada's Tourmaline Oil reports Q3 production gains

Canada's largest gas producer is building its exposure to global gas export markets. [Image credit: Tourmaline Oil]

Canada , Tourmaline-oil , Alberta , Natural-gas-price , Natural-gas-producer , Transportation-costs , Oil-equivalent , Crude-oil , United-states , Natural-gas-production , Saskatchewan

Sinopec's profit down 8% in January-September

The drop in profit was attributed to lower oil and gas prices, which have declined significantly since the start of the year.

China , Chinese , Natural-gas-output , Sinopec , Crude-oil , Gas-price , Oil-and-gas-prices , Oil-price , Energy ,

Equinor shares rise as profit beats forecast

Trading division had stronger than expected performance in Q3. [Image credit: Equinor]

Oslo , Norway , Trinidad-and-tobago , Ukraine , United-states , Israel , Moscow , Moskva , Russia , Norwegian , Trinidad , Baltic-sea

Russian gas output to drop to lowest level in 14 years in 2023: IEA

Output should recover in the coming years, according to the agency, but even in 2026 it will be 11% below the record level seen in 2021.

Russia , Russian , International-energy-agency , Novatek , Gas-pipeline-exports , Gas-producer , Nord-stream , Yamal-europe-pipeline , Medium-term-gas-report , Gazprom , Natural-gas-production

China's Sinopec's interim profit down 20.1% on lower oil prices

Chinese refining giant Sinopec Corp reported on Sunday a 20.1% fall in interim net profit for the first half of the year compared with the year-ago period, to 35.11 billion yuan ($4.82 billion), on lower crude prices despite higher refinery output and growth in fuel sales.

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