Latest Stories

Four miners die in Polish coal mine accident

29 November 2023

A pipeline rupture killed four Polish miners in the Sobieski coal mine in Jaworzno, Poland’s State Mining Authority (WUG), the mining sector’s oversight body.

Libya needs $17bn to increase crude output to 2mn bpd, says NOC head

29 November 2023

Libya's state oil firm, the National Oil Corporation (NOC), needs a budget of $17bn to fulfil its plan target of raising the crude output to 2mn bpd in three to five years from around 1.29mn bpd currently.

CP Group and Altervim launch pilot project to promote clean energy

29 November 2023

Thai conglomerate CP Group has launched a pilot project, Total Clean Energy Solution, to use clean energy at its leadership academy in Pak Chong, Nakhon Ratchasima

CENTRAL ASIA BLOG: Success in delivering Turkmenistan methane crackdown would be big moment for COP28

28 November 2023

US and global institutions have been lobbying the “super-emitter” all year long. The moment of truth will arrive at the summit.

Hard-to-recover share of Russian oil could reach 70% by 2050: Novak

28 November 2023

The share of hard-to-recover reserves in Russian oil production could reach 70% by 2050, Deputy Prime Minister Alexander Novak said last week.

Russian drilling work on the rise this year

28 November 2023

Russian drilling work is on the rise, with 12.3% more wells commissioned in the first eight months of 2023 versus the same period of last year.

Gazprom provides updates on key upstream projects

28 November 2023

Gazprom is preparing to bring on stream a second gas treatment unit at the Kovyktinskoye gas field in Eastern Siberia by the end of this year.

Raisi no-show suggests Iran irked by Turkey’s "words not action" posture on Gaza

28 November 2023

Turkish companies provide Israel with 40% of its oil and at least 7% of its electricity. Tehran would like to see that stop.

Jordan explores gas alternatives with Gulf states amid concerns over Israeli reliability

28 November 2023

The government of Jordan has reached out to Gulf states as it seeks potential alternative gas sources amid concerns about Israel’s reliability as a supplier, in the wake of the outbreak of its war against Hamas.

Serbian ministry presents spatial plan for construction of 10 HPPs on Ibar River

28 November 2023

Serbia’s Ministry of Construction, Transport and Infrastructure has unveiled a draft proposing amendments and additions to the spatial plan of the special-purpose area for the construction of a hydropower plant system on the Ibar river.

Iraq greenlights Nahr Bin Umar gas project

28 November 2023

Iraq’s Cabinet this week approved the development of gas resources at the Nahr Bin Umar oil and gas field, which lies to the east of the supergiant Rumaila oilfield in the south of the country.

Iran’s petroleum sector 25.6% up in Q2, official data shows

28 November 2023

Iran’s petroleum industry grew 25.6% in the second quarter of the Persian calendar year (June 22-September 22), contributing 16% to gross domestic product (GDP), official figures reveal.

KMG takes 60% stake in Kazakhstan's Dunga oilfield

28 November 2023

Kazakhstan’s national oil company, KazMunayGas, has acquired a 60% stake in the country’s Dunga oilfield, which contains an estimated 106mn tonnes of oil and more than 6bn cubic metres of gas.

Guyana's European oil exports soar to 215,000 bpd in H1 2023

28 November 2023

Guyana increased its share in the European oil market during the first half of 2023, exporting 215,000 barrels per day (bpd). This comprises 63% of Guyana’s total exports during the period, compared to 50% last year.

India to blend biogas into natural gas for domestic use

28 November 2023

India's government has decided to blend compressed biogas into natural gas for use throughout the country under a compulsory mandate. It expects the move to reduce national dependence on foreign gas imports and boost domestic demand.