TotalEnergies Invests $2 Billion in Gas Capture Projects TotalEnergies SE commits $2 billion to enhance gas capture from the Artawi field, boosting energy production and sustainability. Discover more on this major investment.
Iraq to Develop LNG Import Terminal at Grand Faw Port Iraq plans to build a liquefied natural gas (LNG) import terminal at the Grand Faw Port to meet rising fuel demand, boosting energy infrastructure and imports.
Iraq Aims to Cut Gas Flaring to 20% by Next Year Iraq plans to reduce gas flaring from 33% to 20% by 2024, aiming for complete elimination by 2029. This move aligns with environmental and OPEC goals.
Iraq's Gas Production: Over 1 Billion Cubic Feet Flared Daily Iraq produces 3.122 billion cubic feet of gas daily, but flares 1.048 billion. Discover the impact on energy and OPEC's role.
China's 3 Trillion Yuan Stimulus to Energize Global Markets China's 3 trillion yuan fiscal stimulus, including special treasury bonds, is set to boost global demand and benefit international energy markets.
US Crude Inventories Fall for Fifth Straight Week US crude oil stockpiles dropped by 3.2 million barrels, marking the fifth consecutive weekly decline, according to the American Petroleum Institute.
WTI Surges Past $70, Brent Trails Below $74 Oil prices climb as West Texas Intermediate surpasses $70 a barrel, while Brent crude remains just under $74, signaling a boost in energy markets.
Potential European Gas Disruptions May Intensify Global LNG Competition Gas supply disruptions in Europe could heighten global energy tensions, sparking fierce LNG competition between Europe and Asia. Discover the potential impacts.
Russia Poised to Restart Nord Stream Gas Supplies Russia signals readiness to resume gas supplies via Nord Stream, impacting global energy dynamics. Explore the geopolitical and logistical implications.
European Natural Gas Markets Brace for Volatility Amid Tensions Explore how Europe's natural gas markets are navigating volatility as geopolitical tensions rise, impacting energy supply and prices.