Rigzone Industry News

The Texas LNG export terminal project signed an offtake agreement with Gunvor's subsidiary in Singapore for 500,000 metric tons per annum.

In a release sent to Rigzone recently, GlobalData outlined that the oil and gas industry exhibited 'resilience' last year.

Poland's natural gas transmission system operator OGP Gaz System S.A. is acquiring 100 percent of the share capital of the operator of the natural gas storage system in the country from Orlen SA.

'So that will probably take down exports by a couple of hundred thousand barrels'.

The company's drilling campaigns resulted in a six percent increase over fourth-quarter 2023 production.

Germany has been ordered to provide proof it has fully transposed into national law a 2018 EU directive raising the share of renewable sources in the bloc's energy consumption to 32 percent by 2030.

Gazprom announced several changes in its top management, as well as in leadership positions in its subsidiaries.

'It is ... important for the oil and gas industry to assess the impact of these themes while charting out their growth plans,' GlobalData warned.

The plan proposes 2,982.6 miles of new lines through 2045.

The charge arises out of a scheme to bribe officials of the Ecuadorian Ministry of Hydrocarbons and Petroecuador.