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China adds incentives for domestic natural gas production as imports increase


Rapid growth in China's natural gas consumption has outpaced growth in its domestic natural gas production in recent years. China's natural gas imports, both by pipeline and as liquefied natural gas (LNG), accounted for nearly half (45%) of China's natural

South America and Europe led globally with highest number of oil and gas discoveries in Q3 2019, says GlobalData


South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries each during the quarter, according to GlobalData, a leading data and analytics company.

GlobalData's report: ‘Q3

Oil Companies Rejected by Supreme Court on Climate Change Suits


The U.S. Supreme Court let government officials press ahead with three lawsuits that accuse more than a dozen oil and

Aramco listing was delayed to rope in anchor investors: sources


Oil giant Saudi Aramco’s much-vaunted stock market listing was delayed after deal advisers said they need more time to lock

China’s CNPC launches 50,000-bpd CDU in Daqing after upgrade


China National Petroleum Corp (CNPC) has launched its 2.5-million-tonnes-per-annum, or 50,000-barrels-per-day (bpd), crude distillation unit (CDU) at Daqing refinery after

UK GAS-Prompt prices rise as imports from Norway fall


British prompt wholesale gas prices rose on Wednesday morning as low imports from Norway left the market slightly undersupplied, while

Indian refiners’ crude processing falls 6.9% in Sept year-on-year


India’s crude processing in September fell 6.89% from a year earlier, its biggest decline since June, as refiners shut units

Kuwait to lead LNG regasification capacity additions by 2023


Kuwait Petroleum Corpoartion is expected to account for 8% capacity share in the global liquefied natural gas (LNG) regasification industry

Bulgartransgaz raises 200 mln euros for TurkStream gas pipeline


Bulgarian state gas firm Bulgartransgaz has raised 200 million euros ($222 million) in short-term loans to help finance the Bulgarian

Oil rises on surprise U.S. crude drawdown, prospect of OPEC action

Oil rose about 2.5% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as
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