Natural Gas

New Report: Global LNG Outlook 2024-2028

Despite growth in global LNG production capacity, the total output is likely to remain constrained due to operational challenges.

Repsol’s Q1 Profit Tumbles By a Third, But Better Than Expected

The company's shares were down 2.4% in morning trade.

Equinor Foresees Surge in Combined Oil and Gas Output Beyond 2024

The activity levels on the Norwegian continental shelf remained high throughout the quarter.

Novatek Brings On Stream New Gas Field in West Siberia to Boost Cash Reserves

Novatek’s next large LNG development, Arctic LNG 2, was sanctioned by the US last November, prompting international shareholders in the project to suspend their participation.

EQT Announced Extended Output Curbs, as Natural Gas Prices Slide

The total sales volume for the quarter is expected to be 455 – 505 bcfe.

Baker Hughes to Supply Gas Technology Equipment for Aramco’s Master Gas System Project

Baker Hughes is also investing in expanding its manufacturing site in Modon, Saudi Arabia.

TotalEnergies Makes Final Investment Decision for Marsa LNG Project

The innovative Marsa LNG plant will be 100% electrically driven and supplied with solar power.

KeyBanc Raises 2024-2025 WTI Oil Forecasts, Cuts Natural Gas Price Outlook

KeyBanc also highlighted a $3 per barrel premium for Brent crude oil over WTI in future periods, maintaining its previous view on this spread.

TotalEnergies Signed Agreement to Acquire 50% Interest in SapuraOMV

This is further to the initial agreement to acquire 50% interest in SapuraOMV by end-January this year.

ExxonMobil Made Final Investment Decision for Development Offshore Guyana

The Floating Production Storage and Offloading (FPSO) vessel for the Whiptail project is being constructed.

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Crude Oil Prices

Forozan Blend		75.61
Iran Heavy		75.71
Iran Light		77.66
Forozan Blend		84.71
Iran Heavy		84.51

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