Upstream

Toxic gas: the destruction of Gazprom’s image

This post was originally published on this siteThe world’s tenth-largest oil and gas company has become despised. Western democracies and their allies have committed to disrupting, isolating, and bringing down Russia and its largest state-owned enterprise, Gazprom. Without exaggeration, investors cannot abandon the company fast enough. Before the invasion, Russia’s aggressive negotiations in Eastern Europe […]

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Neptune considers boosting gas production from Norwegian field

This post was originally published on this siteIndependent petroleum producer Neptune Energy is considering increasing gas production from its Duva field, in the Norwegian North Sea, amid the supply crisis in Europe, reported Reuters. The move comes in the wake of surging gas prices, which have touched record highs this week, following Russia’s invasion of

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Asia to lead global chlorine capacity additions by 2026

This post was originally published on this siteGlobal chlorine capacity is poised to see considerable growth over the next five years, potentially increasing from 90.35Mtpa in 2021 to 96.77Mtpa in 2026, registering total growth of 7%. GlobalData’s latest report, ‘Global Chlorine Industry Outlook to 2026 – Capacity and Capital Expenditure Forecasts with Details of All

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Nord Stream 2 operator denies reports about filing for bankruptcy

This post was originally published on this siteFollowing reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports. The post Nord Stream 2 operator denies reports about filing for bankruptcy appeared first on Offshore Energy.

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China seeks alternative import payments as sanctions around Russian oil tighten

This post was originally published on this siteChinese oil refiners are having to turn to cash payments for Russian crude oil imports as sanctions against the nation restrict markets, Reuters reported.  Global oil prices have skyrocketed this week as Western sanctions against Russia have taken hold, with benchmark Brent crude prices breaking through $113 a

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