Shell sees a $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said on Thursday, citing Shell s director of gas and upstream operations.
For April-October, the output of India s eight core industries was 8.6 percent higher year-on-year as against 8.4 percent in the first seven months of 2022-23
Russia s gas output rose for the third month in a row in October but overall gas production in the first 10 months of the year fell, the Kommersant daily reported on Tuesday.
ExxonMobil is acquiring Pioneer Natural Resources and Chevron is buying Hess in two US mega-deals that shake up the US oil and gas industry. [Gas in Transition, Volume 3, Issue 10]