Natural gas
The recent discovery of gas reserves in northern Bangladesh's Jamalpur district has prompted the state-run Bangladesh Petroleum Exploration and Production Company (BAPEX) to drill two more wells in the area. The preliminary tests have shown signs of gas at a depth of approximately 2,600 meters, detected in
Natural gas
The diplomatic ties between Turkey and Pakistan are being elevated to a new level as the two nations have signed a landmark cooperation agreement in the energy sector. The partnership is set to transform their strategic relationship, with Turkish Petroleum Overseas Company (TPOC) gaining a license to explore and develop
Natural gas
The European Parliament has approved a draft bill that aims to restrict imports of Russian natural gas and oil into the European Union, in an effort to combat the "weaponisation of energy supplies" by the Russian Federation. This move comes in response to Russia's systematic manipulation
Natural gas
The pipeline construction market is poised for substantial growth, driven by increasing energy consumption, advancements in pipeline construction technology, and a surge in demand for oil and gas production. According to the "Pipeline Construction Market Report 2025," the market size will reach $52.35 billion in 2025, growing
Natural gas
Tanzania has made a major discovery in the Mtwara region, where significant natural gas deposits have been found in the villages of Mnyundo and Mpapura. The discovery was made during ongoing exploration activities in the Lindi-Mtwara Block, which covers 736 square kilometers and includes 48 villages across Mtwara and Mtama
Natural gas
Labour's ban on new drilling in the North Sea is facing a major challenge as Equinor, a Norwegian state-owned oil company, has re-submitted plans to exploit Britain's largest untapped oil field, Rosebank. The project, located north-west of the Shetland Islands, has been at the center of
Natural gas
As of October 16, 2025, Oil and Gas Development Company Limited (OGDC) exhibited moderate price fluctuations in its futures contracts on the Pakistan Stock Exchange (PSX). The company's market activity was recorded in various contracts, with settlement types ranging from READY to REG. In the FUT market category,
Natural gas
Azule Energy, a joint venture between BP and Eni, has marked a significant milestone in the development of its New Gas Consortium (NGC) project in Angola by spudding the first well, QUI-Q-GP01, at the country's inaugural non-associated offshore gas development. This achievement comes after the project's
Natural gas
The Nigerian government's efforts to leverage its vast gas reserves for economic growth received a significant boost as Shell announced a $2 billion investment in the HI offshore gas field (Oil Mining Lease 144). This project, expected to produce 350 million standard cubic feet of gas per day,
Natural gas
BP, the FTSE 100 energy giant, has upgraded its expectations for oil and gas production in the third quarter, driven by higher prices of Brent crude oil. The company's upstream production is now expected to surpass the previous quarter, with the contribution from oil, gas, and low-carbon energy
Natural gas
The United States Federal Energy Regulatory Commission (FERC) has issued a formal notice outlining several natural gas pipeline rate and refund report filings submitted by Iroquois Gas Transmission System, L.P. The notices, which were filed on October 14, 2025, involve negotiations with various companies, including Vitol Inc., Citadel Energy
Natural gas
The Federal Energy Regulatory Commission (FERC) has issued a formal notice for the TTC Connector Project, a proposed natural gas pipeline project in Colorado and Wharton counties, Texas. The project, filed by TTC Connector, LLC, aims to provide 300,000 dekatherms (Dth) a day of firm capacity. FERC will prepare
