BP and ADNOC in talks with Cyprus to explore natural gas sector investments
This move reflects growing interest in East Mediterranean energy resources due to Russian gas supply disruptions.
05 August 2024
05 August 2024
This move reflects growing interest in East Mediterranean energy resources due to Russian gas supply disruptions.
The dispute centres on the Calcasieu Pass plant, which has been producing liquefied natural gas (LNG) for more than two years but has yet to supply its contract customers.
So far in 2024, Gazprom's natural gas exports to Europe have reached approximately 18.3 billion cubic metres (bcm).
The US Energy Information Administration (EIA) said that 60% of the country’s crude oil imports came from Canada in 2023.
Fuel shortages caused gasoline prices to rise to more than $3.45 per gallon (gal) after severe storms hit the Midwest.
Texas-based ConocoPhillips reported second-quarter (Q2) earnings of $2.3bn and generated $4.9bn in cash from operating activities.
During the second quarter (Q2), ExxonMobil's total revenues and other income totalled $93.06bn.
The contract encompasses the further development of the Atapu and Sepia oilfields in the Santos Basin.
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Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
Per GlobalData, the methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023, and is expected to increase at an AAGR of >9% from 2023 to 2028. Our latest report also offers information on all planned and announced methanol projects globally, including the contribution share of the top methanol players. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market.
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