Oil production in 2022 (illustration: NPD)
Oil/Gas

NPD releases April 2022 production figures

Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for April 2022 show an average daily production of 1,871,000 barrels of oil, NGL and condensate. Total gas sales were 9.8 billion Sm3 (GSm3), which is […]

Permian Delaware annual production growth by hydrocarbon and total output (Source: Rystad Energy UCube, Rystad Energy research and analysis)
Oil/Gas

Top of the charts: Permian Delaware output to hit record in 2022, driven by private operators and soaring demand

Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to Rystad Energy research. […]

illustration: GECF
Oil/Gas

Natural gas has potential to expand significantly over the coming decades in G20 and propel Southeast Asia’s growth trajectory

The upcoming G20 Energy Ministerial under the Presidency of Indonesia signals an opportunity to emphasise the soaring role of natural gas in satisfying growing energy needs of G20 and recognise importance of natural gas for […]

Growth rate per flow and OECD region in February 2022 (y-o-y) (source: IEA)
Oil/Gas

IEA releases latest monthly oil and gas statistics

The latest IEA’s Monthly Oil Statistics report including February 2022 data shows that for Total OECD: Total OECD production of crude oil, NGL and refinery feedstocks increased by 10.3% in February 2022 compared to February […]