Tuesday, September 9, 2025
Guyana seeks a 135-mile subsea gas pipeline to extend its energy win streak-oil and gas 360

Guyana seeks a 135-mile subsea gas pipeline to extend its energy win streak

World Oil HOUSTON (Bloomberg) –Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock for growing its domestic economy. Source: Reuters Work will begin on constructing a major gas-fired power plant in 2022 on the expectation that a 220-kilometer (135-mile) pipeline will be

OPEC misses crude output targets, straining global oil supply- oil and gas 360

OPEC misses crude output targets, straining global oil supply

World Oil (Bloomberg) –OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic. OPEC+ cut its production 15% deeper than planned in September, compared with 16% in August and 9% in July, according to delegates with knowledge of the matter. This reflects

After the gas crisis, the Arctic could be Russia and Europe’s next flashpoint- oil and gas 360

After the gas crisis, the Arctic could be Russia and Europe’s next flashpoint

CNBC A new cold front could open up in the political tension between the European Union and Russia over energy. This time in the Arctic.   On Wednesday, the EU put forward proposals that could see it pushing to ban the tapping of new oil, coal and gas deposits in the Arctic in an effort, it said, to protect the