BP kicks off production at giant Oman gas field

The block, comprising of both Khazzan and Ghazeer, has the capacity to deliver around 35% of Oman’s total gas demand

US sets new records for natural gas production and consumption in 2019

The Energy Information Administration reveals natural gas production rose by 10%, reaching a record high average of 93.1 billion cubic feet per day

London-based bank lends €51.9m to Ukraine’s largest natural gas producer

The financial support will help reduce the country’s dependence on imports

Lack of supply proves the biggest barrier to corporate EV adoption

The proportion of EV100 members citing a lack of available vehicles as the main barrier to fleet electrification has shot up from 44% in 2018 to 79% in 2019

Tesla temporarily closes Shanghai factory to limit spread of Coronavirus

The pause in production of Model 3 cars is expected to last less than two weeks

Volkswagen boosts EV production target to 1.5m by 2025

It is set to launch eight new electric or hybrid car models across all of its brands this year, including its new flagship ID.3 EV

Fossil fuels hit record low share of major power producer generation in UK

During the same period, the share of low carbon power from major power producers was up by 1.8% on the previous year, rising to 54.4%

Higher oil price and production forecast in the US

Production is projected to rise by 30,000 barrels per day, according to the Energy Information Administration

Equinor announces early start-up of giant oilfield

The Norwegian energy giant has also launched a share buyback of up to $5 billion

Oil and gas production efficiency on UKCS continues to rise

The efficiency of resource extraction in the offshore territory increased for the sixth consecutive year to 75% in 2018