"In March 2024 alone, Russian companies produced 65.4 billion cubic metres, an increase of 7.9 percent over March 2023," according to a Russian Ministry of Energy source.
In 2024, natural gas production in Russia is expected to add 4.6 per cent and climb to 666.7 bln cubic meters in the base case scenario, the Russian Ministry of Economic Development said in its socioeconomic development forecast for the country.
The ministry reported that in the past year there was an increase of about 13.9 per cent in the total amount of natural gas production compared to 2022
According to S&P Global Commodity Insights, speaking at the India Energy Week (IEW) in Goa, Mahesshwari urged for continued investment in oil and gas production alongside the adoption of more environmentally friendly technologies.
Minister Pradhan remarked, "Commencement of oil & gas production by @ONGC from KG basin will boost indigenous production of hydrocarbon resources, further strengthen India's energy security and add momentum to achieving self-reliance in energy. It is due to the reforms initiated by PM @n
The fourth edition of 'The Production Gap Report' released on Wednesday has revealed that annual oil and gas production is projected to increase by 27 per cent and 25 per cent by 2030, and by 29 percent and 41 per cent by 2050, respectively.
The total domestic production of natural gas amounted to 26.19 billion cubic metres until the end of June 2023, an increase of 2.3 per cent compared to the same period in 2022, when the total amounted to 25.60 billion cubic metres.
The offshore drilling rig of ONGC 'Sagar Samrat' has been commissioned as a mobile offshore production unit (Mopu) on December 23, 2022. The Sagar Samrat jackup is managed by ONGC, owned by ONGC and became operational in 1973. A mobile offshore production unit is any type of portable structu
New Delhi [India], August 23 (ANI): Natural gas production in India dropped to 2882.54 million standard cubic meters (MMSCM) in July 2022, which is 3.33 per cent lower than the monthly target and 0.40 per cent down from the production in July 2021, according to the official data released on
New Delhi [India], July 26 (ANI): The government has set a target to increase the share of natural gas in the country's energy mix to 15 per cent by 2030 from the current around 6.3 per cent, Minister of State for Petroleum and Natural Gas Rameswar Teli said on Monday.
New Delhi [India], May 24 (ANI): India's crude oil production fell by 0.95 per cent year-on-year to 2,469.67 thousand metric tonnes (TMT) in April due to lower output from fields operated by private firms, the government data showed on Tuesday.
London [UK], April 14 (ANI/Sputnik): The United Kingdom will not stop oil and gas production in the country despite ongoing large-scale protests by environmental activists, UK Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said on Wednesday.