Denmark wants to end fossil fuels in domestic aviation by 2030

(Bloomberg) --Denmark’s government wants to drop fossil fuels in domestic air travel by 2030 in its most recent push to meet its climate targets. The Nordic country, which recently proposed to boost investments in the green hydrogen industry, wants the first domestic flights to use green fuel no later than in 2025, Prime Minister Mette Frederi...

Damaged pipeline cuts Libya’s oil output by 200,000 barrels per day

(Bloomberg) --Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline. The latest outage comes less than two weeks after militias shut down the OPEC member’s biggest field, Sharara, causing output to fall by around 350,000 barrels a day. Together, the closures will r...

Gazprom misses 2021 gas export targets, straining European markets

MOSCOW (Bloomberg) --Russian gas giant Gazprom PJSC missed its own “conservative” target for 2021 exports to Europe, and those capped flows contributed to the continent’s worst energy supply crunch in decades. Gazprom delivered 185.1 billion cubic meters to its main clients abroad, including Turkey, China and Europe, excluding the former S...

TGS and WesternGeco continue OBN seismic acquisition in the U.S. Gulf of Mexico

OSLO - TGS, a global provider of energy data and intelligence, in a strategic collaboration with WesternGeco, the geophysical services product line of Schlumberger, announced the continuation of their ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. Data processing and imaging are by WesternGeco. The 16...

Germany, Austria blast EU’s “greenwashing” of natural gas projects

(Bloomberg) --Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens -- who joined Germany’s new ruling coalition following September’s election -- criticized the...

Defying U.S. sanctions, Venezuela doubles crude oil exports

(Bloomberg) --Oil exports from Venezuela doubled in December from a year earlier as the country raises production of revenue-generating hydrocarbons in defiance of U.S. sanctions. Shipments averaged 619,000 barrels a day in December. The OPEC-founding member increased exports for a third straight month with the support of ally Iran, which booste...