Malampaya supplies 20% of the electricity supply of Luzon, the largest island in the Philippines.
In 2023, the Czech Republic needed 7.4 million tons of crude oil, more than half of which came from the Russian Druzhba pipeline.
TotalEnergies has a global portfolio of 44 million tons of LNG per year in 2023.
Since the end of 2018, Egypt has not imported LNG, except for four domestically produced cargoes.
TotalEnergies will collaborate with both companies to increase hydrocarbon production.
The Lingshui 36-1 gas field is located in the western region of the South China Sea.
TotalEnergies currently has 1.1 GW of installed capacity and 4.5 GW under development in the country.
The company details that any findings in this license could be leveraged by Eirin's infrastructure and establish a connection to the Gina Krog platform.
Government revenues from exploration and production could decrease by 84% in a Zero Net Emissions scenario, according to Carbon Track.
The company announced the sale of 1,545 million shares on the Saudi stock exchange, setting prices between $7 and $7.70 per share.
The pipe will be repaired by Gassco and production will continue normally and with no further news.
The US DOE has so far recompleted 38.6 million barrels and will continue to evaluate opportunities to increase the Strategic Reserve.
