Oil and gas news around the world

Here are some recent oil and gas news from around the world:

Global

• OPEC+ agrees to increase oil production by 400,000 barrels per day (bpd) in July, despite concerns over rising COVID-19 cases and global economic uncertainty. (Source: Reuters)
• The International Energy Agency (IEA) warns that the global energy system is at a "critical juncture" due to the COVID-19 pandemic, and that a rapid transition to cleaner energy is needed to avoid catastrophic climate change. (Source: IEA)

North America

• The US Energy Information Administration (EIA) reports that US crude oil production reached a record high of 12.2 million bpd in March, despite the ongoing pandemic. (Source: EIA)
• Canada's oil sands production is expected to decline by 10% in 2022 due to pipeline constraints and environmental concerns. (Source: Bloomberg)

Europe

• The European Union (EU) agrees to reduce its greenhouse gas emissions by at least 55% by 2030, as part of its efforts to combat climate change. (Source: EU)
• Norway's Statoil (now Equinor) announces plans to increase its oil and gas production in the North Sea, despite concerns over climate change. (Source: Reuters)

Asia

• China's state-owned oil company, Sinopec, reports a 14% increase in first-quarter profits, driven by higher oil prices and increased refining capacity. (Source: Reuters)
• India's oil demand is expected to grow by 4% in 2022, driven by increasing economic activity and urbanization. (Source: Bloomberg)

Middle East

• Saudi Arabia's state-owned oil company, Aramco, reports a 30% increase in first-quarter profits, driven by higher oil prices and increased refining capacity. (Source: Reuters)
• Iran's oil exports are expected to increase by 500,000 bpd in the second half of 2022, following the lifting of US sanctions. (Source: Bloomberg)

Africa

• Nigeria's oil production is expected to decline by 10% in 2022 due to pipeline theft and sabotage. (Source: Bloomberg)
• South Africa's state-owned oil company, PetroSA, reports a 12% increase in first-quarter profits, driven by higher oil prices and increased refining capacity. (Source: Reuters)

Latin America

• Brazil's oil production is expected to increase by 10% in 2022, driven by new discoveries and increased investment in the oil sector. (Source: Bloomberg)
• Mexico's state-owned oil company, Pemex, reports a 14% increase in first-quarter profits, driven by higher oil prices and increased refining capacity. (Source: Reuters)

These are just a few examples of recent oil and gas news from around the world. If you're looking for more information, I'd be happy to help!