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(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news. Read on to find more of World Oil’s top news stories of the year.
1: Canadian Overseas Petroleum confirms 993-million-barrel oil discovery in Wyoming
Canadian Overseas Petroleum Limited and its affiliates have received a Resource Report prepared by independent energy consultancy Ryder Scott confirming its deep oil discovery on its affiliate COPL America Inc.’s lands in Converse and Natrona counties, Wyoming.
2: New North Sea gas field goes into production, boosting UK energy security
A new gas field found under the North Sea off East Anglia has this week produced its ‘first gas’ – and more such developments are on the way, according to IOG.
3: Russia’s seaborne crude oil exports keep coming
Russia’s seaborne crude exports are flowing unabated, despite European Union regulations that prohibit dealings with the country’s state energy companies.
4: Russia using tiny Egyptian port to get oil to market
Russia appears to have found a new means of getting its oil to market with Western sanctions looming for Moscow.
5: The U.S. may never build a new refinery, Chevron CEO says
There may never be a new refinery built in the US despite surging gasoline prices as policymakers move away from fossil fuels, according to Chevron Corp.
Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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