In 2022, LUKOIL will produce oil from three fields on the Russian shelf of the Caspian Sea

Turkmenistan holds a leading position in Central Asia in terms of cheap diesel fuel, the Global Petrol Prices (GPP) portal reports. The message says that the cost of diesel fuel in Turkmenistan by the end of April is $0.28 per liter.

The net profit of the French oil and gas company TotalEnergies decreased by 22% in the first quarter, amounting to $5.1 billion. This is due to a strong drop in gas prices in Europe - they fell by 45% over the year.

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company ADNOC, disclosing the results of the first quarter, announced that it will acquire the LNG plant in Ruwais Ruwais LNG from the parent company.

The US Department of Energy lowered the forecast for the price of Brent oil for 2024 from $88.55/bbl to $87.79/bbl,  the monthly forecast of the Energy Information Administration (EIA) department. The forecast for 2025 has been lowered more significantly: by $1.6 - from $86.98/bbl to $85.38/bbl.