News
December 21, 2022
The two companies signed a letter of agreement to extend the Block PM 307 Production Sharing Contract covering the Bertam Field, offshore Peninsular Malaysia from Aug. 15, 2025, to Aug. 14, 2035.
News
December 13, 2022
Sarawak Shell Berhad, a subsidiary of Shell Plc, has agreed to sell its stake in two offshore production-sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production.
News
December 07, 2022
CNOOC Ltd. announces today that Enping 15-1/10-2/15-2/20-4 oilfields joint development project has commenced production.
News
November 30, 2022
Tokyo Gas Co. Ltd., Osaka Gas Co. Ltd., Toho Gas Co. Ltd. and Mitsubishi Corp. have entered into an agreement to conduct a detailed joint feasibility study on a project to produce synthetic methane in Texas or Louisiana, liquefy it at the existing Cameron LNG facility, and transport it to Japan.
News
November 14, 2022
Chevron Corp. company sees potential for geological formations such as those at its Gorgon liquefied natural gas facility in Western Australia to be used for storage of third-party emissions from Asia.
News
November 03, 2022
China looks set to receive an influx of seaborne crude oil in the coming weeks as higher volumes bought before its latest Covid shutdowns head for its ports.
News
November 01, 2022
Shell Petroleum N.V. (Shell Petroleum) on Tuesday said it has completed the sale of its 100% shareholding in Shell Philippines Exploration to Prime Infrastructure Capital subsidiary Malampaya Energy following final JV and regulatory approvals.
News
October 14, 2022
President Xi Jinping has promised a slow and steady end to the growth of planet-warming emissions in China, with energy security taking top priority as the country contends with a flagging economy and tumult on global fuel markets.
News
September 21, 2022
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia.
News
September 06, 2022
Sarawak Shell Berhad, together with PETRONAS Carigali Sdn Bhd, has taken a final investment decision to develop the Rosmari-Marjoram gas project. Gas production is expected to start in 2026.
News
August 16, 2022
Jiangsu Strong Wind Shipyard finished constructing a new floating production unit and it has been delivered to ABS Class. It will be towed from China to Indonesia for installation at the Madura Block gas fields offshore East Java, Indonesia.
News
July 13, 2022
Mubadala Petroleum announced that the drilling of the Timpan-1 exploration well offshore North Sumatra, Indonesia, has been completed with the discovery of a 390-foot gas column.
News
June 01, 2022
This achievement further establishes the company as a strategic player in the international energy sector and marks a 22% increase in production from 2021.
News
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
News
March 11, 2022
Saudi Arabia is strengthening energy ties with China, as the oil producer Aramco agreed to build a multi-billion dollar refining and chemicals project.
News
March 10, 2022
Europeans are very lucky that it was a warm winter, panelists said during CERAWeek by S&P Global energy conference, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.
News
March 08, 2022
The world and energy market are at a point in history, as important as the end of both world wars, and that was true before the Russian invasion of Ukraine, said Atlantic Council President and CEO Frederick Kempe.
News
January 18, 2022
China’s overseas shipments of fuels fell for a second year as Beijing tightened export quotas, in part to ensure sufficient domestic supply.
News
January 11, 2022
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap oil.
News
January 04, 2022
China slashed its fuel export quota by more than half in the first batch of allocations for 2022, highlighting the nation’s strategy of progressively limiting overseas sales.
News
January 25, 2021
The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, shell companies and silenced satellite signals. But there’s another aspect to the dodge. It involves “doping” the oil with chemical additives and changing its name in the paperwork so it can be sold as a wholly different crude without a trace of its Venezuelan roots.
