Westwood Global Energy reported that Repsol has opened commercial packages for its outstanding jack-up tender for drilling offshore Malaysia and is going through final evaluations before sending it to Petronas for approval.
Japanese upstream player Inpex will provide A$1.5 million ($1.162 million) in research funding to Future Energy Exports Cooperative Research Centre (FEnEx CRC) to help develop new technologies that will lower the cost and carbon emissions of energy production in Australia.
BP has restarted operations at its second liquefied natural gas (LNG) export train at the Tangguh complex in Indonesia following mechanical irregularities.
By Institute for Energy Economics and Financial Analysis (IEEFA)
The race to develop liquified natural gas (LNG) import facilities in the Philippines has gone from a marathon to a sprint but potential LNG investors must proceed at their own risk, due to high regulatory and financial uncertainty, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Philippine tycoon Dennis Uy's Udenna conglomerate struck a deal worth up to $460 million to buy a gas exploration and development company from Shell last week. The deal, which attracted a premium valuation and boosts Udenna’s share in the Malampaya gas field to 90%, is positive for both the Philippines and Shell.
An unprecedented fight over who should sit on the board of ExxonMobil is turning into a referendum on chief executive Darren Woods as a decades-long struggle by climate campaigners comes to a head.
BP has been forced to shut down operations at its second liquefied natural gas (LNG) export train at the Tangguh complex in Indonesia due to mechanical irregularities.
Total and ArcelorMittal Nippon Steel (AMNS) have signed a deal for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.
Brent oil was heading for the biggest weekly decline since March, with the market bracing for the prospect of more Iranian crude flows as the nation inches closer to a revived nuclear deal.
Australian oil and gas producer Woodside has teamed up with Japanese companies IHI and Marubeni to explore production and export of "green ammonia" to Japan.
China oil giant Sinopec has started operating its first petrol station where solar panels can fully meet its power needs, as the company pushes ahead in its quest to become a renewable powerhouse.
Denmark’s Ørsted, Japan Wind Development (JWD) and Japan’s Eurus Energy have formed a partnership with the aim of jointly developing offshore wind projects in the Akita Prefecture region in Japan.
PGNiG has acquired a 25% interest in the Musakhel Block in central Pakistan, which the Polish state oil and gas producer estimates holds 16 billion cubic metres of gas resources.
Despite major global economies moving away from coal to curb carbon emissions, coal is set to maintain its dominance in Indonesia’s power mix during 2021-30, as a decisive renewable energy policy remains absent.
Norway-based Stena Power & LNG Solutions will provide front-end engineering and design (FEED) services for Delta Energy Offshore’s proposed liquefied natural gas (LNG) import terminal in southern Vietnam
India’s liquefied natural gas (LNG) importers are asking suppliers to defer deliveries as measures to curb the spread of the Covid-19 virus have cut demand for the fuel.
Thailand’s PTT Exploration & Production (PTTEP) and Malaysia’s Petronas have made a second gas discovery in the shallow waters of Balingian province off the Malaysian state of Sarawak.
The Australian government has stepped in to rescue the country’s two remaining refineries with a A$2 billion ($1.6 billion) package it said will safeguard fuel security.
State-run Electricity Generating Authority of Thailand (Egat) and national energy conglomerate PTT are jointly studying a development proposal for a 5 million tonne per year floating storage regasification unit (FSRU) to import liquefied natural gas (LNG).
Australia’s Woodside Petroleum said today that it has decided to exit its 50% non-operated interest in the proposed Kitimat liquefied natural gas (LNG) export project in Canada. However, finding a buyer for the Chevron-operated development, will prove challenging.
GE Renewable Energy and Toshiba Energy Systems and Solutions have made a strategic partnership agreement to develop local manufacturing of GE’s Haliade-X offshore wind turbine in Japan as the market is set to boom.
There are increasing signals that the long-stalled multi-billion dollar Block B gas project offshore Vietnam could finally start making progress again this year.
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint.