Indonesian upstream regulator SKK Migas has confirmed that Repsol’s (BME:REP) Kali Berau Dalam (KBD) gas discovery, initially thought to be the country’s biggest find in 18 years, is significantly smaller than expected, putting the mega project in doubt.
Japan’s Inpex has reiterated that it is targeting start-up of the stalled Abadi LNG project in the Masela Block offshore Indonesia in the early 2030s.
Australia’s carbon capture, utilisation, and storage (CCUS) sector looks set for a boost as oil and gas companies, including BP (LON:BP), Santos (ASX:STO), and Woodside Energy (ASX:WDS), are investing heavily in large-scale projects.
A longstanding US lawsuit filed against ExxonMobil (NYSE:XOM) that alleges the oil and gas giant was responsible for human rights violations, including sexual assault, battery and wrongful death, that was committed by members of the Indonesian military, looks set to be heard after 20 years, as the company’s repeated attempts to block the trials have been overturned.
The Indonesian government is directing national oil company Pertamina to buy Shell’s (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japan’s Inpex (TYO:1605).
Russia’s government ordered the establishment of a new operator for the Sakhalin-2 liquefied natural gas (LNG) project in the Far East region, according to a document published in the nation’s legal database.
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
AG&P aims to commission the Philippines' first liquefied natural gas (LNG) import terminal this December as part of the company’s strategy to operate five LNG regasification facilities across Asia by 2025.
Australia should tighten measures to curb natural gas exports from one of the world’s biggest suppliers to avoid a domestic fuel crunch, according to the nation’s competition watchdog.
Thailand’s PTTEP (BKK:PTTEP) has announced another “significant gas discovery” from its first exploration well in the United Arab Emirates (UAE), together with partner Eni (MIL:ENI) of Italy, that paves the way for “establishing a strong presence” in the Middle East nation.
A potential resurgence in nuclear power combined with increasing renewable energy capacity could see less liquefied natural gas (LNG) fueled power projects built in South Korea than previously anticipated.
An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to these nations.
The coal plus renewables energy transition led by Asia Pacific’s largest growth markets – China and India – is gathering speed. Significantly, it is a lot cheaper than the natural gas plus renewables path followed by the EU and US to lower emissions.
Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter.
BP (LON:BP) and Reliance are expected to start commissioning of the MJ gas development in the KG D6 deepwater Block offshore eastern India later this year. The MJ field will have an annual average production capacity of 90 million barrels of oil equivalent per day (boed).
Shell (LON: SHEL) has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea.
Australia’s Woodside Energy Group (ASX:WDS) today issued a clarification on full year 2022 production guidance after confusion reigned yesterday after it appeared that production guidance had been reduced by 4 million barrels of oil equivalent (boe) in yesterday’s trading update.
TotalEnergies said it will launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project's upstream production facilities in Papua New Guinea (PNG).
Chain National Offshore Oil Corporation (CNOOC) is offering 13 offshore exploration oil and gas blocks to foreign companies as part of its 2022 bidding round.
Italy’s Eni (BIT:ENI) is offering to sell its Krueng Mane Block offshore Aceh in Indonesia to London-listed Harbour Energy (LON:HBR), reported Indonesian upstream regulator SKK Migas. Significantly, the potential acquisition seems logical given that Harbour’s recent exploration success could trigger a new development area in the region.
DNV is providing technical advice and support to Pipeline Infrastructure Limited (PIL) on the integration of blended hydrogen into its gas trunkline assets in India – including transmission pipelines, interconnects and spur lines, compressor, valve, as well as metering stations and equipment.
China’s biggest offshore oil driller said it more than doubled first half profits from a year ago amid a surge in oil and gas prices.
South Korea’s Samsung Engineering has won a $680 million engineering, procurement, construction and project management contract to build an onshore gas plant for Shell’s Rosmari Marjoram development in Sarawak, Malaysia.
TotalEnergies’ (LON:TTE) is planning to explore a large undrilled shallow-water gas prospect in the Cape Vogel basin offshore Papua New Guinea (PNG) after signing a technical cooperation agreement with Australia’s Lakes Blue Energy.
UK-listed Harbour Energy (LON:HBR) has announced initial success at its play-opening deepwater Timpan-1 exploration well offshore Indonesia in the North Sumatra basin. Significantly, the initial result bodes well for the frontier area and could open up more petroleum plays, which are thought to be gas prone.