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China's Crude Imports Surged 25% in July

Aug 07, 2020

China's crude imports surged 25% in July from a year earlier, as massive purchases made while prices collapsed in April arrived and as some shipments delayed at ports in June finally cleared customs.China, the world's top crude oil importer, brought in 51.29 million tonnes of oil last month, equal to 12.08 million barrels per day (bpd), data from the General Administration of Customs showed on Friday…

Taiwan's CPC says it has Australian Approval for Dorado Project

Aug 16, 2023

Taiwan's state-owned energy company CPC said Wednesday it had received Australian government approval to acquire four subbasin permits in oilfields off Western Australia from Carnarvon Energy.CPC's subsidiary OPIC Australia Pty Ltd reached the deal with Carnarvon in February…

Saudi Arabia Cuts May Crude Prices to Asia by $4.2 Per Barrel

Apr 13, 2020

Saudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai average, down $4.2 a barrel from April, according to a document seen by Reuters on Monday.It has cut the…

Current News

Valeura Energy Consolidates Thai Oil and Gas Assets

Valeura Energy Consolidates Thai Oil and Gas Assets

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Floating Wind and the Taming of Subsea Spaghetti

Floating Wind and the Taming of Subsea Spaghetti

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Equinor Tries Again for a Japan Offshore Wind Lease

Equinor Tries Again for a Japan Offshore Wind Lease

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

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Polish oil and gas group Orlen might suspend or terminate Olefins job
Nippon Steel revises down earnings projection, says United States Steel deal on track
SHORT TAKE-UAE promises to cut emissions by 47% by 2035.
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