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Inpex Eyes Australia Expansion

Sep 13, 2019

Inpex Corp, Japan's top oil and gas company, wants to expand in Australia at its Ichthys liquefied natural gas (LNG) plant and through potential acquisitions, as part of a plan to become a major regional gas company, its Australian boss said…

Xodus Hires Rivers

Sep 10, 2019

Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia.Rivers’ previous…

SE Asia to Expand Floating Solar Set to Grow

Sep 10, 2019

Floating solar photovoltaic (PV)  panels are making a splash in Southeast Asia. Development of floating solar PV power plants is expected to increase 100-fold in the region over the next five to 15 years, according to energy research firm Rystad Energy…

Plans for Israeli Gas Exports to Egypt on Track

Sep 09, 2019

Plans to start exporting gas from Israel to Egypt are on track but further steps are still needed before exports can commence, Egyptian petroleum minister Tarek El Molla said on Monday.'Everything is agreed on ... countries (involved) have already given their blessings…

India and Russia Sign Energy Deals

Sep 05, 2019

India and Russia have agreed on a five-year roadmap to step up cooperation in the hydrocarbon sector, including investment, not only in exploration and production in each other's oil and gas fields but also in downstream projects.India invited…

GA LNG Terminal Evacuated Ahead of Dorian

Sep 04, 2019

Kinder Morgan Inc has halted the startup process of its liquefaction facility at Elba Island near Savannah, Georgia, following mandatory evacuation orders as Hurricane Dorian approached, Chief Executive Officer Steven Kean said on Wednesday…

ADNOC Inks $600 Mln Deal with GIC

Sep 04, 2019

Abbu Dhabi National Oil Co (ADNOC) said on Wednesday it signed a $600 million pipeline infrastructure investment agreement with Singapore's sovereign wealth fund GIC.The deal follows previous investments by BlackRock, KKR and the Abu Dhabi Retirement…

CNOOC Earnings on the Rise

Aug 29, 2019

China's national offshore producer CNOOC Ltd reported a near 19% rise in first-half profit on Thursday, as higher sales of oil and gas offset weaker global oil prices.The listed arm of state-owned China National Offshore Oil Corp said that it…

BP Exits Alaska with $5.6Bln Sale

Aug 28, 2019

British oil major BP Alaska announced that it is selling its entire business to Hilcorp Alaska, marking the exit from Alaska after six decades.The $5.6 billion sale includes Opens a New Window.  interests in the Prudhoe Bay oil field, Point Thomson gas field and the trans-Alaska pipeline system…

Bribery Probe Slows Petrofac Sales

Aug 28, 2019

Petrofac Ltd on Wednesday reported a fall in first-half order intake and forecast lower 2020 revenue, citing uncertainty relating to an investigation into the oilfield services company's dealings in Saudi Arabia and Iraq.Petrofac, which designs…

Nord Stream 2 is 75% Complete

Aug 28, 2019

The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia…

SEA\LNG Expands Membership in U.S.

Aug 28, 2019

Houston-based Stabilis Energy has joined SEA\LNG, the multi-sector industry coalition which is seeking to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.Commenting on the development, Peter Keller, Chairman…

KNOT Signs Charter Contract with Total

Aug 28, 2019

Knutsen NYK Offshore Tankers AS (KNOT), a NYK Group company, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle tanker with French oil and gas giant Total for its Brazilian activities.The contract aims to use a 152…

BP Exits Alaska in $5.6 Bln Sale

Aug 27, 2019

British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years.The deal, which includes interests in the most prolific oil field in U…

US Offshore Wind Pipeline Reach 25.8GW

Aug 27, 2019

The U.S. offshore wind project development pipeline grew to a potential generating capacity of 25,824 MW across 13 states, including the Block Island Wind Farm commissioned in 2016.Projects totaling 21,225 MW have exclusive site control, meaning…

Current News

Malaysia: Tanjong Baram Field Contract Terminated

Malaysia: Tanjong Baram Field Contract Terminated

Lightning Sparks Fire at Hengyuan's Malaysian Refinery

Lightning Sparks Fire at Hengyuan's Malaysian Refinery

Petronas Braces for Severe 2020 Hit. 1Q Profit Down 68%

Petronas Braces for Severe 2020 Hit. 1Q Profit Down 68%

South Korea's DSME Wins $330M FSRU Order

South Korea's DSME Wins $330M FSRU Order

China to Boost Energy Reserve Capacity, Support Unconventional Gas Exploration

China to Boost Energy Reserve Capacity, Support Unconventional Gas Exploration

Rosneft Re-appoints Sechin as CEO

Rosneft Re-appoints Sechin as CEO

Indonesia OKs Coro's Duyung PSC Farm-In

Indonesia OKs Coro's Duyung PSC Farm-In

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