Indonesia’s oil and gas sector faces declineAugust 16, 2017 // 3 CommentsIndonesia’s oil and gas sector, once considered to be a cornerstone of the country’s economy, is now in a slump as it [...]
Kansai Electric, Itochu to build and operate a natural gas power plant in the USAugust 14, 2017 // 1 CommentJapanese electric utility Kansai Electric Power and trading house Itochu Corporation are taking advantage of the shale gas [...]
China moves towards clean energy target for gas consumptionAugust 11, 2017 // 2 CommentsChina is pushing forward towards its clean energy agenda of using gas to satisfy 10% of the country’s energy needs by the [...]
Sarawak, Malaysia announced formation of its oil and gas company PetrosAugust 9, 2017 // 1 CommentThe Malaysian state of Sarawak has successfully formed its own wholly-owned oil and gas company, Petros, which will enable [...]
Joint oil, gas investment deal signed by Iran, Russia and TurkeyAugust 9, 2017 // 1 CommentA joint investment agreement for the development of oil and gas field projects has been signed by Iran’s Ghadir Investment [...]
Iran expects US$15 bn in foreign oil, gas investments before April 2018August 8, 2017 // 3 CommentsIran is expecting to get as much as US$15 billion in foreign deals and investments for oil and gas projects before April [...]
Egypt’s Zohr gas field to produce 500 mn sqft of gas by end of 2017 –Eni CEOAugust 2, 2017 // 0 CommentsEgypt’s massive gas field Zohr is expected to produce 500 million square feet (46.5 million cubic meters) of gas by the [...]
ADNOC seeks partners for Asian market expansionJuly 28, 2017 // 1 CommentAbu Dhabi National Oil Company (ADNOC), a state-owned oil company of the United Arab Emirates (UAE), is looking for partners [...]
Thailand’s PTTEP buys 10% stake in Petronas’ Bintulu LNG complexJuly 28, 2017 // 0 CommentsMalaysian state-owned oil and gas company Petroliam Nasional Bhd (Petronas) has sold a 10% stake in Petronas LNG 9 Sdn Bhd [...]
Malaysia’s Petronas drops C$363 bn LNG project in western CanadaJuly 26, 2017 // 2 CommentsMalaysian state-owned oil and gas company Petroliam Nasional Berhad (Petronas) has dropped the proposed C$36-billion [...]