Saudi Arabian Oil Co. (Saudi Aramco) has agreed to build a refinery and petrochemical plant in China costing an estimated $13 billion, deepening ties between the world’s biggest oil seller and its largest importer.
BP has agreed to supply Indonesia’s state-owned electricity firm PT Perusahaan Listrik Negara (PLN) with 16 cargoes of liquefied natural gas (LNG) a year from 2020 to 2035, Indonesia’s oil and gas regulator SKKMigas said on Wednesday.
Poland’s state-controlled oil and gas company, PGNiG, is mulling to expand its unconventional exploration and production activities in Pakistan, tapping also shale resources, Pakistani state news agency APP said this week.
Exxon Mobil announced earlier this week positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, located 13 miles northwest of its operated Hides gas field, Kallanish Energy learns from the company.
Russian natural gas producer Gazprom and Chinese oil and gas company CNPC have contracted pre-development surveys with the intention to build underground gas storage (UGS) facilities in three provinces in China, Gazprom said on Monday.
China’s Hebei Province’s Development & Reform Commission (DRC) and its Economy & Information Commission (EIC) have announced more details about a plan for an electricity price policy for the steel industry, according to the Hebei Daily newspaper.
Malaysia’s state oil and gas firm, Petronas, is mulling to implement shorter-term liquefied natural gas (LNG) contracts and smaller cargo sizes to tempt buyers in the oversupplied global market, company officials said this week.
Japanese oil refiners Showa Shell Sekiyu KK and Idemitsu Kosan said Tuesday that have formed a business alliance to enhance and promote further collaboration prior to the integration of the companies, Kallanish Energy reports.