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OTC Asia 2026

Marketing & Distribution

Medco Energi to sell gas from Aceh’s Block A in Indonesia to Pertamina

Medco Energi Internasional has agreed to sell gas from Aceh's Block A in Indonesia to Pertamina. The gas sales and purchase agreement (GSPA) for Block...

Saudi to hike April crude OSPs for Asia

Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April,...

Tethys Petroleum signs MOU with PetroChina International Kazakhstan

Tethys Petroleum has signed a memorandum of understanding (MOU) with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation...

Centrica increases gas purchase volume from Statoil and Gazprom Marketing & Trading

UK based utility firm Centrica has agreed to increased the volume of its gas purchase from Norwegian oil and gas firm Statoil and Russian...

Shell completes sale of Danish retail unit

Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk Fuels comprises Shell’s Retail,...

Iran to Revive Oil Sales to Eni- Soon

An Iranian deputy minister says the country will soon resume oil sales to Italy’s state energy producer Eni.   Roknoddin Javadi made the remarks...

Cepsa is awarded the collective fuel purchase by the OCU for the second year running

Cepsa has been awarded the second collective purchase of fuel organized by the Organization of Consumers and Users (OCU) .        ...

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