Downstream

Growing global demand for transition fuels drives the acceleration of gas development projects intended to secure long-term energy availability. By focusing on offshore gas supply and the expansion of LNG infrastructure, regional markets are prioritizing energy security while moving toward a lower carbon intensity in their energy mix.

The shifting landscape of Asian offshore energy markets focuses on low carbon development and offshore electrification to align traditional oil and gas operations with global sustainability targets. This transition is characterized by a dual-track approach that integrates renewable infrastructure with decarbonized fossil fuel extraction to maintain regional energy security.

In recent news, Chevron and Quantum Capital Group have come together for a joint bid concerning the international assets of Russian oil major Lukoil,...

Vistra Corp. has struck a deal in order to majorly expand its U.S. generation footprint by way of agreeing to acquire the portfolio from...

The Petroleum Projects and Technical Consultations Company of Egypt, PETROJET, has gone on to secure a $273 million EPC contract - engineering, procurement, and construction...

The federal government in Australia has gone ahead and unveiled a potential national domestic gas reservation scheme, wherein the gas exporters are going to...

Petronas LNG, which is a subsidiary of the state-owned oil and gas heavyweight Petronas of Malaysia, and CNOOC Gas and Power Singapore Trading &...