News
Following A Price Cap, Russia Says May Reduce Oil Production
In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7%...
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Newest Mexico Oil Refinery To Run Half Strength By Mid-2023
According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex...
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Cyprus Gas Discovery Offers Significant Energy Potential
According to the Cypriot government, a recent gas discovery off the coast of Cyprus demonstrates the bright energy potential of...
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Australian Market Interference Interrupts $674m Gas Project
The Australian government's radical intervention in the gas market has shown that it could hurt future investments. For instance, Senex...
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Findings that doubled exploration success in Malaysia in 2022
Off the coasts of Sarawak, Sabah, and Peninsular Malaysia, a total of nine oil and gas discoveries were made. Petronas...
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Russian Oil Exports Fell 11% For First 10 Days of December
According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments...
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Russia Sees A Crude-By-Rail Export Boost For China And Asia
In order to enhance crude supplies to China and the Asia-Pacific region, Russia is getting ready to restore rail loading...
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Norway Oil And Gas November Output Fell Short of Forecasts
According to preliminary figures from the local regulator released recently, Norwegian crude oil and natural gas production fell short of government...
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Nordic-Baltic And Baltic Sea Pipeline Alliances Studied
Today, two significant collaborations have been revealed, one for the creation of a Nordic-Baltic Hydrogen Corridor and the other for...
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Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA
Fast Offshore Supply Pte Ltd , Asia's largest offshore crew boat operator, has signed an MOU to jointly develop an...
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