Upstream
CNOOC Limited begins production on block development project offshore China
The project is in the south Bohai Sea, with an average water depth of around 19 m. The main production...
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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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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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European Refiners Overloaded As Fears of Oil Shortage Recede
As a result of the impending EU ban on Russian oil, European refineries are now overstocked with petroleum, contrary to...
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Sakhalin 2 From Russia Expects A Decline In LNG Shipments
The Sakhalin 2 development in Russia's far east may need to restrict gas production, according to state-controlled gas giant Gazprom,...
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Oil And Gas Projects No More To Be Funded By UOB Singapore
In line with an increasing number of European lenders, Singapore's United Overseas Bank (UOB) will not offer any new project...
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Booming Guyana Auctions Offshore Oil Under New Fiscal Terms
According to the vice president of the South American country, Guyana, one of the world's busiest oil drilling regions, will...
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Mexico To Build $5bn LNG Plant To Ease Europe Energy Crisis
Mexico has revealed plans to invest up to $5 billion in an LNG hub on its Caribbean coast in order...
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