AsianOil - Asia Oil & Gas
China’s Guangzhou Development Group (GDG) has signed a long-term supply agreement for LNG from an export terminal that Houston-based MPL plans to build at Puerto Libertad in Mexico’s Sonora State.
The Dorado project, which is being developed by Santos and Carnarvon Energy offshore Western Australia, has taken what has been described as a significant step towards a final investment decision.
The Dorado project, which is being developed by Santos and Carnarvon Energy offshore Western Australia, has taken what has been described as a significant step towards a final investment decision (FID).
Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.
Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.
Service provider Petrofac announced on April 1 that it had been awarded a “major” decommissioning contract by the Australian government for the Northern Endeavour FPSO.
India’s state-owned Oil and Natural Gas Corp. (ONGC) is advancing plans for new offshore exploration.
Thailand’s state-owned PTT Exploration and Production (PTTEP) has joined the ranks of oil and gas companies to adopt a long-term goal of net zero greenhouse gas (GHG) emissions.