AsianOil - Asia Oil & Gas
State-owned China National Petroleum Corp. (CNPC) has said that it will target clean energies making up half its output by 2050 as the country works towards achieving carbon neutrality by 2060.
South Korea’s SK E&S and China’s Beijing Gas Group have agreed to collaborate on LNG and blue hydrogen. The two companies signed a joint co-operation agreement at the World Gas Conference in late May.
Malaysia’s Petronas reported this week that its net profit for the first quarter of 2022 had come in at MYR23.4bn ($5.3bn), up 154% on net profit of MYR9.2bn ($2.1bn) a year ago.
Prime Infra is buying a controlling stake in the Malampaya gas field in the South China Sea, bolstering the field's prospects to have its life extended
Woodside Energy has completed its merger with BHP Petroleum International, the oil and gas business of mining giant BHP.
Shell Australia announced on May 30 that it had taken a final investment decision on the Crux natural gas project offshore Western Australia.
Shell Australia has taken a final investment decision on the Crux natural gas project offshore Western Australia.
Australia’s Western Gas said on May 27 that it had spudded the Sasanof-1 exploration well on the country’s North West Shelf.