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Inpex raises full-year profit forecast 17%

12 August 2022

Japan’s Inpex raised its profit forecast for the whole of 2022 by 17% this week. This came after higher oil prices and the depreciation of the yen against the US dollar boosted the company’s earnings in the first half of the year.

Keppel terminates contracts with three customers

12 August 2022

Singapore’s Keppel said last week that it had terminated three contracts with separate customers, relating to construction of two rigs and a liftboat.

Shell postpones Prelude turnaround amid industrial action

12 August 2022

Shell said this week that it was postponing planned maintenance on the Prelude floating LNG (FLNG) project offshore Australia.

Senex unveils Surat Basin gas expansion plans

12 August 2022

Australia’s Senex Energy has said it will invest more than AUD1bn ($710mn) into an expansion of its Atlas and Roma North gas projects in Queensland’s Surat Basin.

ADM completes 17th cargo lift at offshore Nigerian oil field

12 August 2022

ADM Energy, a natural resources investing company listed in the UK and Germany, has announced the completion of the 17th cargo lifting at the Aje Field, offshore Nigeria.

bneGREEN: Germany’s nuclear crunch challenges green future

12 August 2022

Support for nuclear power has surged in Germany as the government ponders how to keep the lights and heating on this winter while meeting demand from industry, despite likely vastly reduced imports of Russian gas.

COMMENT: Can Russia pivot its European gas sales to Asia?

12 August 2022

The search for alternative markets is being stepped up to secure the long-term future of the Russian gas industry. In the short-term Russia can't switch to Asia, but by the early 2030 Russia could be sending up to 126bcm to Asia.

Perspectives | Beijing and Moscow clash over Kazakhstan’s oil

12 August 2022

China wants Russia to stop interfering with Kazakh oil exports.

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