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China’s oil, gas imports climb in 2020

14 January 2021

China’s crude oil and natural gas imports both climbed to record highs in 2020, despite the COVID-19 pandemic severely depressing economic activity.

Squadron seeks foundation buyers for LNG project

14 January 2021

Australia’s Squadron Energy is striving to close talks with potential customers for its liquefied natural gas (LNG) import project at Port Kembla in New South Wales.

Occidental talks up carbon management plans

14 January 2021

Occidental Petroleum, which set out details of how it would achieve net-zero emissions from its operations late last year, has provided more details on the role carbon capture and storage (CCS) will play in its plans.

Indian oil demand shrank in 2020

14 January 2021

Although India’s oil demand shrank in 2020 for the first time in more than two decades, the country’s demand for liquid petroleum gas (LPG) climbed to new highs.

Strike launches WA petchem development

14 January 2021

Australian junior Strike Energy is progressing with an ammonia and urea manufacturing facility development in Western Australia, which will use natural gas supplied from the company’s onshore Greater Erregulla project.

Shale drillers urge restraint

14 January 2021

US crude prices are up at $53 per barrel, but leading shale drillers have said they will proceed with restraint, and have urged their peers to do the same.

PGS to reprocess 2D seismic data from Pelotas, Punta del Este basins

14 January 2021

Norway’s PGS has agreed to reprocess more than 11,000 km of existing 2D seismic data under a new agreement with ANCAP, the national oil company (NOC) of Uruguay.

Apache to assign Latin American assets to holding company

14 January 2021

US-based Apache said last week that it intended to assign its assets in Suriname and the Dominican Republic to a new holding that will be known as APA Corp.

Crown Point, Centaurus plan merger to boost profile in Argentina

14 January 2021

Crown Point Energy and Centaurus Energy have announced plans to merge in order to strengthen their position in Argentina, where they are working to develop conventional and unconventional oil and gas fields.

Ampol cautious over Lytton refinery’s stronger quarter

14 January 2021

Australian refiner and oil marketer Ampol has posted a fourth-quarter unaudited loss of AUD4mn ($3.1mn) for its Lytton refinery, marking an improvement in the facility’s fortunes.

Indonesia’s PGN unveils three-year gas plan

14 January 2021

Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.

Petrobras production hits all-time high in 2020

14 January 2021

Brazil’s national oil company (NOC) Petrobras said last week that its production levels had reached record highs in 2020.

Failed gas supply talks lead Methanex to idle Titan methanol plant

14 January 2021

Canada’s Methanex is preparing to scale back its presence in Trinidad and Tobago, keeping the Titan methanol plant idle after failing to hammer out a natural gas supply deal with state-owned NGC.

RdK begins talks with consortium on sale of Isla refinery

14 January 2021

Refineria di Korsou (RdK), the government-run operator of Curaçao’s only oil-processing plant, has announced plans to begin negotiations with another bidder for the sale of its main assets.

KOGAS launches new hydrogen unit

14 January 2021

South Korea’s state-owned KOGAS said on January 11 that it had launched a new hydrogen strategy as it aims to decarbonise its gas operations.

JinkoSolar aims to open world’s largest solar cell manufacturing facility

14 January 2021

JinkoSolar has recently started construction of a 20-GW large-scale solar cell manufacturing base in Chuxiong, Yunnan Province, China, which once completed will become the world’s largest single cell production plant.

Rosatom opens 210-MW wind farm in Russia

14 January 2021

Rosatom opens 210-MW wind farm in Russia

KKR closes $3.9bn Asia Pacific Infrastructure Fund

14 January 2021

US investment firm KKR has closed its $3.9bn KKR Asia Pacific Infrastructure Investors, which aims to focus on infrastructure-related investments across the Asia-Pacific region.

Ukrainian government will cap natural gas price for households in a move that endangers its IMF deal

14 January 2021

Ukrainian government will cap natural gas price for households in a move that may further jeopardise the country’s co-operation with the International Monetary Fund (IMF)

Siemens Gamesa, Siemens Energy to develop offshore green hydrogen production

14 January 2021

Siemens Gamesa and Siemens Energy have unveiled plans to work together to develop a new green hydrogen production technology using offshore wind turbines.

Moldova fears flooding from Ukraine's planned Dniester hydropower plants

14 January 2021

President Maia Sandu plans to ask to EU opinion on Kyiv's plans as environmental groups say existing HPPs are responsible for flooding in Moldova.

Hydro lobby talks up benefits in Western Balkans

14 January 2021

The International Hydropower Association (IHA), Albanian Power Corporation (KESH) and the Swiss government have launched a new campaign to improve the environmental sustainability of hydro projects in the Western Balkans.