Latest Stories

Moldovan trader signs gas deal with BOTAS

Indonesian gas company Pertamina makes major carbon trading move

Pertamina Patra Niaga, a subsidiary of state-owned oil and gas company PT Pertamina (Persero) and part of the Commercial & Trading subholding, has actively participated in carbon trading.

Global efforts at stopping fossil fuel use unrealistic, says Beijing

In a statement delivered from Beijing on September 22, Xie Zhenhua, China's leading climate envoy, pushed back against calls for more forceful condemnation of coal, oil and gas use at the United Nations headquarters.

Saudi Aramco purchases interest in LNG developer MidOcean Energy

Saudi Arabia’s state-run petroleum and natural gas company Saudi Aramco revealed on September 28 that it has purchased a minority stake in LNG company MidOcean Energy.

Indonesia's state-owned oil and gas company Pertamina on its largest project yet: Balikpapan Refinery Development Master Plan

TotalEnergies sounding a cautious note on Venus-1X offshore Namibia

TotalEnergies says it must spend more than a year carrying out drilling programmes and analysing its results before committing to development at Block 58.

Vietnamese and Malaysia marine service companies establish joint venture

Vietnam’s Hai Duong Petroleum and Marine Corporation (Haduco) and RMS Synergy of Malaysia have formed a joint venture service company with the intention of providing services to oil and gas contractors in Malaysia.

Malaysian state premier reveals new efforts in Sarawak’s sour gas industry

The Premier of Sarawak in Malaysia, Tan Sri Abang Johari Openg, has unveiled plans to establish the coastal town of Bintulu as the central hub for the Sarawak Integrated Sour Gas Evacuation System (SISGES).

Uzbekistan aims to ban disposable plastic products from 2026

Oman’s Duqm Refinery exports shipment of high-quality diesel

Oman’s new Duqm Refinery has sent its first shipment of high-quality diesel in line with international specifications, with news emerging amid the plant’s push towards full commercial operation.

PetroSA searches for partners to revitalise Mossel Bay refinery

PetroSA aims to reverse its current predicament by revitalising its moribund Mossel Bay refinery and securing a long-term supply of feedstock.

Alcazar Energy acquires rights to 118MW wind farm project in Montenegro

Bulgaria risks losing €800mn if plans for closure of coal industry are not presented to EU

Czech government clears takeover of gas grid operator

Serbia to hike electricity price by 8% as of Nov 1

Bulgaria’s Chiren gas storage full at record-high 96.2% ahead of winter

Mexico’s diesel prices set to increase after Russia’s oil-products exports ban

Diesel retail prices in Mexico have reached their highest point this year and are set to increase in October due to lower supply after Russia halted exports of diesel and gasoline.

More crude oil exploration and green ambitions not contradictory, Brazilian minister says

Brazil's energy minister, Alexandre Silveira, insists there is "no contradiction" between his country’s plans to increase oil and gas exploration and its ambition to lead the world in transitioning to green energy.

Shenghong enters preliminary deal with Saudi Aramco

Privately controlled Chinese refining major Jiangsu Eastern Shenghong Co Ltd has entered a preliminary agreement with Saudi Aramco in a move that would make the Middle Eastern company a minority stakeholder in its refining and petrochemical unit.

Brazil’s northern regions, World Bank sign MoU on hydrogen, clean energy

Brazil’s so-called Northeast Consortium and the World Bank have signed a memorandum of understanding for the development of clean-energy projects, including hydrogen and solar, plus water and sanitation, and connectivity.

ECtHR hearing case brought by youths against 32 countries including Turkey for global warming failures

Omani firms sign agreement for marine engine oil

Zamlim scales up C&I solar, e-mobility operations in South Africa

Vietnam's upstream sector looking good as offshore projects gain momentum

In a recent report released by analysts at BMI Research in London, a Fitch Solutions owned firm, the spotlight has well and truly been pointed at Vietnam's upstream sector.

France welcomes first floating storage regasification unit

France has joined the list of European countries beefing up their LNG capacity with new terminals following the arrival of the country’s first floating storage regasification unit at the northern port of Le Havre.