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The temporary closure of the Nghi Son Refinery leads to petrol shortfall in Vietnam
Major petroleum enterprises in Vietnam are gearing up to increase petrol imports due to an impending shortage of petroleum supply, after the leading Nghi Son Refinery will be shut down for maintenance from August 25.
Bolivia’s YPFB sells $1.2bn of natural gas in H1 2023
Bolivia’s national oil company (NOC) YPFB sold over $1.2bn of natural gas to customers in Bolivia as well as Brazil and Argentina in the first half of 2023.
Brazil’s Migratio aims to tap into biomethane market
Iran's petrol consumption hits record high
Iran exports 45mn m3 of natural gas to neighbours daily
Iran is currently exporting 45mn cubic meters of natural gas to neighbouring countries, says the Gholam Abbas Hosseini, the acting head of National Iranian Gas Company.
Kyrgyz government under fire for permitting power-thirsty crypto farms while declaring energy state of emergency
Iran's annual petrochemical exports hit $16bn in previous Persian year to March 2023
Iran exported 27 mn tons of petrochemical products to target export destinations during the last Iranian year (March 2022-23), generating an estimate of $16 bn, says a deputy minister of oil.
ExxonMobil reports drop in second-quarter profit
Supermajor ExxonMobil posted its results for the second quarter of 2023 on July 28. The company’s second-quarter earnings came in at $7.9bn, or $1.94 per diluted share, falling short of analyst expectations.
ConocoPhillips raises production forecast despite profit miss
US-based ConocoPhillips has raised its production forecast for the whole of 2023 slightly to 1.80-1.81mn barrels of oil equivalent per day, from prior guidance of 1.78-1.80mn boepd.
AER data show Alberta’s oil production at seven-year low
Oil production in the Canadian province of Alberta fell to a seven-year low in June amid maintenance at oil sands sites, though the data are also incomplete.
US discussed ‘creative ways’ to help get rare earths out of Mongolia
Surrounded by China and Russia, landlocked country is in a delicate geopolitical position.
Brazil’s RRC signs deal with Trident Energy to decommission subsea assets in Campos basin
RRC Tecnologia e Inovacao has signed a 12-month consultancy contract with Trident Energy do Brasil for the decommissioning of flexible pipelines and subsea equipment in the Campos basin west of Rio de Janeiro.
Western Australia’s ‘missing link’ pipeline opens NE of Perth
The 580-km Northern Goldfields Interconnect (NGI) gas pipeline in the country’s biggest state connects Dampier City, a 1,530-km road trip north of the state capital, to the long-standing Bunbury Natural Gas Pipeline and the Goldfields Gas Pipeline.
South Korea bearing the brunt of an LNG carrier construction boom
LNG and oil tanker construction in East Asia is booming. From ground-breaking deals for Bangladesh to a 40-vessel order for Qatari clients, East Asia is unrivalled in carrier construction.
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