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JGC wins EPC for Aramco’s Zuluf facilities
Zimbabwe labour union demands chief of fuel import monopoly NOIC be investigated for corruption
Serbian president says new gas deal agreed with Russia
President Aleksandar Vucic says he agreed gas supplies on terms “very favourable for Serbia” in call with Russian President Vladimir Putin.
Western Gas spuds Sasanof-1 well
Australia’s Western Gas said on May 27 that it had spudded the Sasanof-1 exploration well on the country’s North West Shelf.
ONGC unveils 150% increase in exploration capex
India's ONGC has allocated an exploration capital expenditure budget of INR310bn ($4bn) for the 2022-25 fiscal years. This represents a 150% increase from exploration expenditure of INR206.7bn ($2.7bn) over the last three fiscal years, 2019-22.
Turkey said to breach Greece’s navtex rights by reserving Aegean waters for research vessel survey
Iran seizes Greek tankers after grabbing of Iranian ship and reports of Israeli ‘suicide drone’ strike on military facility
Tensions between Iran and adversaries are on the rise amid the stalling of efforts to reinstate the 2015 nuclear deal.
Bumi Armada receives extension for FPSO delivery to India
Malaysian offshore contractor Bumi Armada said this week that it had received an extension for the delivery of a floating production, storage and offloading vessel to India.
Australian election spells new uncertainty for oil and gas
Australia’s federal election has resulted in a change of government following a victory by the Australian Labor Party.
South Korean firms line up LNG supply deals
Two South Korean companies signed sale and purchase agreements (SPAs) this week to buy LNG from international sellers – France's TotalEnergies and the US' Cheniere Energy.
Court rejects ExxonMobil’s attempt to dismiss climate change lawsuit
Massachusetts’ top court rejected a bid this week from ExxonMobil to dismiss a lawsuit accusing the firm of misleading consumers and investors about the fossil fuel industry’s role in climate change.
Terra reportedly exploring $2.5bn sale
Private equity firms Kayne Anderson Capital Advisors and Warburg Pincus are reportedly considering selling Terra Energy Partners.
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