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Australia-listed independents Santos and Oil Search’s proposed merger, first revealed last month, is back on track after Santos compromised over ownership stakes.
Sarawak State’s oil company has partnered with Royal Dutch Shell and Petronas to learn the ropes of offshore exploration.
Indonesia’s upstream regulator SKK Migas has unveiled plans to launch its own onshore exploration project in East Java Province’s Lamongan Regency.
The Chinese government has rejected US claims that it was behind multiple cyberattacks targeting US natural gas infrastructure dating back a decade.
Pakistan’s OGDCL has struck natural gas and condensate at its wholly owned Wali exploration licence in the country’s north-western province of KPK.
The Indian government has approved plans to build two underground crude oil storage facilities that will expand the country’s strategic petroleum reserve capacity by 6.5mn tonnes.
Super-major Chevron confirmed this week that it would not meet its carbon dioxide (CO2) injection target at its Gorgon LNG facility, which has a carbon capture and storage (CCS) component.
Australian independent Strike Energy has boosted its stake in the West Erregulla gas project to 54% through the acquisition of a strategic interest in Warrego Energy.
Australian independent Senex Energy has signed a long-term gas sales agreement with cement manufacturer Adbri for the supply up to 11 PJ.
State-owned PetroVietnam’s pre-tax profit grew by more than 200% in the first half of this year to VND21.3 trillion ($912.5mn), the company reported earlier this month.
State-run Indian Oil Corp. (IOC) intends to build the country’s first green hydrogen plant at its 8mn tonne per year (160,000 barrel per day) Mathura refinery in Uttar Pradesh, chairman Shrikant Madhav Vaidya said this week.
Papua New Guinea (PNG) focused developer Oil Search has rebuffed a merger offer from Australian independent Santos, noting the proposal did not reflect fair value for its shareholders.
Australia’s most populous state aims to remove more than 75% of its available exploration acreage.
Indonesia’s oil and gas production in the first half of this year has once again missed the government’s target, the country’s upstream regulator revealed last week.
The Senate committee on energy has been hearing testimony on Udenna’s acquisition of Shell’s stake in the Malampaya gas field.
India’s Directorate General of Hydrocarbons has streamlined the upstream permit process for legacy fields by more than halving the number of approvals their developers require.
Australian independent Woodside Energy has begun looking for investors to buy into its planned expansion of the Pluto liquefied natural gas (LNG) plant as well as its feedstock field.