gas
Malaysia’s Sabah state to develop oil, gas facilities with Gibson Shipbrokers
LONDON-BASED Gibson Shipbrokers and Malaysian state-owned Sabah Oil & Gas Development Corporation (SOGDC) have signed an agreement to develop oil and gas facilities in the South-east Asian nation’s Sabah...
After oil, Russia may now be building a shadow fleet for gas
IN THE months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow fleet to ferry its oil around the world. Now...
Oil and gas industry hops on generative AI bandwagon
AWAY from the Microsoft and Googles of the world, a century-old industry - oil and gas - is hoping that generative artificial intelligence will make producing petroleum more efficient...
China’s CNOOC reports major gas breakthrough in South China Sea
CNOOC has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday (Jun 6).
Its...
Sinopec unit agrees 7.956 billion yuan deal to build gas pipelines for Saudi Aramco
A SINOPEC service unit said on Thursday (Jun 6) it has signed a 7.956 billion yuan (S$1.5 billion) deal to build natural gas pipelines for Saudi state oil company...
Russia says rejecting its gas will have cost Europe 1 trillion euros by end-2024
Europe’s cumulative “losses” from cutting purchases of Russian gas have reached 700 billion euros ($761 billion) to date and will hit 1 trillion euros (S$1.46 trillion) by the end...
EMA, Korea Gas Corporation ink MOU to collaborate on LNG procurement, supply chain management
SINGAPORE’S Energy Market Authority (EMA) signed a memorandum of understanding (MOU) with Korea Gas Corporation to collaborate on liquefied natural gas (LNG) procurement and supply chain management for Singapore...
South Korea’s Yoon approves exploration of vast oil, gas prospects
South Korean President Yoon Suk Yeol gave the green light on Monday (Jun 3) to conduct exploratory drilling for potentially vast oil and gas prospects found off the east...
