China's March Imports of Russian Oil May Hit Record: Shiptracking Data
Tanker tracking consultancies Vortexa and Kpler estimated nearly 43 MMbbl of Russian crude oil are set to reach China by March.
Petronas Clean Energy Arm Sees India, Australia as Key in Rapid Growth Plans
Petronas' clean energy business Gentari is aiming to create 30 to 40 gigawatts of renewable energy by 2030.
China's CNOOC Discovers Oilfield in Bohai Sea
CNOOC's discovery has been tested to produce an average of around 2,040 bbl of crude and 11.25 MMcf/d of natural gas.
India's NSE Gets Regulatory Nod for WTI Crude, Natgas Futures Contracts
India's National Stock Exchange signed a data licensing deal to list, trade and settle rupee-denominated U.S. WTI crude and Henry Hub nature gas futures earlier this month.
Japan to Promote Gas, LNG, Hydrogen Investment During G7 Presidency
Investment in cleaner fuels and energy self-sufficiency grows in importance for Japan amidst shaky reliance on Russian and U.S. exports.
Tighter Market to Push Oil Prices Above $90 in Second Half of the Year
Russian output is set to fall amidst Western sanctions curbing revenues and will divert to countries such as China and India that have not sanctioned Moscow over its invasion of Ukraine.
E&P Highlights: Feb. 27, 2023
Here’s a roundup of the latest E&P headlines, including BP’s latest plans for the GTA2 development offshore West Africa and prequalification for a jacket and platform for projects offshore U.K. in the upstream oil and gas industry.
Commentary: 2023 Global Conventional Brownfield Investment to Near $200 Billion
South America and North Africa to see brownfield investment growth.
What's Affecting Oil Prices This Week? (Feb. 27, 2023)
The price of oil has stayed consistent with predictions that key factors such as global supply, geopolitics and oil demand would have a neutral effect on prices.
Thailand's PTT Seeks 10 LNG Cargoes for May-September Delivery: Sources
Thailand's PTT sought an unspecified amount of LNG cargoes earlier in February with the expected delivery between March and April.