Thailand's PTT sought an unspecified amount of LNG cargoes earlier in February with the expected delivery between March and April.
Here’s a look at some of this week’s renewable energy news, including steps toward the first offshore wind auction in the Gulf of Mexico and the approval of a marine license for the first floating wind farm off Wales.
"We are lowering total payout ratio target to secure spare financial capacity to respond to geopolitical risks and boost decarbonization investment," Tokyo Gas' Shinichi Sasayama said.
The United Arab Emirates will explore partnership opportunities with India to help the South Asian country's growth and low carbon plans.
Indonesia plans to offer 10 oil and gas working areas to contractors in 2023.
Iraq's oil minister said the new energy deals are expected to produce more than 800 MMscf/d of gas.
Euro zone business activity expanded faster than expected, but markets are still worried about global economy.
Thailand's Oil Fuel Fund Office's borrowing plan will now increase by 80 billion baht to 110 billion baht in the 2023 fiscal year.
J.P.Morgan analysts say supply-demand will likely further balance, due to Russian output expected to recover by June and higher price levels preventing the U.S. from repurchasing to add to petroleum reserves.
Western sanctions haven’t stopped the Russia-Ukraine war but have impacted the Kremlin’s fiscal and export revenues and complicated Putin’s existence, Dr. Thomas Wilfred O’Donnell, a global fellow with the Woodrow Wilson Center and an instructor at Freie Universität Berlin, told Hart Energy.