INEOS, SINOPEC Close Pair of Petrochemical JVs
Further collaboration is on the horizon as the companies and two other deals are expected to be completed in 2023.
Talesun, Neoen Enter Partnership to Develop European Solar Market
The companies intend to contribute to Europe’s renewable energy sector with their combined PV technologies.
Indonesia Awards Two Oil-Gas Exploration Blocks to Boost Production
Southeast Asia's biggest economy has pledged to reach net zero emissions by 2060 but will rely on natural gas to bridge the gap while transitioning to cleaner energy.
NextDecade Increases LNG Supply Volume in Deal with China's ENN
The new deal will supply 0.5 mtpa more than the original agreement previously announced in April.
Japan’s INPEX Signs 20-year LNG Deal with Venture Global LNG
INPEX’s purchase and sales agreement would add 1 million tons per annum (mtpa) of LNG from the U.S.
Stocks and Commodities Jump as China Drops Quarantine Rule
Stock markets gained on Dec. 27 after China said it would scrap its COVID-19 quarantine rule for inbound travellers - a major step in reopening its borders.
Tallgrass, Green Plains, Osaka Gas USA Partner in Synthetic Methane Project
The companies' project will study the production of synthetic methane from low-carbon hydrogen and biogenic CO2 captured from ethanol biorefineries.
Japan, Saudi Aramco Extend Okinawa Crude Storage Deal
In return for storing for Saudi Aramco, Japan has a priority claim on oil stocks in an emergency.
Oil Rises on Tight US Stocks as Winter Blast Hits
U.S. WTI rose to $79.40 a barrel, while Brent crude rose by the same percentage to $83.37 as of Dec. 22.
ADNOC L&S, AG&P Sign Charter Agreement for Use of ADNOC LNG Carrier as FSU
The charter agreement comes as ADNOC L&S begins repurposing older vessels to extend their life.