Shell signs offshore production sharing contracts with Malaysia’s Petronas
The contracts cover exploration blocks SK439/SK440, off the coast of Sarawak, and blocks SB-2W and SB-X, off the coast of…
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Shell re-examining decision to exit from UK North Sea oil field
Shell owns a 30% stake in the Cambo field, which is situated more than 1,000 metres underwater.
TotalEnergies to stop buying crude oil from Russia by end of 2022
The French energy giant now plans to source gasoil from Saudi Arabia, and crude from Poland.
Algeria’s Sonatrach and Eni make oil and gas discovery in Berkine North Basin
Based on the preliminary estimates, the new discovery holds approximately 140 million barrels of oil in place.
Ukraine conflict: Halliburton suspends operations in Russia
Halliburton has already stopped shipping sanctioned components and products to Russia.
Exxon and BHP to boost production at Australian offshore gas field
The Gippsland Basin Kipper field is expected produce an additional 200PJ of gas during next five years.
Equinor ceases trading in Russian oil and oil products
The Norwegian energy major will not sign any new trades, or engage in oil and oil products transport from Russia.
Saudi Aramco JV to build refinery and petrochemical complex in China
Planned to be commissioned in 2024, the refinery will receive up to 210,000 barrels per day of crude oil feedstock…