ADNOC and Australian oil and gas firm Santos Limited have announced a strategic collaboration agreement (SCA) that paves the way for the potential development of a joint global carbon management platform. This platform aims to support the decarbonization efforts of customers across the Asia-Pacific region.
Venezuela is close to approving a license allowing Shell and the National Gas Company of Trinidad and Tobago to develop offshore natural gas field and export its production to the Caribbean country.
China, the world's largest crude oil importer, has resumed adding to its crude oil inventories in October. This comes as refinery processing declined from a record high and imports saw a slight increase compared to September, according to Reuters.
Saudi Aramco, the world's largest oil producer, has discovered the presence of two new natural gas fields, Al-Hiran and Al-Mahakik, in the Empty Quarter region, Saudi energy minister Prince Abdulaziz bin Salman said on Sunday.
Japan’s Okinawa Electric Power has announced its plans to conduct a trial of co-firing hydrogen at a commercial gas-fired power plant.
Russia said that it has lifted restrictions on gasoline exports, following the previous lifting of restrictions on diesel exports.
Aramco has announced the production of the first unconventional tight gas from its South Ghawar operational area two months ahead of schedule, which further supports Aramco's strategy to increase gas production by more than half over the next decade, subject to domestic demand.
ExxonMobil has announced the start of production at Payara, Guyana's third offshore oil development on the Stabroek Block.
The National Iranian Oil Company (NIOC) has signed four contracts with local firms, totaling $1.17 billion, for the drilling of 35 wells in the South Pars Gas Field. The contract is part of an initiative to enhance productivity and ensure the sustainable production of gas in the field.
