TotalEnergies to Increase SAF Production to Meet Surging Demand
TotalEnergies is actively responding to a call from its aviation customers to increase production of sustainable aviation fuel (SAF).
News / International
Qatar, Iraq to Establish Company to Build, Operate Oil Tankers
Qatar and Iraq have signed a number of Memorandum of Understanding (MoU), one of the MoUs is for establishing a joint company to build and operate oil tankers that carry crude oil and petroleum products according to the laws in force in both countries, and an MoU on cooperation to establish a 150,000 barrels per day oil refinery in Iraq.
Iraq Invites Foreign Companies to Bid for 11 Gas Blocks in New Areas
Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported.
Shell to Review Singapore Energy, Chemicals Assets
As part of Shell's strategy update for investors, the company is conducting a strategic review of energy and chemicals assets on Bukom and Jurong Island in Singapore.
Japan, OPEC to Organize High-Level Dialogue
Japan and the Organization of the Petroleum Exporting Countries (OPEC) have decided to organize a dialogue between senior officials, Nikkei reported.
Shell Declares Q1 2023 Euro, GBP Equivalent Dividend Payments
Shell's Board declared the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2023 interim dividend.
PETRONAS, TEGAS Work Towards Stronger Technological Cooperation
PETRONAS and Tabung Ekonomi Gagasan Anak Sarawak (TEGAS) inked a Memorandum of Understanding (MoU) to create digital jobs and talent upskilling through the newly-established PETRONAS Regional Delivery Centre in Sarawa that will generate digital jobs for local talent and serve as a launchpad for developing the region's digital ecosystem
Petrofac, STEP Ink $1.5B EPC Contract in Algeria
Petrofac and STEP Polymers SPA, which is a 100% subsidiary of Sonatrach that works for petrochemical complex in the Arzew Industrial Zone in Algeria, have entered into a definitive agreement.
KSA Energy Minister: OPEC+ Working Against ‘Uncertainities and Sentiment’
Saudi Arabia's energy minister Prince Abdulaziz bin Salman that the most recent OPEC+ deal included fundamental reforms but also aimed to combat "uncertainties and sentiment" in the market,
Aramco Expected to Provide Complete Oil Volumes to Some Asian Refiners in July
Despite Saudi Arabia’s announcement of cutting oil output from 10 million barrels per day (bbl/d) to 9 million bbl/d in July, Aramco said it will send full nominated volumes of crude oil to number of North Asian customers in July, according to several sources with knowledge on the matter,
