China’s Crude Oil Imports Hit Record in 2023
China's crude oil imports have recently reached an all-time high in 2023, according to data released by the General Administration of Customs.
News / International
Bulgaria Shifts Away from Russian Oil
Bulgaria has made the decision to replace its imports of Russian crude oil with oil from other countries such as Kazakhstan, Iraq, and Tunisia.
TotalEnergies Resumes Operations at Port Arthur Refinery After Brief Shutdown
TotalEnergies has resumed operations at its Port Arthur, Texas, refinery after a brief shutdown.
Dutch Vopak Consortium Selected to Operate New LNG Terminal in South Africa
South Africa has selected the Vopak consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay.
SLB, Geminus AI Partner to Deploy First Physics-Informed AI Model for Optimization of Oil, Gas Operations
SLB has announced a partnership with Geminus AI, a leading provider of physics-informed artificial intelligence (AI) technology for the oil and gas industry.
ADNOC Expands Its Carbon Capture Portfolio
ADNOC has taken 10.1% equity stake in Storegga to Advance Global Carbon Capture and Storage (CCS) Projects to become a lead investor in Storegga, a UK-based company focused on developing carbon capture and storage (CCS) projects worldwide.
Shell Signs 20-Year Purchase Deal with Canadian Ksi Lisims LNG Project
Global gas giant Shell will purchase two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, said partners in a proposed LNG project in Canada.
India, Guyana Sign Five-Year MoU in Hydrocarbon Sector
India has approved the signing of a five-year memorandum of understanding (MoU) with Guyana to cooperate in the hydrocarbon sector.
Oman Expands Oil, Gas Exploration Projects Â
The Ministry of Energy and Minerals in Oman has signed a concession agreement with CC Energy Development Company for the exploration of oil and gas in concession areas 38 and 74 in the Dhofar Governorate.
PETRONAS Secures PSC Extension for Ketapang Working Area
Malaysian PETRONAS has announced that its subsidiary, PC Ketapang II Ltd., has secured a 20-year extension for the Production Sharing Contract (PSC) for the Ketapang Working Area located in the Java Sea.
