Venture Global LNG has announced its plans to acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes, according to Reuters.
Chevron and JX Nippon Oil & Gas Exploration Corporation have signed a Memorandum of Understanding (MOU) to cooperate on a framework to evaluate the export of Carbon Dioxide (CO2) from Japan to Carbon Capture and Storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
ADNOC has signed a second long-term Heads of Agreement (LNG agreement) for their Ruwais LNG project.
CNOOC has announced a major oilfield discovery in the north-central waters of the Bohai Sea, producing medium-heavy crude oil.
Chinese CNOOC is set to begin talks with Angola for oil exploration opportunities, according to a statement from the Angolan oil and gas ministry.
ExxonMobil Guyana has announced a new discovery at Bluefin in the Stabroek block, located offshore Guyana, marking the company's first discovery of 2024 and adds to the more than 30 discoveries already made on the Stabroek block since 2015.
Saipem has signed a Letter of Intent for the development of CO2 offshore transportation and storage facilities in the UK.
Shell has announced changes to its 2030 carbon reduction target and scrapped a 2035 objective, citing lower power sales and increased demand for gas in the energy transition, committing to achieving net zero emissions by 2050.
Singapore's middle distillates stockpiles have surged by 8% week on week, reaching a new high since September 2021, as net exports of both diesel/gasoil and jet fuel/kerosene have slipped by 98% and 26%, respectively, according to Reuters.
