SOMO Negotiates with Exxon for Storage Space in Singapore
The State Oil Marketing Organization (SOMO) revealed that it entered into negotiations with ExxonMobil seeking a deal for more storage space in Singapore, according to Iraq News Agency (INA).
asia | Egypt Oil & Gas
Baker Hughes, Petronas Enter Agreement to Support Asia’s Energy Expansion, Transition
Baker Hughes and Petronas have signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at exploring business opportunities that could contribute to advancing Asia’s energy growth and trans ...
Canada Ships First LNG Cargo From LNG Canada Facility to South Korea
Canada has shipped its first liquefied natural gas (LNG) cargo from the LNG Canada facility in Kitimat, British Columbia, and en rout to South Korea. Though the LNG shipment amount was not specified, the facility ...
Petronas, Southeast Asia’s Energy Players Call for Progressive Action on Methane Emissions at COP29
Petronas has coincided with the 29th United Nations Climate Change Conference (COP29) in a joint statement alongside Southeast Asia’s other leading energy companies calling for a progressive, cooperative and inclu ...
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 c ...
Saudi Arabia Maintains Crude Supply to Asian Refiners Despite OPEC+ Cuts
Despite OPEC+’s surprising announcement last weak about extra production cut of 1.16 million barrels per day from May for the rest of the year, Saudi Aramco will maintain the same crude volumes supply to several N ...
Saudi Aramco to Continue Full Oil Supplies to Asia in November Despite OPEC+ Cuts
Several people with knowledge of the situation said on Monday that Saudi Aramco has informed at least seven customers in Asia that they will get full contract volumes of crude oil in November before the peak winte ...
Saudi Arabia May Slash October Crude Prices for Asia
Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.
Saudi Aramco Reduces Arab Light Oil Prices to Europe, Asia in June
According to Saudi Aramco's pricing document published on Sunday, the country has reduced the price of its Arab Light crude grade to Asia and Europe.
Russian Sokol Crude Attracts Buyers in the Far East Despite Sanctions
Despite Russia's war in Ukraine and the addition of new sanctions, Sokol crude shipments from the Far East have sold out for next month, proving that the pariah nation continues to find buyers.
