Asia Pacific
Highlights
Best Of This Week’s Drilling Activity Highlights (Sept. 13, 2019)
XTO Permian completions, Woodford producers and Shell to explore for shale in China top this week’s drilling activity highlights from around the world.
Crude Oil
Oil Traders Dwell On Weaker Demand Growth At Industry Events
Oil executives and traders attending major industry gatherings in Singapore and Abu Dhabi this week have flagged deteriorating demand growth in key markets such as China and India for downbeat expectations on crude oil heading into 2020.
Exploration & Production
Oil Search Woes In Papua New Guinea Throw Spotlight On Alaska
With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country’s biggest company, Oil Search, is turning for growth to the other side of the world in Alaska’s frozen wilderness.
Highlights
Best Of This Week’s Drilling Activity Highlights (Sept. 6, 2019)
An Alaskan North Slope wildcat and Fieldwood drilling the first test well in the U.S. Gulf’s Green Canyon Block 200 top this week’s drilling activity highlights from around the world.
Liquefied Natural Gas (LNG) , Crude Oil
BP Aims To Sell More US Crude To Asia
Company also plans to boost LNG supplies in early 2020s when market is expected to tighten.
Renewables , Technology
National Oilwell Varco Lands Equipment Package, Design Orders For Offshore Wind Vessel
National Oilwell Varco Inc. has been awarded equipment package and design orders for one of the world’s largest offshore wind turbine installation vessels by Japanese-based Shimizu Corp.
Investment , Liquefied Natural Gas (LNG)
Papua New Guinea Sticks To $13 Billion Gas Deal With Total
The Papua LNG gas agreement is one of two agreements needed for Total and its partners, Exxon Mobil and Oil Search, to go ahead with the LNG expansion plan.
Crude Oil
Oil Slips As US, China Add More Tariffs In Trade War
Oil prices weakened on Sept. 2 after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
Shale Plays
China Aims To Rev Up Shale Gas Drive, Wean Itself Off Imports
China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.
Liquefied Natural Gas (LNG)
Japan Imports First LNG Cargo From China As Utilities Try To Cut Costs
apan imported its first cargo of liquefied natural gas (LNG) from China in July as utilities from the world's biggest buyer of the fuel seek out new suppliers and try to lower costs amid tough competition at home.