Asia Pacific

Energy Transition , Technology

Transition in the Trilemma

Despite the energy trilemma, 45% of companies oil and gas sector are confident they can reach net zero by 2050, according to the Baker Hughes Energy Transition Pulse report.

January 30, 2023

Earnings , Exploration & Production , Shale Plays

Chevron Says Venezuela Production Up Nearly 80%

Chevron Corp. reported a positive uptick in oil production in Venezuela while Permian Basin production grew 8% year-over-year.

January 30, 2023

International , Lease Sales

Indonesia to Offer 10 Oil, Gas Blocks in 2023, Including in South China Sea

Indonesia auctioned 13 oil and gas fields in 2022 and has appointed contractors for six of them so far.

January 30, 2023

Energy Transition

Energy Transition in Motion (Week of Jan. 27, 2023): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news, including a $3.6 billion gigafactory expansion and a massive partnership for solar panels in the U.S.

January 27, 2023

Liquefied Natural Gas , International

Asian Spot Prices Extend Downtrend, Tracking Lower Prices in Europe

"The market has continued to weaken, mainly driven by a lack of demand from Asia, however the lower pricing has created opportunity for southeast Asia who we've seen issuing tenders," Trident LNG's Toby Copson said.

January 27, 2023

Highlights , Technology

E&P Highlights: Jan. 26, 2023

Here’s a roundup of the latest E&P headlines including a production update from Tullow, an update on U.K. offshore opportunities and some contract announcements in the upstream oil and gas industry.

January 26, 2023

Liquefied Natural Gas , Policy & Regulations , Energy Transition

LNG Industry Body Sees First Carbon Neutral Cargo Delivery to Taiwan

The delivery of the cargo aligns with the International Group of Liquefied Natural Gas Importers' framework in monitoring and verifying greenhouse gas emissions intensity.

January 25, 2023

Energy Transition , Technology

Mitsubishi Eyes Carbon Capture Project with Exxon, Nippon Steel

Mitsubishi, Exxon Mobil and Nippon Steel signed a memorandum of understanding to discuss creating a carbon capture value chain to store CO2 emitted by Japanese steel plants underground.

January 25, 2023

Business , Exploration & Production , Field Development , Policy & Regulations

E&P Highlights: Jan. 23, 2022

Here’s a roundup of the latest E&P headlines including first gas from an Oman field and new contract awards from the past week in the upstream oil and gas industry.

January 23, 2023

Markets

China Reopening Spurs Record Inflows into Emerging Market Funds: BofA

Europe has also benefited from China's reopening, as well as recent declines in gas prices.

January 20, 2023