Oil & Gas
News & Press Releases
$674m Gas Project Halted After Australian Market Meddling
The Australian government's radical intervention in the gas market has shown that it could hurt future investments. For instance, Senex Energy stopped a A$1 billion (US$674 million) domestic gas supply expansion that would have created hundreds of new jobs...
News & Press Releases
Malaysia Boosts Its Exploration Success To 10 Finds In 2022
Off the coasts of Sarawak, Sabah, and Peninsular Malaysia, a total of nine oil and gas discoveries were made. Petronas Carigali made the greatest oil discovery at the Nahara-1 well in Block SK306 in the Balingian region of Sarawak.
According...
News & Press Releases
Russian Oil Exports See A Dip of 11% Between December 1-10
According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments decreased by 11% for the period of December 1 through 20 compared to the prior month.
As per Kommersant, Russia...
News & Press Releases
Russian Crude-By-Rail Exports Enhance For China And Asia
In order to enhance crude supplies to China and the Asia-Pacific region, Russia is getting ready to restore rail loading facilities in East Siberia, according to a senior executive with Russian national oil pipeline operator Transneft.
Following upbeat claims from...
News & Press Releases
Norwegian November Oil And Gas Output Was Lower Than Thought
According to preliminary figures from the local regulator released recently, Norwegian crude oil and natural gas production fell short of government projections in November.
As per the information released by the Norwegian Petroleum Directorate (NPD), Norway produced crude oil on average...
News & Press Releases
Baltic Sea Pipeline, Nordic-Baltic Hydrogen Route Explored
Today, two significant collaborations have been revealed, one for the creation of a Nordic-Baltic Hydrogen Corridor and the other for the prospective construction of offshore hydrogen pipeline network in the Baltic Sea region.
The announcements represent a step toward achieving...
News & Press Releases
Caterpillar Expands Range of Mobile Power Solutions Meeting EU Stage V Emission Standards with New 115 kVA Power Node
Caterpillar Inc. announced the launch of the 115 kVA Cat® XQP115 generator set, a new mobile power solution that extends the company’s lineup of mobile power solutions that meet European Union (EU) Stage V emission standards.
Fully designed and tested...
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