FeaturedShipping and PortsShipping cost soars, courtesy — vessel shortagePrajwal WeleOctober 5, 2022October 4, 2022 by Prajwal WeleOctober 5, 2022October 4, 2022 Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine... Read more
FeaturedOil & GasPetronas signs deal to supply carbon-neutral LNG to China’s ShenergyIFM CorrespondentOctober 1, 2021October 1, 2021 by IFM CorrespondentOctober 1, 2021October 1, 2021 Petronas will make the delivery between October and March next yearPetronas will make the delivery between October and March next year... Read more
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoInternational Finance Business DeskJune 9, 2021 by International Finance Business DeskJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more
FeaturedOil & GasShell to sell Gasnor as part of its divestment planInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
FeaturedOil & GasPetronas to cut costs after Q1 profit slumps by 68%Pritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Petronas will cut capex by 21pc and operating costs by 12pc this year... Read more
EnergyFeaturedQatar to build solar project with Total and Marubeni for $467 mnBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 The project is an effort to decrease carbon emissions and increase clean energy production for exports... Read more
Oil & GasQatar plans LNG output increase by 64% to 126 MT by 2027International Finance DeskNovember 26, 2019January 24, 2020 by International Finance DeskNovember 26, 2019January 24, 2020 Competition will rise between oil majors seeking to buy a stake in Qatar’s LNG facilities... Read more
Oil & GasExxon’s $23.6 bn LNG project to be Africa’s biggest private investmentInternational Finance DeskOctober 11, 2019December 2, 2019 by International Finance DeskOctober 11, 2019December 2, 2019 The company has awarded a $13 billion contract to JGC, Fluor and Technip FMC for the Rovuma LNG project... Read more
EnergyKorea Gas to develop 3,200MW gas-fired power plant in VietnamInternational Finance DeskJuly 29, 2019December 17, 2019 by International Finance DeskJuly 29, 2019December 17, 2019 Vietnam’s LNG sector sees rising interest from foreign investors with gas consumption growing 10% annually... Read more