
Malaysia’s Petronas gears up for expansion in Indonesia
Malaysian oil and gas company Petronas has announced an “aggressive” expansion plan in Indonesia, operating blocks in the East Java region.

Malaysian oil and gas company Petronas has announced an “aggressive” expansion plan in Indonesia, operating blocks in the East Java region.

PetroChina plans to shut down its domestic oil refinery in Dalian by mid-2025, marking China’s first major closure.

CNOOC reports a 19.5% rise in net profit for the first three quarters of 2024, to 116.66 billion yuan attributable to equity shareholders.

Enterprise Products Partners has closed the acquisition of Piñon Midstream for a cash consideration of $950m.

UES has partnered with KERUI Group to form a joint venture that will manufacture oil and gas equipment in Oman.

The company plans to commence operations to restore gas production at Zohr in 2025, as Egypt prepares to issue a tender for 20 LNG cargoes.

Baker Hughes has secured contracts with Petrobras to supply flexible pipe systems, set to be deployed across Brazil’s pre-salt fields.

1PointFive has signed an agreement with Enterprise Products Partners to establish a carbon dioxide transportation network.

Eni and BP have resumed exploration activities in Libya, with drilling operations underway in the Ghadames Basin.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.