PTT, the government-owned energy company of Thailand, is looking for partners to inject capital and offer expertise for its petrochemical and refining operations, reported Bloomberg.Â
Iraq plans to operate on a profit-sharing model with British energy giant bp for the development of the Kirkuk oil and gas fields, reported Reuters, citing sources. Â
PETRONAS, the Abu Dhabi National Oil Company (ADNOC), and Storegga have entered into a joint study and development agreement (JSDA) to assess and develop carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular Malaysia. Â
Italian energy major Eni has commenced gas production from the Argo Cassiopea field in the Strait of Sicily. Â
Woodside has successfully negotiated an end to the two-year legal challenge by the Australian Conservation Foundation (ACF) concerning the environmental approval of its Scarborough, UK, energy project. Â
Quantum Capital Group has completed the acquisition of Caerus’ oil and gas operations in a deal valued at $1.8bn. Â
India’s Bharat Petroleum Corporation (BPCL) plans to make investment of Rs1.7tn ($20.26bn) to expand its core oil refining and fuel marketing business.
MOL Pakistan, a fully owned subsidiary of MOL Group, has made three gas discoveries in the TAL Block located in the Kohat Plateau of Khyber Pakhtunkhwa.
Valeura Energy has announced the commencement of oil production from its Nong Yao C development in the Gulf of Thailand. Â
Brazos Midstream has announced the completion of a new gas processing facility and further expansion plans. Â
