News

  • TotalEnergies halts financial contributions to Adani Group amid U.S. indictment of executives

    03 Dec, 2024

    TotalEnergies halts financial contributions to Adani Group following indictment

  • Crude oil prices stabilise near multi-month lows amid OPEC demand revision

    03 Dec, 2024

    Oil prices stabilise amid geopolitical tensions and supply concerns

  • Argentina's Vaca Muerta shale play hits record oil production, eyes 1 million BPD by 2030

    03 Dec, 2024

    Argentina’s Vaca Muerta shale play hits record oil production, eyes 1 million BPD by 2030

  • India set to lead Asia in oil and gas pipeline expansion by 2028

    03 Dec, 2024

    India set to lead Asia in oil and gas pipeline expansion by 2028

  • TotalEnergies halts financial contributions to Adani Group following indictment
    03 Dec, 2024
  • Oil prices stabilise amid geopolitical tensions and supply concerns
    03 Dec, 2024
  • Argentina’s Vaca Muerta shale play hits record oil production, eyes 1 million BPD by 2030
    03 Dec, 2024
  • India set to lead Asia in oil and gas pipeline expansion by 2028
    03 Dec, 2024

Oil prices stabilise amid geopolitical tensions and supply concerns

03 Dec, 2024
Crude oil prices stabilise near multi-month lows amid OPEC demand revision
Crude oil prices have shown signs of relative stabilisation this week after a bearish start, with West Texas Intermediate (WTI) futures holding around US$68.5 per barrel. The U.S. Energy Information Administration (EIA) reported a drop in U.S. crude oil inventories by 1.8 million barrels for the week ending November 22,…

India set to lead Asia in oil and gas pipeline expansion by 2028

03 Dec, 2024
India set to lead Asia in oil and gas pipeline expansion by 2028
India is poised to dominate the oil and gas transmission pipeline network expansion in Asia, according to a new report by GlobalData. The country is expected to account for over 40 per cent of the region's total pipeline length additions by 2028, significantly bolstering its energy infrastructure. The report reveals…

Australia’s energy security at risk as seismic survey debate intensifies

29 Nov, 2024
Cliff Head
Australia's energy future hangs in the balance as lawmakers consider legislation that could halt new gas projects, potentially jeopardising the nation's energy security and economic stability. The proposed bill, introduced in parliament, has sparked a heated debate about the role of seismic surveys in gas exploration and their environmental impact.…

MOL Group and KazMunayGas forge partnership to expand energy cooperation

29 Nov, 2024
MOL Group signs major gas development agreement in Azerbaijan
In a significant development for the energy sector, Hungary's MOL Group and Kazakhstan's national oil company KazMunayGas (KMG) have signed a cooperation agreement aimed at exploring joint opportunities in the oil, gas, and petrochemical sectors. This agreement marks a new chapter in their longstanding partnership, which began with the successful…

Conrad Asia Energy advances Aceh gas commercialisation

21 Nov, 2024
Conrad Asia Energy advances Aceh gas commercialisation
Conrad Asia Energy Ltd (ASX: CRD) has made significant strides in commercialising its shallow-water gas discoveries in the offshore Aceh production sharing contracts (PSCs). The company's progress underscores its commitment to unlocking substantial gas resources while exploring long-term growth opportunities in a region poised for energy development. The Aceh PSCs,…