Projects
03 Dec, 2024
BP has officially announced a final investment decision for the US$7 billion Tangguh Ubadari CCUS Compression project (UCC), a significant initiative that aims to unlock approximately 3 trillion cubic feet of additional gas resources in Indonesia.
This announcement was made by BP's CEO, Murray Auchincloss, during a meeting with Indonesian President H.E. Prabowo Subianto in London today.
The ... more
Business and Finance
21 Nov, 2024
Santos Limited has successfully finalised the sale of a 2.6 per cent interest in the PNG LNG project to Kumul Petroleum Holdings Limited (KPHL) as of November 4, 2024.
This transaction follows previous announcements made on December 29, 2023, and February 1, 2024.
The completion of the sale was marked by Santos receiving a final payment of US$241 million from KPHL, bringing the total cash co... more
Trending
20 Sep, 2024
Since the peak of the energy crisis in 2022, the global gas and LNG market has largely rebalanced. Storage levels have remained high for seasonal norms, also courtesy of mild weather. But prices remain relatively high by historic standards, particularly for Europe, and volatility continues to be a persistent feature of the market.
Our recently released global gas Strategic Planning Outlook (SPO... more
Events
25 September 2024-27 September 2024
The 20th Anniversary Edition of Oil & Gas Asia (OGA) takes place on 25-27 September 2024, at the Kuala Lumpur Convention Centre, bringing together industry leaders, policymakers, and innovators to drive transformative change and propel the energy value chain.
Established in 1987, OGA is recognised as one of the region’s most influential and successful energy events, showcasing the latest te... more