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Statoil to Charter LNG-Fueled Shuttle Tankers
Statoil on June 22 awarded a long-term contract to AET, subsidiary of Malaysian state shipowner MISC, to operate two offshore loading shuttle tankers (OLSTs) on long-term charter.…
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JX Nippon Starts Gas Production from Malaysian Field
Japanese JX Nippon Oil & Gas Exploration Corporation commenced commercial gas production from Layang field in Block SK10 offshore Malaysia May 28, it said June 15. The…
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Shell Publishes 2016 State Payments
Shell has published its payments made to governments in 2016 where it is upstream operator. Its June 13 report details payments in 31 countries and is the second such…
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Petronas 1Q Profit More Than Doubles
Malaysian Petronas has reported a sharp 124% rise in 1Q profit driven by higher average realised prices and lower net impairment on assets. Company’s profit for the…
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Petronas LNG, Gas4Sea to Team Up on Bunkering
Malaysian state-owned Petronas is looking to get more deeply involved in LNG bunkering. Its subsidiary Petronas LNG and its shipping affiliate MISC have signed a memo of…
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Noble Posts Record 1Q Israel Sales
US independent Noble Energy said May 1 that 1Q US and Israel production volumes were “all at or exceeding the top end of its guidance.” Elsewhere in the Near East,…
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Shell Reduces Flaring, GHGs
Shell said April 12 it reduced group overall greenhouse gas emissions (GHGs) to 70mn metric tons carbon dioxide (CO2) equivalent in 2016, down from 72mn mt in 2015, even with the…
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Petronas PFLNG Satu Loads First Cargo
Malaysian Petronas April 3 said its first floating LNG facility, PFLNG Satu, loaded its first cargo April 1 at the Kanowit gas field, offshore Miri, Sarawak. The cargo was…
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PFLNG Satu to Load 1st Cargo 'Soon'
Petronas' first floating LNG facility, PFLNG Satu, will load its first cargo soon, a senior official from the company has told NGW. PFLNG Satu became the world’s…
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TransCanada Seeks to Build, Without Petronas FID
TransCanada announced March 20 it has applied to Canadian regulator National Energy Board for permission to build the 301-km North Montney Mainline (NMML) Project in northeast…
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Petronas 2016 Profit Up 12%
Malaysian Petronas 2016 profit grew 12% despite low oil and gas prices. The company said this was achieved due to cost optimisation and improved efficiency. Profit for the year…
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Petronas Inks LNG Deal with Hokkaido
Malaysian state Petronas said March 9 it signed a ten-year LNG supply agreement with Japanese utility Hokkaido Electric on March 2. As per the agreement, Petronas subsidiary…
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Norway's Oil Fund Bars CEZ, Kepco, PGE
Norway’s central bank has excluded ten more companies from the government’s more than $900bn Oil Fund, because they have not reduced their coal use in line with the…
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Gas Malaysia's Profit up Fivefold
Malaysia’s leading gas distribution company, Gas Malaysia, has reported a fivefold jump in 4Q 2016 net profit, thanks to an increase gas volumes sold and revisions in gas…
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Ninth LNG Train Starts at Bintulu
Japanese JX Nippon Oil & Energy Corp said January 23 that its joint venture partner, Malaysian state-owned Petronas, has commenced operations at the ninth liquefaction train…
