Reports say that Malaysia's Petronas will cut jobs in order to survive.
Local media reported that Malaysia's Petronas, the state-owned energy company, will reduce its staff to ensure its survival in the face of increasing challenges within the global operating environment.
Potentia Energy purchases major Australian renewable energy assets
Potentia Energy is a joint venture of Italy's Enel and Japan's INPEX Corp. It announced Thursday that it will buy control stakes in renewable energy projects worth 1 gigawatt in Australia.
Freeport Indonesia is in discussions with the government about copper concentrate exports
A company spokesperson revealed on Friday that copper miner PT Freeport Indonesia is currently in talks with the government about being able continue to export copper concentrates…
Russia, Pakistan Mull Energy Exploration JV
Russia and Pakistan discussed cooperation on oil and gas offshore exploration and refining at intergovernmental meetings this week in Moscow, the Interfax news agency reported,…
Pakistan Pushes Qatar LNG Contract with Qatar for a Year
Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual powe
South Asia's solar power push is facing a land battle
Food and jobs are at risk when cropland and pastures are taken away. By BhaskerTripathi and Md. Modhera’s 6 megawatts (MW) of solar power and battery storage system were built in 2022…
Costs rise, Equinor cancels offshore wind projects in Spain and Portugal
A Norwegian energy company Equinor, which had previously announced its exit from Vietnam, has cancelled offshore wind projects in Spain, Portugal and may withdraw from other countries in order to reduce spending…
Colombia's Cenit has reported five attacks on two oil pipes
Cenit is a subsidiary owned by Colombia's largest oil company Ecopetrol. On Monday, Cenit reported five attacks against the Cano Limon - Covenas - and Bicentenario - pipelines.
Ukraine approves $20 billion plan to increase renewable energy by 2030
The government of Ukraine said that Ukraine needs to invest $20 billion to develop the renewable energy sector. This is part of a plan to increase the share of renewables in the country's mix by 2030.
Petrobangla Gets 1st Q-Flex LNG cargo from Qatargas
Qatargas made its first liquefied natural gas (LNG) cargo delivery (LNG) on a Q-Flex vessel to the Floating Storage and Regasification Unit (FSRU) named ‘Excellence’ and known as Moheshkali LNG Terminal (MLNG)…
KY Gasline Erupts in Flames, One Dead
A natural gas line erupted in a ball of flames that could be seen for miles over a residential community in rural Kentucky on Thursday, killing one person and setting several houses on fire…
Fire burns out of control at Philadelphia refinery
A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as local media reported a series of explosions on site.NBC Philadelphia said the "mass
Trinidad Signs Pact with BP, Shell
The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities.According to local media reports, the…
Afghan Launches India-Iran Shipping
Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar…
Croatia Extends Bidding Deadline Again for Adriatic LNG Terminal
Croatia has again extended a deadline for submitting binding bids for the use of a planned floating liquefied natural gas (LNG) terminal in the northern Adriatic."The deadline has been moved from Sept. 28 to Dec.
CNOOC to Build $2.17B LNG Terminal
China National Offshore Oil Company, or CNOOC, plans to build a receiving terminal of liquefied natural gas in the eastern province of Jiangsu- expected to cost $2.17 billion, local media reported .The project…
Explosion on TransCanada WV Gasline Section Contained
An explosion on a TransCanada Columbia Gas Midstream pipeline outside Moundsville, West Virginia early on Thursday has been contained, according to a local media report. No employees…
Croatia Seeks Fresh Bids to Supply Future LNG Terminal
Croatia on Tuesday issued a fresh tender to provide a ship-based import terminal for a planned liquefied natural gas (LNG) terminal on the island of Krk in the northern Adriatic…
Investigators Work to Determine Cause of Wisconsin Refinery Blast
Investigators on Friday searched for the cause of a blast at a Husky Energy refinery that injured at least 15 people and rocked a northern Wisconsin city, sending smoke billowing…
PDVSA's Curacao Refinery Suffers Explosion, Fire Extinguished
A fire at the Isla oil refinery in Curacao run by Venezuela's PDVSA has been extinguished without impacting operations, sources close to the facility told Reuters on Friday. An explosion at the 335…
