Oil and gas
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026
Shell resumes Indonesian sales after restrictions curbed supply
The company has about 200 gas stations across the country
Offshore specialist Yinson Production eyes IPO, among other exit options for investors
The Singapore-based company is expanding into carbon capture and storage, while eyeing opportunities in Namibia
Oil climbs after Opec+ reiterates pause with focus on Venezuela
Oil posts a fourth straight monthly drop in November as expectations of a swelling surplus weigh on outlook
Seatrium bags new BP contract; lifts order book to more than S$2 billion
The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP
Moscow, Beijing discuss Russian oil exports boost
Russia has been discussing with Chinese partners the possibilities of expanding oil exports to China
Jub Pacific rides offshore oil and gas upturn by going global early
The liftboat operator is now moving to expand its fleet while making strides in Asia’s emerging offshore wind farm sector
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes
Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments; more deals on the way
Aster is betting on ‘strategic resilience’ as it invests through the oil and gas down cycle
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon
