The Business Times

Oil and gas

Companies & Markets

Seatrium bags new BP contract; lifts order book to more than S$2 billion

China imports roughly 1.4 million barrels of Russian oil per day by sea and approximately 900,000 bpd of Russian oil by pipeline.
Energy & Commodities

Moscow, Beijing discuss Russian oil exports boost

Kelvin Tang, chief executive and director of Jub Pacific.
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Jub Pacific rides offshore oil and gas upturn by going global early

The terminal, on China’s east coast, can handle 56 million tonnes of oil a year – more than one million barrels a day.
Energy & Commodities

Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say

Aster's group chief financial officer Andre Khor believes that the industry is going through "recalibration", not "destruction".
ESG

Buyer of Shell’s refinery has set aside US$2 billion for Singapore investments; more deals on the way

China has long sought to reduce the risk that comes with being both the world’s top consumer and its largest importer of energy.
Global Enterprise

China’s US$470 billion oil and gas splurge is just the start

The terminal, on China’s east coast, can handle 56 million tonnes of oil a year – more than one million barrels a day.
Energy & Commodities

US hits firms moving Iranian oil and major China crude terminal

Petrol supplies across Indonesia have been tight and, at times, insufficient to meet local demand as government-imposed guidelines limit fuel imports by private retailers.
ASEAN Business

Shell petrol stations in Indonesia run dry on supply shortages

Opec+ has increased its oil output targets by more than 2.7 million bpd this year, equating to about 2.5 per cent of global demand.
International

Opec+ further raises oil production with modest hike from November

Washington has called on its allies to impose tariffs on purchasers of Russian oil such as India and China.
Energy & Commodities

G7 nations say they will target those continuing to increase Russian oil purchases

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