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Saudi Aramco shifts strategy in China to boost oil sales

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14-Mar-19 Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift towards independent refiners and newcomers to the business, after years of dealing only with state-owned Chinese energy firms. [image: Reuters / Ahmed Jadallah]

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Thailand's PTT plans up to USD11 bn investment in LNG

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22-Feb-19 Thai energy company PTT plans to invest up to USD11.3 bn over the next five years to boost its natural gas portfolio and energy infrastructure. "We want to become a global LNG portfolio player," said Arawadee Photisaro, VP. [image: Nikkei Asian Review]

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Vietsovpetro starts oil field off Vietnam

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01-Feb-19 JV Vietsovpetro has started production at the Ca Tam (Beluga) oilfield offshore Vietnam, with commissioning of the CTC-1 wellhead platform. Initial flow from three wells was 11,900 barrels per day. Vietsovpetro has a 55% share in the contract. [image: Vietsovpetro]

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Desalinated water affects the energy equation in the Middle East

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22-Jan-19 The growing reliance on desalinated water in the Middle East underlines the importance of effective management, with knock-on implications for energy and water security. Desalination accounts for 3% of the water supply but 5% of its energy consumption. [image: Modern Diplomacy]

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Qatar acquires Mexican acreage after OPEC split

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17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]

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