Chinaโs Coast Guard maintained near-daily patrols at key features across the disputed South China Sea last year, ramping up its presence as tensions over the waterway with Southeast Asian neighbours remain high, new tracking data shows.
The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Islamic Republicโs nuclear activities.
โWeโre not interested in a regulated asset model, not at a fixed 5% return,โ he continued. Investors have to be able to cover failures through higher returns on their successes. โWeโre looking at returns into the teens on returns.โ
Woodside Energy has awarded a major contract to Air Liquide Engineering and Construction (Air Liquide) for the liquefaction equipment at its proposed H2OK hydrogen project in Ardmore, Oklahoma, US.
China and Saudi Arabia signed a number of agreements, including on energy and investments, after their leaders met in Riyadh on Thursday at a summit that showcased deep and growing ties beyond oil.
Woodside Energyโs (ASX:WDS) latest production guidance for 2023 has fallen short given delays at new oil projects in West Africa and the US, as well as a maintenance shutdown at the Pluto LNG export complex in Australia.
A massive $20 billion deal with the US and Japan will kick-start Indonesiaโs drive to wean itself off coal power, though the country may still need trillions more to reach net-zero emissions while meeting growing demand for energy.
US President Joe Biden and Indonesian President Joko Widodo announced a climate finance deal providing $20 billion to help Indonesia pivot away from coal power.
International sanctions on Russian crude will reduce supply by 2 million barrels per day of crude, Windward AI CEO and co-founder Ami Daniel has predicted.
President Joe Biden criticised record energy company profits after Shell announced its second-highest earnings ever while raising its dividend and expanding buybacks.
President Joe Biden announced the drawdown of an additional 15 million barrels of oil from US emergency reserves, as well as what he called a โready and release planโ aimed at driving down gasoline prices.
A โbazookaโ of oil from the US reserve, lockdowns in China and a โsurprising durabilityโ of production in Russia are preventing Brent Crude oil from hitting $200 a barrel.
Oil headed for a back-to-back weekly loss, burdened by demand concerns, rising stockpiles, and the possibility the Biden administration may make a fresh release from emergency reserves.
Australiaโs Woodside Energy (ASX:WDS) will take up to 2.5 million tonnes per year of liquefied natural gas (LNG) exports from Commonwealthโs LNG export facility under development in Cameron Parish, Louisiana, after confirming a 20-year deal.