Japex boosts oil and gas investment through 2030
Japex is revising its strategy, prioritising oil and gas investments over renewables, with a focus on expansion in the US and Norway.
20 February 2025
20 February 2025
Japex is revising its strategy, prioritising oil and gas investments over renewables, with a focus on expansion in the US and Norway.
The terminal is the first in the Philippines to receive a permit to operate and maintain an LNG facility.
The move aims to tap into the growing high-value fuels market in the Philippines.
By 2030, there are a total of 16 US-based ammonia plants in pre-construction.
The company expects well completion and testing to be finished by Q2 2025.
ExxonMobil will transport gas from the Longtail development to shore via a $1bn pipeline.
The WM29 and WM30 drilling programme finished ahead of schedule and is expected to be under budget.
The Castrol brand is known for its presence in over 150 countries across various sectors.
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