Mitsui and Shell to jointly assess feasibility of CCS in Asia Pacific
The firms will assess options for owning and chartering ships to carry liquid CO₂.
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G7 leaders agree to cap payments for Russian energy
Leading democracies hope to lessen Russian oil and gas profits while protecting their budgets.
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Russia approves stake transfer in Sakhalin-2 project operator to Mitsubishi
The project comprises three offshore platforms, an onshore processing facility, an oil export terminal, an LNG plant, and pipelines.
Russia approves 12.5% stake transfer in Sakhalin Energy to Mitsui unit
The Sakhalin 2 project operator, Sakhalin Energy, also signed a new long-term contract to deliver liquefied gas to Japan’s Tokyo…
Japan’s JERA to continue LNG purchase from Russia’s Sakhalin-2 project
Japanese firms that are under long-term contracts with Sakhalin-2 project have received a new offer from the new operator.
Japan’s Mitsui and Mitsubishi to retain stakes in Russian’s Sakhalin-2 project
Japan considers the Sakhalin-2 project a key source of its stable energy supplies amid market disruptions.
China leads Asia’s refinery FCCU capacity
In Asia, eight countries had active refineries with a total FCCU capacity of 3,551mbd in 2021.
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China leads Asia’s refinery hydrotreater units capacity
By 2026, upcoming hydrotreater units are expected to commence operations in 40 refineries across Asia.
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