China led Asia’s refinery coking units capacity
By 2026, 12 new refineries with coking units are expected to commence operations in Asia.
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Shell to invest $66m to build LNG import terminal in the Philippines
The proposed project will include a 3.8Mtpa FSRU, subsea and onshore gas pipelines, and pigging stations.
McDermott secures contract for Philippines LNG terminal
McDermott’s CB&I unit will build a double wall LNG bullet and a second 60,000m³ full containment LNG tank.
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Shell to exit Malampaya gas field offshore Philippines
Royal Dutch Shell has signed a $460m deal to sell its stake in a gas field offshore the Philippines to…
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Philippines’ PNOC and CNOOC to start South China Sea venture by 2021
The Philippine National Oil Company (PNOC) reportedly said that it aims to start an energy exploration venture with China’s state-owned…
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Udenna to buy Chevron’s share in Malampaya gas field
Udenna Corporation has purchased Chevron’s 45% stake in the Malampaya gas field off the coast of the island of Palawan.
ByDeals and M&As this week: Sacgasco, Ineos, Shearwater
Sacgasco has obtained an option to acquire a 100% interest in RL Energy, which provides the former with an option…
China and Philippines sign joint oil and gas exploration MoU
The governments of China and the Philippines have signed an agreement to carry out joint oil and gas development in…