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Russia May Implement Oil Output Cut of Up to 700,000 Barrels per Day

Russia’s Deputy Prime Minister Alexander Novak has revealed a possible cutting down of oil output by around 500,000 to 700,000 barrels per day, early next year, as a retaliatory response to price caps imposed by G7 nations on Russian crude exports.
Alexander Novak Naveen Athrappully Vladimir Putin Daniel Lacalle European Union Deputy Prime Minister Alexander Novak

New vision to help reform energy SOEs

China's energy security and supply capacity will be further enhanced by the country's energy companies that have embraced a new round of high-quality development, which will further facilitate the country's carbon neutrality goals and the construction of a modern industrial system, said government officials, industry experts and corporate executives on Wednesday.
Ren Jingdong Li Ziyue Luo Zuoxian China National Offshore Oil Corp National Energy Administration Development Research Institute

Saudi Arabia/China: Aramco, Sinopec and SABIC expand refining and petrochemical cooperation

The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, China Petroleum and Chemical Corporation (Sinopec) and SABIC, are exploring collaboration across refining and petrochemical projects in China and Saudi Arabia.
Saudi Arabia Al Madinah Saudi Arabian Mohammedy Al Qahtani Saudi Arabian Oil Company Aramco Chemical Corporation Sinopec

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Temporary hikes of taxi airport surcharge, distance-based fares extended again until June 30

Singapore News - A $3 hike to the surcharge on taxi rides taken from Changi Airport and a one-cent increase in distance-based fares for all cab rides will continue until June 30, 2023 after taxi operators here decided to extend the increases by another six months. A $3 location surcharge... Read more at www.tnp.sg
Singapore General Public Transport Council Changi Airport Group Changi Air Freight Centre Changi Airport Singapore Zoo

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