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Diamondback signs $1.5bn deal to buy Lario Permian

Diamondback Energy has agreed to acquire all leasehold interests and associated assets of Lario Permian for $1.5bn in cash and stocks. ....

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Indonesia leads Asia's operational LNG liquefaction capacity

GlobalData’s latest report indicates that the total liquefaction capacity of Asia in 2021 was 71 million tonnes per annum (mtpa). ....

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Hungary and Serbia to build pipeline for Russian oil

Hungary plans to enable European oil purchases from Russia, circumventing sanctions by building a pipeline with Serbia. ....

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Strikes at TotalEnergies' French refineries enter second week News

Strike action by workers has disrupted production in French refineries since 27 September. ....

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Petronas discovers new gas in Block SK 320 offshore Malaysia

Petronas made a new gas discovery in Central Luconia Province, offshore Malaysia, following the drilling of the Cengkih-1 exploration well. ....

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