Japan's customs-cleared crude oil imports rose 8.5% in 2022 from a year earlier, while the value of imported crude oil jumped 91.5% to 13.27 trillion yen due to soaring oil prices and a weaker yen, the Ministry of Finance (MOF) said on Thursday.

Japan’s Minister of Economy, Trade and Industry (METI) Nishimura Yasutoshi recently met with Abu Dhabi National Oil Company’s (ADNOC) CEO Sultan Al Jaber to discuss potential collaboration.

Supermajor Shell has started drilling operations on a high-impact gas prospect in the North Sea using a Noble-owned rig.

Guyana’s oil exports jumped 164% last year, boosted by growing output and demand for the newest Latin American oil producer’s light sweet crudes, particularly in Europe, where thirsty refiners ramped up imports to replace Russian supplies.

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday.

In a special media briefing at the outset of the 17th Pravasi Bharatiya Divas in Indore, Madhya Pradesh, the Ministry of External Affairs on Tuesday said that Oil and Gas cooperation are major sectors of cooperation for India with Guyana and Suriname amongst others. Skill development has been put in focus because it is an important subject. 

Qatar signed a $6 billion deal with Chevron Phillips Chemical on Sunday to build a plant, including the biggest ethane cracker in the Middle East, converting natural gas into polyethylene and other plastics.

Mitsui O.S.K. Lines, Ltd. (MOL), MOL Ferry Co., Ltd. (MOL Ferry), Japan Petroleum Exploration Co., Ltd. (JAPEX) and Hokkaido Gas Co., Ltd. (Hokkaido Gas) today jointly announce that basic agreements were signed between MOL and JAPEX, and between MOL and Hokkaido Gas for supply of LNG fuel to two newbuilding LNG-fueled ferries in each port on the Oarai-Tomakomai route operated by MOL Group company MOL Ferry.

Fergana Oil Refinery Plant (FNPZ) increases the volume of gasoline and liquefied gas production, trend reports with reference to Ministry of Energy of Uzbekistan.

Ecuador’s national oil company, Petroecuador, launched bidding to provide specialized technical service for EPC work at Amazon block 43 (ITT).