Saudi Oil Shipments to China Fall to Record Low
Saudi Arabia’s crude exports to China are expected to fall to record lows in June as elevated oil prices and ongoing Hormuz disruptions weigh on Asian demand.
Saudi Arabia’s crude exports to China are expected to fall to record lows in June as elevated oil prices and ongoing Hormuz disruptions weigh on Asian demand.
Iraq and Pakistan reached separate agreements with Iran to move crude oil and LNG through the Strait of Hormuz as regional energy disruptions continue.
Santos and its PNG LNG partners approved a new 19-km gas pipeline tie-in project that will connect the Agogo production facility to existing LNG infrastructure in Papua New Guinea.
Meghna PVC Limited is implementing a long-term corrosion management program with Jotun aimed at improving steel integrity and reducing infrastructure risk at its Bangladesh facility.
Japan’s Taiyo Oil secures crude from Russia’s Sakhalin-2 project as the Iran war disrupts Gulf supply and forces refiners to seek alternative sources.
China faces growing pressure to use its influence with Iran to reopen the Strait of Hormuz, a key global oil shipping route disrupted by escalating tensions.
Petronet LNG expects to resume full contracted volumes from Qatar after disruptions tied to the Strait of Hormuz closure and LNG supply outages.
Petronas and ENEOS have agreed on a 10% stake in the MLNG Tiga project, reinforcing long-term LNG supply ties between Malaysia and Japan.
The U.S. has sanctioned a major Chinese refinery and dozens of vessels tied to Iranian oil trade, escalating efforts to restrict global crude flows.
Osaka Gas has begun ship-to-ship LNG bunkering operations, completing its marine fuel supply network and expanding LNG fueling flexibility for vessels in Japan.
AG&P LNG will acquire full ownership of the Cai Mep LNG terminal in Vietnam, strengthening its position in the country’s growing LNG-to-power infrastructure network.
Mitsui O.S.K. Lines has signed its first long-term LNG carrier charter agreement with INPEX, supporting stable LNG transport and expanding its global fleet.
Burckhardt Compression has secured multiple orders to supply boil-off gas compressor systems for LNG terminals in Thailand and Taiwan, supporting gas handling and operational efficiency.
SOCAR has signaled readiness to supply LNG to Pakistan under an existing agreement, as the country seeks cargoes to address growing energy shortages.
Singapore GasCo is securing additional LNG cargoes to offset supply disruptions while preparing to pursue long-term supply deals amid ongoing market volatility.
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