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The carbon tax endorsement was just one part of a broader plan the group said will be required to combat climate change.

The INPEX-lead Ichthys LNG megaproject won the 2021 International Petroleum Technology Conference Excellence in Project Integration award in a presentation that took place during the opening ceremonies of the annual conference.

Petronas has become the first global energy company to own and operate two floating LNG production facilities. The PFLNG DUA loaded its first shipment on an LNG carrier bound for Thailand. Petronas is also stepping up promotion of its 2021 licensing round for new fields.

Oil prices are up and so is the outlook for companies at the heart of the US unconventional oil sector, but they still have their concerns.

ExxonMobil’s Kerry Moreland, a geoscientist, managed breakthrough discoveries in the early stage of her 15-year career that have positioned the company for decades to come in South America. Now she is pursuing similar goals in Africa and Asia Pacific, as she explains in a moderated interview at this week’s IPTC in Kuala Lumpur.

The energy unit of the London-based multinational chemical company is seeking to bolster its ownership of operated offshore assets.

The no-debt transaction will result in a combined company with 24 offshore drilling units.

The deal follows investor pressure shared across the US shale sector to reduce leverage and capital outflows.

The Norwegian Petroleum Directorate and Equinor have announced the biggest discovery so far this year on the Norwegian Continental Shelf. Three wildcat wells drilled in the Blasto prospect near the Fram field confirmed the find and were then permanently plugged and abandoned.

The contractor will design and construct a newbuild FPSO destined for the giant Australian gas project in 2025.

The expansion of the Changhau wind project is part of Taiwan’s ambitious plans to bring the country’s overall capacity to 15.5 GW in 2035.

Schlumberger has won a $480-million contract to drill 96 oil wells in southern Iraq for the country’s Basra Oil Company and for ExxonMobil, which operates the giant West Qurna-1 field with partners from Iraq, Japan, Indonesia, and China. West Qurna-1 is one of the world’s largest oil fields.