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Drill, China, drill: State majors step on the gas after Xi calls for energy security
Offshore specialist CNOOC Ltd said last week it was confident of achieving its spending target this year, the highest since 2014 China’s state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves in a concerted drive to boost local supplies.
By : REUTERS ll Reporting by Chen Aizhu in Singapore and Meng Meng in Beijing ll Editing by Lincoln Feast | February 04, 2019
South Korea to cap operations of coal, oil power plants due to air pollution
The South Korean government has introduced the cap on a trial basis since October and plans to fully introduce it from 2019, the statement added.
By : Reuters l Reporting By Jane Chung l Editing by David Evans | December 03, 2018
Pakistan expects 8 investment deals during Saudi prince's visit
Saudi Arabia, meanwhile, is looking to diversify its economy beyond oil exports and also needs allies in the aftermath of the killing of Saudi journalist Jamal Khashoggi at the Saudi consulate in Istanbul in October.
By : Reuters ll Reporting by James Mackenzie ll Editing by Frances Kerry | February 15, 2019
Abu Dhabi's ADNOC seeks to expand downstream investment in Asia
ADNOC, along with Saudi Aramco, is participating in a planned 1.2 million-barrels-per-day coastal refinery in western Maharashtra state
By : Reuters ll Reporting by Nidhi Verma ll Editing by Tom Hogue | February 13, 2019