Page 1 - AsianOil Week 49 2021
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Issue 799 10•December•2021 Week 49
Prices rise
Saudi Arabia has once again increased oil prices for buyers across Asia, as
well as those from the US.
State-owned
Malaysia’s Sabah State has signed a deal allowing it to set up a state-owned
company and increase its participation in oil and gas operations in the state.
Big spender
Australia’s Woodside has committed to spending $5bn on “new energy” by
2030 in a bid to embrace the energy transition.
Merger approved
The proposed merger between Santos and Oil Search has cleared its final
hurdles and become effective after receiving approval in Papua New Guinea.
