Page 1 - AsianOil Week 19 2022
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Issue 819 13•May•2022 Week 19
Higher expectations
Japan’s Inpex has raised its net profit forecast for 2022 and kicked off new
exploratory drilling over the past week.
Seeking a bargain
Indian companies are taking advantage of cheap prices on the spot market
for Russian LNG while many other importers are avoiding those cargoes.
Low-carbon partnerships
Chevron and ExxonMobil have signed separate agreements with state-owned
Pertamina to explore low-carbon opportunities in Indonesia.
Stopping work
Chinese yards are reportedly set to halt work on modules for the Novatek-led
Arctic LNG 2 project in Russia by the end of May.
