Page 1 - AsianOil Week 05 2022
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Issue 805             04•February•2022                     Week 05






                    ™      CCS momentum


                            Malaysia’s Petronas has announced another collaboration on carbon capture
                            and storage, this time with JAPEX.


                    ™      Higher spending


                            India’s leading state-owned oil and gas companies are set to spend nearly
                            $14.7bn over the 2022-23 financial year, which begins in April.

                    ™      Exodus


                            Australia’s Woodside has become the latest oil and gas company to announce
                            that it would withdraw from its operations in Myanmar.

                    ™      Subsidies


                            Japan’s Ministry of Economy, Trade and Industry has introduced subsidies to
                            help the countries oil suppliers offset costs linked to soaring crude prices.
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