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.