Mubadala Petroleum to invest in Pegaga project in Malaysia

Mubadala PegaAbu Dhabi-based Mubadala Petroleum, along with its partners Petronas Carigali Sdn Bhd and Sarawak Shell Berhad, have reached the final investment decision for the Pegaga gas field development in Block SK 320, offshore Malaysia

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Crescent Petroleum and Dana Gas to increase gas production from Khor Mor field

Khor Mor GasPearl Petroleum, the company consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a 10-year gas sales agreement (GSA) with the Kurdistan Regional Government (KRG) to supply and sell additional quantities of gas to boost local domestic electricity generation

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Japan leads globally with most LNG regasification capacity: GlobalData

Japan LNGJapan has the highest LNG regasification capacity globally with 9.6 tcf in 2018, with South Korea and China following with 4.9 tcf and 3.2 tcf respectively, according to GlobalData, one of the leading data and analytics companies across the world

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Dana Gas ends 2017 financially stronger with US$83mn net profit

Dana GasDana Gas PJSC, the Middle East’s largest regional natural gas company, has reported gross revenue and net profit of US$450mn and US$83mn for 2017, as compared to US$392mn and net loss of US$88mn in 2016

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Shell sees potential LNG supply shortage as global demand surges

LNG TankThe global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29mn tonnes to 293mn tonnes in 2017, according to Shell’s annual LNG Outlook

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