Greece has extended naval exercises until March 2025 to prevent Russian oil tankers from transferring cargo off its coast, as part of efforts to limit funding for Russia's war in Ukraine. Despite these efforts, Russian tankers continue to swap oil at sea, prompting the European Parliament to call for more targeted sanctions against Russia’s shadow fleet.
TotalEnergies and Oil India have partnered to use AUSEA technology for methane emissions detection at OIL's sites, supporting the Oil and Gas Decarbonization Charter’s goal of near-zero methane emissions by 2030. This collaboration highlights OIL's commitment to reducing emissions and advancing global sustainability efforts.
Egypt is seeing a surge in oil and gas production, driven by incentive packages that attract both local and international investment. Minister Karim Badawi outlined a comprehensive strategy focusing on boosting exploration, refining, and mineral wealth, while integrating renewable energy and improving environmental sustainability.
Peninsular Malaysia's oil and gas reserves have halved in the past decade, causing concern about the country's energy security and its growing dependence on imports. Economy Minister Rafizi Ramli highlighted the challenges of resource allocation, the need for economic adjustments, and the ongoing discussions over revising revenue-sharing agreements with East Malaysia.
The China-Russia east-route natural gas pipeline has completed construction and entered its final commissioning phase, set to deliver 38 billion cubic meters of gas annually to key regions in China. This vital infrastructure project will ease supply constraints, support cleaner energy development, and drive economic growth in eastern China.
Azerbaijan's offshore wind energy sector is gaining momentum with the involvement of three companies specializing in green energy projects.