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Eni and Petronas to Launch 8 Upstream Projects in Southeast Asia

Eni and Petronas plan to start up as many as eight new projects in Indonesia and Malaysia over the next three years, Eni’s chief executive Claudio Descalzi told Malaysia’s national news agency Bernama in an interview, following last week’s announcement that the two firms are creating a joint venture to combine their offshore assets in Southeast Asia.

Indian oil & gas companies look forward to ‘long-term’ purchase contract with Angola: Prez Murmu

Indian oil and gas companies are desirous of entering into a “long-term” purchase contract with Angola to meet the country’s energy requirements as they also wish to invest in petroleum refining and exploration of critical and rare earth minerals in the African country, President Droupadi Murmu said on Sunday.

Let oil benefits translate into real and lasting improvement in local communities- WR Reg. Minister

Mr. Joseph Nelson, the Western Regional Minister, has urged stakeholders in the petroleum industry to ensure that the sector’s benefits are transmitted to the local communities.
“The sector placed on us the duty to ensure that the benefits of petroleum development translate into real, lasting improvements in local livelihoods and community well-being

Egypt Seeks Investors for Oil and Gas Exploration in the Red Sea

Egypt has launched a new international bidding round for oil and gas exploration in the Red Sea. The announcement was made on November 4, 2025, by Minister of Petroleum and Mineral Resources Karim Badawy during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025). The tender covers the offshore blocks RS-1, RS-2, RS-3, and RS-4.