AsianOil - Asia Oil & Gas
In response to the recent imposition of fresh US sanctions related to Russia's Arctic LNG 2 gas project, Japan’s Mitsui has announced its intent to comply fully with the restrictions.
India’s public sector oil companies are keen to pursue any and all options to utilise their frozen dividend income sitting idle in Russian bank accounts.
China's persistent surge in crude imports throughout the year has left oil markets more puzzled than optimistic reports in Asia suggest.
Beset as it is with an economic crisis that has placed an enormous strain on energy supply within Pakistan, Sui Northern Gas Pipelines Ltd (SNGPL) has recently moved to seek out and close illegal gas connections throughout its region of distribution.
Petronas said in a statement the Bintulu Additional Gas Facility (BAGSF-2) had commenced deliveries, thus contributing to the further growth of the petrochemical industry of Sarawak.
Indonesia has moved a step closer to deploying a floating LNG vessel off Madura Island with the announcement on September 13 that Malaysian oil services firm Bumi Armada has signed a non-binding agreement with Davenergy Mulia Perkasa (DMP).
Luhut Binsar Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment of Indonesia has said that the Indonesian government has identified a substantial oil find of approximately 27bn barrels in Warim, Papua.
Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.
The clock is ticking for Russia to reach a contract with China for natural gas supply via the planned Power of Siberia 2 pipeline, but while Moscow claims negotiations are progressing, Beijing has been mute on the subject.
Cambodia has witnessed a decline in its intake of oil and gas products, with figures reaching $2.28bn during the January to August period this year.
Russia has permitted unreinforced oil tankers to travel through the Northern Sea Route in the Arctic – a route the country has had to rely increasingly on to export its oil, natural gas and other natural resources in the face of Western sanctions.