AsianOil - Asia Oil & Gas
Companies and countries alike are taking steps forward with various oil and gas plans, though some continue to tread carefully in uncertain market conditions.
After a tough 2020, this year has started relatively positively for the LNG industry.
Malaysia’s Petronas has assumed operatorship of the offshore E11 natural gas hub from Royal Dutch Shell, the state major said on January 7.
Indian gasoline prices climbed to an all-time high this week amid improving domestic demand and stronger international oil prices.
Italian major Eni has reportedly put its sale of natural gas assets in Australia on hold after failing to attract bids of sufficient value.
Royal Dutch Shell announced on December 21 that it had agreed to sell a 26.25% stake in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners Australia.
UK super-major BP’s Ironbark-1 exploration well offshore Western Australia has turned out to be a dry hole, the developer’s junior partners announced last week.
Indonesian upstream watchdog SKK Migas has apparently settled its differences with Spain’s Repsol over the onshore Kaliberau natural gas project, signing off on proposed development plan last week.