AsianOil - Asia Oil & Gas
Chinese natural gas importers are once more ramping up their purchases from US suppliers as the country battles an energy crunch in the run-up to the peak winter demand season.
The Indonesian government has cut the country’s oil and gas production targets for this year after several upstream projects were affected by the coronavirus (COVID-19) pandemic.
India’s efforts to drum up investment in its upstream continued this week with Prime Minister Narendra Modi calling on both foreign and private players to help boost the country’s production.
In its efforts to rein in an oftentimes unrestrained refining industry Beijing is accused of overseeing investigations into tax irregularities at two of its independent refiners, while at the same time giving a tacit nod to operations continuing.
Refiners across Asia are ramping up their operations in order to meet an uptick in oil product demand, according to market observers.
A New South Wales court has rejected a group of farmers’ legal challenge to the state government’s decision to approve the Narrabri coal-bed methane (CBM) project.
Malaysia’s state-owned Petronas has earmarked around MYR20bn ($4.81bn) per year for upstream operations over the next seven years, CEO Adif Zulkifli has revealed.
Chinese ‘teapot’ refiners said to have eye on Iranian crude floating off China, Singapore and Malaysia
Australian independent Senex Energy’s continued success in boosting production has attracted an all-cash takeover bid from South Korea’s POSCO International.
India’s ongoing efforts to reinvent itself as a destination of choice for upstream investors continue to yield minimal results, with the government’s latest bid round failing to garner much interest.