AsianOil - Asia Oil & Gas
Philippine President says joint oil and gas exploration with Beijing in South China Sea is "distinct possibility"
Philippine President Ferdinand Marcos Jr. has said joint oil and gas exploration with China in the contested South China Sea is a "distinct possibility", with negotiations advancing as Manila seeks to strengthen domestic energy security.
Chinese LNG imports rebound in July amid eased Middle Eastern disruptions
China's LNG imports increased year on year in July as buying continued to recover from the sharp downturn earlier this year, although imports remained lower over the first seven months as a whole.
SLB scores deal to restore wells off Brunei
Global oilfield services contractor SLB has secured a contract from Brunei Shell Petroleum to help restore production from shut-in wells across several mature offshore fields in Brunei.
Southeast Asia’s upstream growth is shifting to gas
Ageing oilfields are absorbing capital to slow decline, while the region’s biggest new supply opportunities are increasingly in gas.
Woodside plans ninth infill well at Australia's Pluto gas field
Australian oil and gas major Woodside Energy is planning a ninth infill production well at the Pluto gas field offshore Western Australia as it seeks to maximise output from the mature asset and make fuller use of processing capacity at Pluto LNG.
ASX-listed Strike sees bump in reserves at Australia's Walyering gas field
Sydney-listed Strike Energy has increased 2P gas reserves at its Walyering field in Western Australia following the addition of resources from the recently discovered Walyering West accumulation.
Australia's Santos looks forward to H2 boost in oil and gas output
Australian oil giant Santos expects production to rise sharply in the second half of this year as its Barossa gas project offshore northern Australia approaches full capacity and the Pikka oil development in Alaska continues to ramp up.
Australia's Equus strikes gas deal on road to FID key project
Australian developer Equus Energy has signed a binding conditional 10-year gas sales agreement with Alcoa of Australia, securing a foundation customer for its proposed Equus Gas Project.
Australia could loosen gas reserves requirements amid opposition, says operator CEO
Australia's government could soften elements of its proposed domestic gas reservation scheme following strong industry opposition.
Australia seeks consultations on ways to bolster domestic fuel security
Australia has launched consultations on measures to strengthen domestic fuel security, including the creation of a 1bn-litre strategic reserve of diesel and jet fuel and higher minimum stockholding requirements for fuel suppliers.
Taipower fuel costs set to rise by more than TWD120bn
Taipower vice-president Tsai Chih-meng said on August 18 that higher fuel costs had increased the company’s financial burden and urged the government to provide support.
Indonesian LNG company Donggi Senoro pivots toward domestic gas priority
Indonesian liquefied natural gas (LNG) operator PT Donggi Senoro LNG (IDX:DSLNG) is restructuring its market distribution.
Vietnam oil and gas sector enters new investment cycle
Vietnam’s oil and gas industry is entering a fresh investment phase as declining output from ageing fields drives demand for new developments.
Golar LNG purchases fourth FLNG unit
Marine infrastructure firm Golar LNG has placed an order for its fourth FLNG unit.
India remains uncertain about LNG supply from Qatar
Petronet is sounding the alarm as QatarEnergy examines its force majeure status on a month-to-month basis.
India’s ONGC gets US licence to return to Venezuela oil projects
India’s biggest oil and gas producer is preparing to deepen its involvement in Venezuela after receiving authorisation from the US Office of Foreign Assets Control, according to Indian media reports
ExxonMobil and partners award $1.1bn of pre-FID contracts for Mozambique’s Rovuma LNG
ExxonMobil and its Area 4 partners have awarded about $1.1bn in contracts for long-lead equipment and early construction work for the Rovuma LNG project in Mozambique, as the developers move closer to a final investment decision (FID).
Thai growth slows to 1.9% as energy costs weigh on economy
Thailand’s economic growth slowed to 1.9% in the second quarter as higher energy costs weakened domestic demand despite stronger investment and government stimulus.
India’s ONGC Videsh gets US licence to resume full Venezuela operations
India’s Oil and Natural Gas Corporation's (NSE:ONGC) overseas arm, ONGC Videsh Ltd (OVL), has received a licence from the US Treasury's Office of Foreign Assets Control (OFAC).
Bangladesh tightens power-saving measures as gas shortages deepen amid Iran crisis
Bangladesh is stepping up electricity-saving measures as persistent natural gas shortages, power cuts and disruptions in global energy markets linked to the Iran crisis put further pressure on the country's power and energy systems.
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