AsianOil - Asia Oil & Gas

15 January 2020

Indonesian upstream set for another tough year

14 January 2020

Indonesia’s upstream regulator SKK Migas has warned that the country could miss its 2020 crude oil production target despite an anticipated rise in upstream spending.

State Gas revises down Queensland well’s production numbers

13 January 2020

Australian independent State Gas has revised down its production numbers for the Nyanda-4 gas well in Queensland after launching an audit into its initial figures late last year.

China unveils upstream reform

13 January 2020

The Chinese government has unveiled plans to allow foreign and private companies to explore and develop the country’s oil and gas resources without the need for partnerships with state-owned developers.

MOL, COSCO name newest LNG carrier

13 January 2020

Japan’s Mitsui OSK Lines (MOL) and China COSCO Shipping have named the second of four LNG carriers the companies have commissioned to transport fuel produced by Russia’s Yamal LNG project.

Vietnam sets 2020 goals for PetroVietnam

13 January 2020

The Vietnamese government has raised the bar for state-owned PetroVietnam after the major surpassed its 2019 oil and gas production targets.

Petronas to re-enter Cambodia’s energy sector

13 January 2020

Malaysia’s state-owned Petronas is preparing to re-enter Cambodia’s oil and gas sector after exiting the South-East Asian country in 2010, a senior Malaysian diplomat has said.

Indian LNG demand supports spot prices

13 January 2020

India’s demand for liquefied natural gas (LNG) is helping drive spot prices for the fuel higher, according to a report by Reuters.

Indian Oil, OIL team up on CCUS-EOR project

13 January 2020

India’s largest oil refiner Indian Oil has teamed up with state-run developer Oil India Ltd (OIL) on a project to re-inject refinery carbon emissions at a nearby mature oil project.

Cyclicality of LNG market to become clearer as demand forecast to recover

9 January 2020

Analysts from Bernstein Research are forecasting that the global LNG glut will end earlier than widely expected thanks to an anticipated resurgence in Asian demand, as well as construction being wrapped up on current projects.

Australia becomes top LNG exporter for 2019

9 January 2020

Australia edged out Qatar to become the world’s leading exporter of LNG in 2019, as its output of the super-chilled fuel grew.