AsianOil - Asia Oil & Gas
International commodity trader Trafigura is reportedly planning to move its crude oil marketing operations from Qingdao in Shandong Province to its commodities desk in Shanghai.
UK-listed independent Mosman Oil and Gas has agreed to farm out a 70% operated stake in its application for the EP 155 permit, which is located in Australia’s Northern Territory.
The Australian Renewable Energy Agency (ARENA) has awarded AUD1.1mn ($712,000) in funding for a renewable methane pilot project that is being developed by APA and Southern Green Gas.
Malaysian national oil company (NOC) Petronas and the Sarawak State government have settled their dispute over oil and gas rights as well as a multi-million dollar unpaid tax bill.
State-run refiner Indian Oil Corp. (IOC) has revealed that it plans to scale up its refinery operations this month as the country’s oil product demand slowly rebounds.
Authorities in a district of India’s Andhra Pradesh State have ordered state-run Oil and Natural Gas Corp. (ONGC) and GAIL (India) to produce a safety certificate for their facilities or face a suspension of operations.
India’s government finally appears ready to listen to calls from the country’s state-run oil and gas developers that some measure of upstream relief is needed during the current downturn in energy prices.
The world is struggling to absorb a glut of LNG, but import-dependent Japan could find itself facing a shortage of the fuel
Privately owned G3 Exploration (G3E) has revealed that its receivers have suspended production from assets in the Shizhuang South (GSS) coal-bed methane (CBM) block.
Singaporean independent KrisEnergy has warned that the steep fall in oil prices during the first four months of this year would weigh on revenue from its Thai and Bangladeshi operations.
The Pilbara Port Authority (PPA) has issued Australia’s first ship-to-ship liquefied natural gas (LNG) bunkering licences to Woodside Petroleum.
Thailand’s state-owned PTT Exploration and Production (PTTEP) has unveiled plans to slash capital expenditure this year after the oil price collapse sent the company’s quarterly profit tumbling.
Pakistan’s state-owned Oil and Gas Development Co. (OGDC) has reportedly suspended work on its first shale gas well.
Pakistan could run out of oil products within the next few weeks owing to government agencies’ inability to work together to resolve a supply shortfall, local daily The News reported on May 5.
The Australian state of Queensland has announced plans to restart its 2020 exploration tender, which was suspended as the country ramped up its response to the coronavirus (COVID-19) pandemic.
Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said this week that the country’s energy demand had fallen by 70% since the nationwide lockdown began on March 24.