AsianOil - Asia Oil & Gas
Iran’s central bank governor warns legal action may be taken to obtain oil money owed by South Korea
Shell reportedly weighs sale of stake in QCLNG
Royal Dutch Shell is reportedly considering selling a stake in the common facilities at its Queensland Curtis LNG (QCLNG) plant in Queensland, Australia.
NSW CBM moratorium advances
New South Wales’ Upper House passed a controversial Bill on June 3 that seeks to ban coal-bed methane (CBM) development within the state.
PNG suspends trading of Oil Search shares
Oil Search revealed this week that Papua New Guinea’s (PNG) market regulator had ordered the National Stock Exchange (PNGX) to suspend trading of the company’s shares.
Jadestone’s first-quarter profits jump 22%
Asia-focused independent Jadestone Energy has reported a 22.4% year-on-year jump in its first-quarter net profit to $13.1mn.
QP reserves South Korean LNG shipbuilding capacity in $19bn megadeal
QP has agreed to reserve LNG shipbuilding capacity with three South Korean shipbuilders in an order worth $19bn as the company pushes on with its gas expansion plans.
Pertamina, CPC close to building West Java petrochemical plant
Indonesia’s state-owned Pertamina and Taiwan’s state-run CPC are reportedly set to build joint petrochemical complex in West Java Province.
OIL struggles to cap gas well blowout
The Indian Ministry of Petroleum and Natural Gas has sent to a team to inspect state-run Oil India Ltd’s (OIL) well in Assam State, which has been leaking natural gas and condensate for more than a week.
Asian LNG prices slump once more
The global oversupply of LNG and the destruction of Asian demand owing to the COVID-19 pandemic have sent spot prices spiralling for a second week.
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