AsianOil - Asia Oil & Gas

Green energy could reduce Asian LNG production emissions by 8%

Using renewable energy to operate LNG production plants across the Asia-Pacific region could reduce emissions by about 8%

Gazprom’s European exports plunge, boosting China’s appeal

China ramps up US crude purchases

China is stepping up its purchases of US oil ahead of a preliminary trade deal between the two countries coming up for review.

NRG: All the news at your fingertip

Asia’s smaller refiners flounder in face of weak margins

Chevron ordered to inspect remaining Gorgon trains for damage

Chevron and its partners in the Gorgon LNG project have been ordered by the government of Western Australia to inspect the propane heat exchangers at Trains 1 and 3 at the 15.6mn tonne per year liquefaction terminal.

India bars Chinese ships from importing oil and gas

India and China’s relationship appears to have deteriorated further, following reports that New Delhi has banned China-flagged and owned vessels from carrying hydrocarbons to and from the South Asia country.

ONGC faces funding struggle

India’s state-owned Oil and Natural Gas Corp. (ONGC) may have to raise debt to fund its planned capital expenditure budget for financial year 2020-2021, according to a recent PTI report.

Neptune eyes Eni’s Australian assets

Neptune Energy is reportedly the latest party to express interest in buying Italian major Eni’s Australian oil and gas portfolio.

Woodside mulls acquisition opportunities

Australia’s Woodside Petroleum has said it is looking to acquire distressed oil and gas assets after reporting a 28% slide in its first-half adjusted profit.

Petronas backs offshore technology project

Malaysia’s state-owned Petronas Research has teamed up with FASTsubsea to develop a subsea multiphase pump that does not include a topside.

China pauses Venezuelan loan repayments

China has reportedly agreed to grant Venezuela a grace period on billions of dollars’ worth of oil-for-loan repayments this year.