AsianOil - Asia Oil & Gas

Gazprom and Mongolia agree to set up JV for gas transmission to China project

NRG: Looking to the future

Although rattled by the international oil and gas price collapse, governments and investors continue to press forward – either through new legislation or new projects

Hong Kong-based Golden Concord Holdings ties up with H. Sterling to restructure its LNG and gas businesses

Hong Kong-based energy conglomerate Golden Concord Holdings Ltd (GCL Group) has launched a strategic restructuring of its LNG and gas businesses, the company announced on May 31, 2020, and established a new company, GCL Natural Gas Group Ltd.

Nigerian-Chinese JV hopes to commission modular refinery in September

A Nigerian-Chinese joint venture is hoping to commission its new 6,000 barrel per day (bpd) modular refinery in Edo State sometime next month.

Panama Canal marks Neopanamax transit milestone

The SK Resolute LNG carrier completed a transit last week that marked the 10,000th journey by a Neopanamax vessel through the Panama Canal since its expansion.

Petronet reportedly considering scaling back Tellurian investment

India’s Petronet LNG is reportedly considering scaling back a proposed investment in US-based Tellurian’s Driftwood LNG project, which had previously been pegged at around $2.5bn.

Indonesia approves Paus Biru gas field development

PTT looks to greener future

Thailand’s state-owned PTT is ramping up its commitment to renewable power generation amid a downturn in its oil and gas business.

Petronas’ petroleum revenue hit by movement controls

Malaysia’s state-owned Petronas claims to have lost around MYR17bn ($4.08bn) in petroleum revenue between March and June following the government’s introduction of a movement control order (MCO).

India mulls another gas price cut

India is reportedly planning to reduce prices for domestically produced natural gas to their lowest level in more than a decade, ignoring state-run producer complaints that already low prices make development uneconomical.

OIL fails to shut in Baghjan well blowout

State-run Oil India Ltd (OIL) has failed in its third attempt at shutting in a well fire at its Baghjan natural gas and condensate field in Assam State.