AsianOil - Asia Oil & Gas
NRG: A sense of uncertainty
World oil markets have regained some ground, but the industry continues to experience conflict on a number of fronts.
The ups and downs of Chinese LNG imports
Chinese LNG imports are recovering but there are warnings that a winter buying spree of the fuel by the Asian country should not be expected.
Petramina doubles down on upstream targets
Indonesia’s state-owned Pertamina outlined plans this week not just to keep production stable but also to boost its reserve replacement ratio (RRR) significantly.
Pandemic decimates results of China’s Big Three
China’s Big Three oil companies have each seen their bottom lines ravaged by the COVID-19 pandemic, which has sent global oil and gas demand into a spin.
State Gas reveals CBM production record
Australian junior State Gas has revealed a new coal-bed methane (CBM) production test record at its wholly owned Reid’s Dome project in the Bowen Basin.
Cooper’s losses widen in 2019-2020
Australian independent Cooper Energy has posted an AUD86mn ($62.7mn) net loss for financial year 2019-2020, a widening on the previous year’s net loss of AUD12.1mn ($8.82mn).
PetroChina, Ovintiv terminate Duvernay joint venture
State-run PetroChina and independent Ovintiv have terminated their eight-year old joint venture that operates assets in the liquid-rich Duvernay shale gas play in Alberta Province.
ONGC adopts conservative acquisitions outlook
India’s state-run Oil and Natural Gas Corp. (ONGC) has said it is wary about investing in overseas while international oil prices continue to trade around $45 per barrel.
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