AsianOil - Asia Oil & Gas
Gas demand from Chinese generators could decline 17% by 2025
China’s gas-fired generating sector is struggling to stay afloat as the twin pressures of lower tariffs and the ongoing trade war could push demand for feedstock down by 17% by 2025.
Coal and gas to lose out to renewables by 2026 in Australia
Demand for coal and natural gas as generating fuels in Australia has peaked and is set to be overtaken by solar PV and onshore wind by 2026.
NRG: Ahead of the peak
A warning that oil demand will peak within a few years overshadows some of the positive news coming from oil producers in recent days.
BP warns of peak oil demand just around the corner
Restart troubles for Australian LNG facilities
Attempts to restart Prelude FLNG and the second train at Gorgon are running into obstacles and taking longer than initially expected.
Reduced LNG demand drives project delays
Investors are widely expected to delay sanctioning new LNG export capacity on the back of depressed demand and an uncertain economic outlook.
Australia pursues hydrogen ambitions
Sinopec awards long-term LNG supply contract to Qatargas
China’s state-run Sinopec has reportedly awarded a long-term liquefied natural gas (LNG) supply contract to Qatargas for 1mn tonnes per year of the super-chilled fuel.
RIL plans O2C spin-off
Indian conglomerate Reliance Industries Ltd (RIL) has revealed details of its plan to spin off its oil-to-chemicals (O2C) assets, ahead of a planned stake sale.
SapuraOMV ramps up output from gas field offshore Malaysia
SapuraOMV Upstream has “stabilised” production from the Bakong natural gas field offshore Malaysia, after bringing the asset on stream in June.
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