AsianOil - Asia Oil & Gas

NRG: Oil enters choppy waters

India greenlights Bharat Petroleum’s Mozambique LNG plans, but with a caveat

India’s government has reportedly authorised a Bharat Petroleum Corporation Ltd (BPCL) subsidiary to proceed with investment in the Mozambique LNG project, despite lingering questions about the company's past decisions.

Total sees oil demand peaking in 2030

Ups and downs as OPEC+ levels broadly maintained

China set for record LNG imports

China’s LNG imports are forecast to grow this year, with the country’s industrial and residential demand rising even as it shrinks elsewhere in the world owing to the coronavirus (COVID-19) pandemic.

Turkmenistan and Afghanistan sign agreements on construction of TAPI gas pipeline among other projects

IEC looks to future after subdued first-half

Oil and gas developer Indonesia Energy Corp. (IEC) saw its revenue and crude oil production both decline in the first half of this year, owing to the COVID-19 pandemic.

India slashes prices for domestic gas production

The Indian government has slashed the price of natural gas produced by state-run developers, putting their finances under greater pressure.

India seeks greater oil security

The Indian government has revealed that it is still exploring the idea of storing strategic reserves of oil overseas, after first touting the idea in July when it signed a co-operation agreement with the US.

Cairn Energy keeps arbitration award in its sights

UK developer Cairn Energy reiterated claims this week that it expects an arbitration panel to award it $1.4bn in damages against the Indian government in their long-running tax dispute.

Jemena to extend NSW gas pipeline

Australian pipeline operator Jemena has unveiled plans to plans to extend its Eastern Gas Pipeline (EGP) by around 185 km north from New South Wales’ capital city of Sydney to the Hunter Valley region.

Government approval puts Philippine LNG project back on track

The Philippines is on track to begin importing liquefied natural gas (LNG) before the end of 2022, following the government’s recent green light for work to begin on a floating storage and regasification unit (FSRU) based project.

CNOOC caps off productive September with third field start-up

Chinese state-run developer CNOOC Ltd said this week that it had started production from a shallow-water oilfield expansion in central Liaodong Bay, its third such announcement for September.