AsianOil - Asia Oil & Gas

NRG: Balancing optimism with caution

India’s energy companies adapt to “new normal”

India’s oil and gas companies are preparing for a prolonged period of depressed energy prices, with one business leader suggesting the sector needs to prepare for oil never returning to $100 per barrel.

Strike continues to struggle with West Erregulla well

Australian independent Strike Energy has run into further difficulty during the drilling of its first well in a three-well appraisal of the onshore West Erregulla natural gas field in Western Australia.

Beach upbeat despite downturn in Q3 revenue

Australian independent Beach Energy recorded a 17.5% decline in its third-quarter revenue on the back of weaker international oil prices.

Fatal PTT pipeline explosion stokes fears over further blasts

Thailand’s state-owned PTT is under mounting pressure to explain last week’s natural gas pipeline explosion in Samut Prakan Province, which lies just south-east of central Bangkok.