AsianOil - Asia Oil & Gas
QP pens LNG deal with Singapore's Pavilion
NRG: COVID-19 vaccine lifts hopes
Super-majors see LNG ups and downs in Asia
ExxonMobil has pulled out of an LNG import project in Pakistan, while Chevron has provided an update on the restart of Train 2 at Australia’s Gorgon LNG.
Australian downstream in a tailspin
Australia’s downstream sector is in trouble, with one refinery closure announced this past week and another facility on the verge of shutting up shop.
Australian opposition leaders heal divide over gas
The Australian Labor Party’s (ALP) leaders have reportedly managed to agree on a document that unifies various opposing party viewpoints under one banner.
Hengli doubles Dalian refinery’s oil storage
Independent Chinese refiner Hengli Petrochemical has reportedly added 3.6mn cubic metres (21.39mn barrels) of new crude oil storage to its 400,000 barrel per day downstream complex in Liaoning Province.
Petronas boosts government dividend
Malaysia’s state-owned Petronas has increased its 2020 dividend payment to the government by almost a third as the COVID-19 pandemic puts mounting strain on the national budget.
PTTEP’s plans for Erawan delayed by Chevron’s arbitration
Thailand’s state-owned PTT Exploration and Production (PTTEP) has said that US super-major Chevron’s arbitration with the government over the Erawan natural gas field will stop it from installing production facilities this year.
China pledges upstream developments as crude imports grow
The Chinese government has pledged to speed up the development of the upstream and midstream sectors amid a deepening dependency on foreign hydrocarbon supplies.
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