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.