AsianOil - Asia Oil & Gas

Will China remain central to Sudan’s oil sector?

Recent improvements in US-Sudanese relations may shift power away from state-owned Chinese oil majors, but change is not likely to occur overnight.

NRG: Oil market strategising

Policy decisions made this past week will have both long and short-term ramifications for the wider energy sector.

Despite friction, OPEC+ reaches output compromise

Mongolia lockdown delays Petro Matad oil licence application

Venezuela resumes direct crude exports to China

Venezuela has reportedly resumed direct shipments of crude oil to China after more than a year of minimal activity.

ExxonMobil mulls Indian upstream farm-ins

US super-major ExxonMobil is in talks to farm in to producing oil and gas fields in India, according to Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan.

Sinopec sets shale gas production record at Fuling

China’s state-run Sinopec has set a new shale gas production record at its Fuling project in Chongqing municipality, state-run China Daily said on December 2.

CNOOC may face US sanctions

The US government is reportedly preparing to added China’s state-owned China National Offshore Oil Corp. (CNOOC) to a growing blacklist of companies believed to be connected to the Chinese military.

OGDCL strikes gas in Pakistan’s Balochistan Province

Pakistan’s Oil & Gas Development Company Ltd (OGDCL) announced last week that it had made a natural gas discovery at its wholly owned Lakhirud block in Balochistan Province.

Indonesia launches upstream conference

The Indonesian government has launched the 2020 International Convention on Indonesian Upstream Oil & Gas (IOG 2020) with the goal of engaging the upstream industry in discussion around the country’s 2030 production targets.

NSW on track to begin LNG imports by 2023

Australia’s New South Wales State is another step closer to importing its first liquefied natural gas (LNG) following Australian Industrial Energy (AIE) and Jemena’s new agreement to develop essential pipeline infrastructure.