AsianOil - Asia Oil & Gas

NRG: LNG spikes, political swings and new technologies

Australia backs Beetaloo development

The Australian government has announced plans to provide additional funding that is geared towards speeding up the development of the Northern Territory’s shale gas resources.

Ups and downs for LNG in Australia

Chevron has reported finding weld quality issues at a second train at its Gorgon LNG project, while Shell has restarted production at Prelude FLNG after an almost year-long outage.

China’s oil, gas imports climb in 2020

China’s crude oil and natural gas imports both climbed to record highs in 2020, despite the COVID-19 pandemic severely depressing economic activity.

Squadron seeks foundation buyers for LNG project

Australia’s Squadron Energy is striving to close talks with potential customers for its liquefied natural gas (LNG) import project at Port Kembla in New South Wales.

Indian oil demand shrank in 2020

Although India’s oil demand shrank in 2020 for the first time in more than two decades, the country’s demand for liquid petroleum gas (LPG) climbed to new highs.

Strike launches WA petchem development

Australian junior Strike Energy is progressing with an ammonia and urea manufacturing facility development in Western Australia, which will use natural gas supplied from the company’s onshore Greater Erregulla project.

Ampol cautious over Lytton refinery’s stronger quarter

Australian refiner and oil marketer Ampol has posted a fourth-quarter unaudited loss of AUD4mn ($3.1mn) for its Lytton refinery, marking an improvement in the facility’s fortunes.

Indonesia’s PGN unveils three-year gas plan

Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.