AsianOil - Asia Oil & Gas

AsianOil: China Gas, Sinopec forge deeper ties

Natural gas distributor China Gas has agreed to forge a closer working relationship with state-owned Sinopec Group in the natural gas import and distribution segments.

OPEC+ largely maintains cuts with new deal

Fossil fuels’ future role in the spotlight

The future role of fossil fuels in a decarbonising world was being examined at the CERAWeek by IHS Markit conference this week.

Strike’s second WA appraisal well encounters oil, gas shows

Australian junior Strike Energy has observed hydrocarbon shows at its second appraisal well in the onshore West Erregulla natural gas field in Western Australia.

New Zealand studies LNG import feasibility

New Zealand has found itself in the awkward position of studying the feasibility of importing liquefied natural gas (LNG) just three years after placing a moratorium on new offshore exploration.

India calls on OPEC+ to walk back production cuts

The Indian government has once again called on OPEC+ to walk back production cuts in the name of stabilising oil prices, similarly warning that if prices did not come down then the country would seek alternative energy supplies.

Jemena welcomes report on gas’ “critical” role

Australian gas infrastructure operator Jemena has welcomed a new report that claims the cleaner-burning fuel is a “critical element” in the net-zero future of the country’ power mix.

FPC-led group bids for Shell’s stake in Philippine gas field

A group of companies, led by Hong Kong-based First Pacific Co. (FPC), has submitted an offer for Royal Dutch Shell’s 45% stake in the Philippines’ largest natural gas field.

Santos hires rig for two wells off WA

Australian independent Santos has hired a jack-up drilling rig to drill two wells at the greater Phoenix project offshore Western Australia, according to junior partner Carnarvon Petroleum.

Petronas launches exploration bid round

State-owned Petronas has launched a new bid round for 13 exploration blocks offshore Malaysia, including nine shallow-water acreages and four deepwater permits.