AsianOil - Asia Oil & Gas

Price boost seen expediting Aramco’s Reliance deal

AsianOil: Indonesia sets upstream content targets

Indonesia’s upstream watchdog SKK Migas has set a local content target for upstream investment in 2021, after the COVID-19 pandemic derailed last year’s target.

ADNOC and Petronas sign broad collaboration deal

Carbon-neutral LNG picks up momentum

Several recent developments illustrate the adoption of carbon-neutral LNG picking up pace, though it is still in its early days.

Mature offshore development signs CO2 supply deal

The Gippsland Basin Joint Venture (GBJV) has signed a new deal to supply CO2 siphoned from its gas production.

Australian decommissioning in focus

National Energy Resources Australia (NERA) has announced a new collaborative effort by the upstream industry to tackle a costly wave of decommissioning projects that is on the horizon.

CNOOC Ltd seeks review of NYSE delisting decision

Chinese state-run offshore developer CNOOC Ltd has requested a review of the New York Stock Exchange’s (NYSE) decision to delist the company’s American depositary shares (ADS).

Tokyo Gas launches new high-pressure gas pipeline

Japanese utility Tokyo Gas has brought a new high-pressure natural gas pipeline online that connects the Ibaraki Prefecture cities of Hitachi and Kamisu.

NZOG relinquishes last New Zealand exploration asset

Independent developer New Zealand Oil & Gas (NZOG) intends to relinquish the last of its exploration assets in the Australasian country, underscoring the precarious future of New Zealand’s upstream.

India’s LPG penetration approaches 100%

India has extended liquid petroleum gas (LPG) access to almost all of its 1.37bn citizens, state-owned Indian Oil Corp. (IOC) announced this week.