AsianOil - Asia Oil & Gas

China in March ‘set to receive another large influx of disguised Iranian oil’

Iran signs 25-year pact with China

LNG becomes global shipping fuel

AsianOil: India continues to rail against oil supply cuts

The Indian government maintained its pressure on OPEC+ and Saudi Arabia this past week, pushing for an easing in production cuts in order to lower international oil prices.

QP makes more LNG moves

Qatar Petroleum continues to make new moves related to its LNG business, including striking a new long-term supply deal with China’s Sinopec.

APPEA calls for budget reforms

Australia’s leading upstream industry body has called on the government to adopt several budgetary reforms to encourage oil and gas investment.

PetroChina profits tumbled 58% in 2020

State-run PetroChina has posted a 58% year-on-year decline in its 2020 net profit to CNY19bn ($2.9bn) on the back of tumbling international oil and gas prices.

SKK Migas: 15% of Indonesia’s offshore facilities stand idle

Indonesia’s upstream regulator SKK Migas has revealed that more than 15% of the country’s offshore oil and gas facilities are standing idle.

Petronas delivers first cargo from PFLNG DUA

Malaysia’s state-owned Petronas has delivered its first cargo of liquefied natural gas (LNG) from the Petronas Floating LNG DUA (PFLNG DUA) facility.

China’s green ambitions attract Aramco

Saudi Arabia is positioning itself as China’s energy partner of the future, building relationships that it hopes will create growth opportunities even as Chinese oil demand peaks.

India pursues import diversity strategy

The Indian government has said African oil and gas producers could play a key role in helping the South Asian country diversify its hydrocarbon supplies.