AsianOil - Asia Oil & Gas

Sinopec chases new opportunities in China’s expanding gas sector

The company has outlined an ambitious investment plan for the next five years as it seeks to pivot towards liquefied natural gas (LNG) imports.

Total resumes push towards FID for Papua LNG

France’s Total announced this week that following talks with the government of Papua New Guinea (PNG), it was remobilising project teams and other required resources to move the proposed Papua LNG project forward.

Philippine official lashes out at China

Philippine Foreign Secretary Teodoro Locsin has lashed out at China’s continued presence within waters the Southeast Asian country claims.

ACCC to approve Queensland LNG maintenance co-ordination

Australia’s competition watchdog has said it is inclined to approve plans by Queensland’s three liquefied natural gas (LNG) projects to extend their co-ordination of maintenance schedules as long as the process remains transparent.

Petronas picks Tanjung Offshore for well abandonment work

Malaysian service provider Tanjung Offshore Services has won a $12mn contract from state-owned Petronas for plug and abandonment integrated services for the shallow-water Pulai field.

SKK Migas sets Rokan well target

Indonesian upstream regulator SKK Migas has said drilling nearly 200 wells at the country’s second-largest oilfield this year will be crucial to achieving the government’s long-term production targets.

Indian TPPs seek easier access to ONGC’s gas

An industry body representing India’s power generators is lobbying the government to make it easier for certain natural gas-fired thermal power plants (TPPs) to bid for supplies of the fuel from a new deepwater field.

Petchems in view for Aramco

AGL formally scraps Crib Point LNG import project

Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project. The move is not a surprising one, as it comes around a month after the State of Victoria rejected the plan.

GLNG: AGL formally scraps Crib Point LNG import project

Australia’s AGL Energy said this week that it was stopping development of its proposed Crib Point LNG import project, arounnd a month after the State of Victoria rejected the plan on concerns over its environmental impact.

AsianOil: PetroChina posts best quarterly profit in seven years

State-run PetroChina has posted a first-quarter net profit of CNY27.72mn ($4.28bn), a return to the black after the previous year’s CNY16.23bn ($2.51bn) loss.