AsianOil - Asia Oil & Gas
Australian decomm levy frustrates upstream
Sinopec incentivises VLSFO production
China’s state-run Sinopec Corp. is reportedly offering to incentivise production of very low sulphur fuel oil (VLSFO) among its refineries.
Japan to help develop Philippine SPR programme
The Philippines has reached a preliminary agreement with Japan to develop a strategic petroleum reserve (SPR) to help insulate the Southeast Asian nation from future oil shocks.
ADB mulls end to upstream funding
The Asian Development Bank (ADB) has announced plans to phase out funding for upstream projects while also introducing conditions on fossil fuel investments in general.
Petronas adopts AECO price index for spot LNG sale
Malaysia’s state-owned Petronas has sold its first spot shipment of liquefied natural gas (LNG) using the Canada Alberta Energy Company (AECO) price index.
Pakistani pipeline polemic
India’s state refiners curb runs
India’s state-run oil refiners have reportedly trimmed their runs in response to falling demand in the wake of the country’s second wave of coronavirus (COVID-19) infections.
AsianOil: Comet wins CBM block in Queensland
Australian independent Comet Ridge has been awarded a new coal-bed methane (CBM) exploration block by the Queensland State government.
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