AsianOil - Asia Oil & Gas

Senex signs gas sales agreement with Opal

Australian independent Senex Energy has signed a gas sales agreement with local packaging and paper manufacturer Opal for up to 12 PJ of gas over a six-year window.

CNOOC launches CCS project in South China Sea

State-owned China National Offshore Oil Corp. (CNOOC) has launched an offshore carbon capture and storage (CCS) project in South China Sea, the first of its kind in the country.

Petronas awards two marginal field contracts

Malaysia’s state-owned Petronas has awarded two marginal field contracts to Rex International Holding and Duta Marine for the offshore Rhu-Ara and Diwangsa clusters.

Shell takes FID on Malaysian gas field

Royal Dutch Shell has reached a final investment decision on the Timi natural gas field offshore Malaysia, the super-major said this week.

ONGC’s deepwater dive delivers

The state major has announced first gas production from the deepwater KG-D5 block

Inpex seals two carbon-neutral gas supply deals

Japanese oil and gas developer Inpex has announced two new carbon-neutral natural gas supply agreements with Shizuoka Gas and Iruma Gas.

Sinopec to invest in hydrogen to meet carbon neutral targets

China's Sinopec aims to spend CNY30bn ($4.6bn) on hydrogen by 2025 as the state company moves towards producing natural gas and hydrogen instead of oil as part of becoming carbon-neutral by 2050.

AsiaElec: South Korea’s oil and gas funding calls green commitments into question

South Korea provided $127bn in support for overseas oil and gas projects between 2011 and 2020 as government-backed development finance institutions (DFIs) continued to support fossil fuels as the government talked up green energy.

ADNOC awards concession to PPL-led consortium

AsianOil: Pertamina wins regulatory approval for Gajah Besar development

Indonesia’s state-owned Pertamina has secured regulatory approval for its plan of development (PoD) for the Gajah Besar natural gas and condensate field onshore South Sumatra.

Indonesia’s oil, gas output in July misses target again

Indonesia’s oil and gas production in July remained below the government’s 2021 production target of 1.71mn barrels of oil equivalent per day, Indonesian Energy Minister Arifin Tasrif said this week.

India’s crude production slides in July

India’s crude production continued to slide in July even as natural gas production rebounded on the back of new fields being brough onstream.