AsianOil - Asia Oil & Gas

ONGC may exit Tamil Nadu oil project after local protests

India’s state-run Oil and Natural Gas Corp. (ONGC) is reportedly preparing to relinquish land it was developing in the country’s southern state of Tamil Nadu after continued opposition from local residents.

Cairn India pledges to boost oil, gas production

Cairn India, the upstream arm of Vedanta, has pledged to produce half of the South Asian giant’s oil and gas within the next three years.

Tokyo Gas, PTT partner on Thai LNG supply business

Japanese utility Tokyo Gas has formed a new joint venture with state-owned Thai major PTT to deliver on-site energy business solutions to customers in the Southeast Asian country.

Chevron funds Australian university’s CCS research

US super-major Chevron has provided financial support for an Australian university’s ongoing research into carbon capture and storage (CCS).

Reliance launches UAE fuel trading subsidiary

Repsol raises green targets in bid to reach net-zero goal by 2050

Spain’s Repsol now aims to reach 6 GW of renewables capacity by 2025 and 20 GW by 2030 as the first steps in becoming a net-zero emissions company by 2050.

Australia's Jade Gas to start fieldwork on Mongolian coal bed methane project

QP strengthens Asian ties with pair of Chinese deals

OPEC+ maintains production policy

AsianOil: India raises gas prices

The Indian government has increased natural gas prices for the majority of the country’s production by 62% for the next six months.

LNG prices hit new record highs

LNG spot prices in Asia rose to a new record high on September 30 as high demand and low supply trends persist.

GECF says crisis vindicates use of long-term gas contracts, oil-indexed pricing

Australia funds CCUS development

The Australian government has committed AUD250mn ($180.9mn) to speed up the development of commercial-scale carbon capture, use and storage (CCUS) projects and hubs across Australia.