AsianOil - Asia Oil & Gas

26 November 2021

India’s oil output slumps in October as gas soars

25 November 2021

India’s crude oil and natural gas production continued to diverge in October, with the former continuing its years-long decline even as new fields revitalise gas output.

Pakistan’s fuel stations strike in price control protest

25 November 2021

Pakistan’s fuel stations have gone on strike in protest at government price controls they claim have left them with unsustainably thin margins.

LNG trade booms ahead of winter

25 November 2021

The global LNG trade is booming ahead of the Northern Hemisphere winter, with Asia’s leading buyers ramping up deliveries, in competition with Europe.

US confirms co-ordinated SPR release

24 November 2021

The US has teamed up with China, India, South Korea, Japan and the UK to co-ordinate releases from their strategic petroleum reserves.

AsianOil: Woodside takes FIDs on Scarborough and Pluto LNG 2

23 November 2021

Australia’s largest oil and gas producer Woodside has reached final investment decisions for both the Scarborough gas field development as well as the expansion of the Pluto liquefied natural gas facility.

Chevron shuts Gorgon Train 1 following minor leak

19 November 2021

Chevron shut Train 1 at its giant Gorgon LNG plant in Western Australia following the discovery of a minor gas leak during a routine inspection this week.

Australia unveils next round of basin funding

19 November 2021

The Australian government has unveiled the next two basins to receive exploration funding and support as part of the “gas-fired recovery” economic strategy.

US seeks Asian allies for SPR strategy

19 November 2021

The US wants to co-ordinate with major Asian crude buyers to oversee the release of strategic reserves in order to bring prices down.

Indonesia unveils three-pronged upstream strategy

19 November 2021

Indonesian upstream regulator SKK Migas has unveiled its three-pronged upstream strategy to boost national oil and gas production in line with the government’s 2030 target.