AsianOil - Asia Oil & Gas

ADNOC, AG&P sign FSU agreement for Philippines LNG project

A unit of Abu Dhabi National Oil Company has signed a charter agreement with Singapore-based Atlantic Gulf & Pacific International Holdings for the conversion of the former’s Ish LNG carrier and its use as a floating storage unit.

Bangladesh to buy spot LNG cargo from Vitol

State-owned Bangladeshi firm Petrobangla is reportedly set to award a contract to commodity trader Vitol for a spot LNG cargo to be delivered in March.

Shell, PipeChina sign terminal use agreement

Subsidiaries of Shell and China Oil & Gas Piping Network – known as PipeChina – have signed a memorandum of co-operation (MoC) and two terminal use agreements.

Cue reports on progress in Indonesia

Cue Energy said in its results for the first half of the fiscal year, which runs from July 1 to June 30, that a final investment decision on the Paus Biru gas development offshore Indonesia was on track for 2022.

Mongolia tiptoes around Russian aggression toward Ukraine

Mongolian officials unlikely to state opposition to Ukraine invasion, given Kremlin's stranglehold on gasoline provision. Mongolia imports 98% of automobile fuel from Russia.

P’nyang partners sign gas agreement with PNG government

The partners in the P’nyang gas project have signed an agreement with the government of Papua New Guinea over the field’s proposed development.

CNOOC strikes $13bn of deals in bid to avert energy crunch

Energy companies exit Myanmar on humanitarian grounds, EU levels more sanctions

Aramco keen on Chinese investment amid refinery reports

Shell warns that LNG market will remain tight in 2022

Japan firms test ammonia for power, petrochemical decarbonisation

AsianOil: P’nyang partners sign gas agreement with PNG government

The partners in the proposed P’nyang development have signed a deal with the government of Papua New Guinea (PNG) over the proposed development of the field.

Marubeni, Pertamina sign MoU on Indonesian decarbonisation projects

Japan’s Marubeni has signed a memorandum of understanding (MoU) with Indonesia’s Pertamina. Under the non-binding agreement, the two companies have agreed to collaborate on the development of decarbonisation projects in Indonesia.

Australian oil and gas firms post profits

Several of Australia’s oil and gas producers have reported improved profits, buoyed by rising commodity prices

ConocoPhillips completes purchase of additional APLNG stake

ConocoPhillips announced on February 17 that its Australian subsidiary had completed its $1.645bn purchase of an additional 10% stake in the Australia Pacific LNG (APLNG) project from Origin Energy.

Strike makes South Erregulla gas discovery

Australia’s Strike Energy announced this week that it had made a conventional gas discovery with the South Erregulla-1 (SE-1) appraisal well in Western Australia’s Perth Basin.