AsianOil - Asia Oil & Gas

20 March 2022

Indian fertiliser industry vulnerable to high gas prices

17 March 2022

India’s heavy reliance on imported LNG for use in fertiliser production is exposing the country’s exposure to volatile gas prices, raising the government’s subsidy bill, and it could push up food prices.

China resells US LNG cargoes to Europe

16 March 2022

China is reported to have resold a handful of US LNG cargoes to Europe as price trends and Russia’s war in Ukraine continue to reroute trade flows.

AsianOil: South Korea approves oil release to take pressure off refiners

15 March 2022

The South Korean government last week gave the green light to release more than 4mn barrels of oil from the country's Strategic Petroleum Reserve (SPR).

Australia accelerates CCS plans

13 March 2022

Carbon capture and storage initiatives are picking up pace in Australia, with the state government of Western Australia saying it would draft a bill covering use of the technology.

OceanMight wins contract for Malaysia’s offshore Jerun gas field

13 March 2022

Malaysia’s OceanMight has been awarded a contract to provide equipment and services at the Jerun oilfield in the SK408 block offshore Sarawak by Malaysia Marine & Heavy Engineering (MMHE).

Sri Lanka’s Supreme Court dismisses legal challenge against LNG-to-power project

13 March 2022

Sri Lanka’s Supreme Court on March 4 dismissed a legal challenge against a proposed LNG-to-power project that is being developed by New Fortress Energy.