AsianOil - Asia Oil & Gas

28 March 2022

Santos announces Pavo discovery off Australia

27 March 2022

Santos announced a “significant” oil discovery with the Pavo-1 well offshore Western Australia, boosting the prospects for its nearby Dorado development and further exploration in the region.

McDermott announces delivery of U-Field for ONGC’s KG-DWN 98/2 Block

27 March 2022

McDermott International announced on March 23 that it had navigated challenges, including the coronavirus (COVID-19) pandemic and an active monsoon season, to deliver the U-Field gas project offshore India.

China’s Sinopec reportedly suspending Russian project talks

27 March 2022

China’s state-controlled Sinopec Group has reportedly suspended talks on a petrochemical investment and gas marketing venture in Russia.

NextDecade, Guangdong Energy sign HoA for LNG supply

27 March 2022

US-based NextDecade announced on March 24 that it had signed a binding heads of agreement (HoA) with China’s Guangdong Energy for the supply of LNG from a planned facility on the US Gulf Coast.

Occidental signs deal to sell net-zero oil to South Korean refiner

24 March 2022

Occidental Petroleum announced this week that it has reached a deal to sell what it described as net-zero oil to South Korea's SK Trading International.

BP, Petronas win offshore blocks in Indonesian auction

23 March 2022

Super-major BP and Malaysia’s Petronas both announced on March 18 that they had been awarded deepwater exploration blocks as part of the second round of Indonesia’s 2021 Oil and Gas Working Area (WK) Bid Round.

AsianOil: BP, Petronas win offshore blocks in Indonesian auction

23 March 2022

Super-major BP and Malaysia’s Petronas both announced on March 18 that they had been awarded deepwater exploration blocks as part of the second round of Indonesia’s 2021 Oil and Gas Working Area (WK) Bid Round.

Scramble to replace Russian gas endangers climate change targets

22 March 2022

Russia’s invasion of Ukraine has pushed the questions of decarbonisation and energy security up to the top of the political agenda as governments scramble to find alternatives to Russian oil and gas.

Malaysia’s Kimanis crude exports to fall in May on maintenance

20 March 2022

A preliminary loading schedule has shown that exports of Malaysia’s Kimanis crude are set to fall to six cargoes in May, from eight in April.

Sinopec keeps refinery operational rates fairly high

20 March 2022

China’s Sinopec is reportedly running its refineries at operational rates that it has described as fairly high, but there have been warnings that Chinese refiners could scale back exports.

Pakistan, Russia reportedly close to agreement on Pakistan Stream

20 March 2022

Pakistan and Russia are close to finalising a plan to build the Pakistan Stream pipeline, media reported this week.

ExxonMobil to expand Gippsland Basin gas production

20 March 2022

ExxonMobil announced on March 17 that it had taken a final investment decision on an expansion of gas production in Australia’s Gippsland Basin.