AsianOil - Asia Oil & Gas

Sapura saga continues to unfold

Malaysia’s debt-ridden Sapura Energy continues to explore ways to avoid bankruptcy after state-owned Petronas denied reports that it could buy a significant stake in the services firm.

Chinese buyers turn to next wave of US LNG projects for supply deals

New supply deals have been struck in recent days between Chinese buyers and developers of yet-to-be-built US LNG export terminals.

Australia said to pay AUD11.6bn for fossil fuel subsidies in 2021-22

India picks up cheap Russian oil

Japan’s leading refiners snub Russian crude

Sinopec plans biggest capex budget in its history

China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.

Japan to support Kuwait’s oil capacity push

OPEC+ kicks off meeting with focus on supplies

AsianOil: Sinopec plans biggest capex budget in history

China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.

Petronas signs new offshore exploration PSCs, Shell kicks off new Gumusut-Kakap phase

Malaysia’s Petronas announced on March 23 that it had signed several new production-sharing contracts covering offshore exploration blocks that had been awarded during the Malaysia Bid Round (MBR) 2021.

ONGC commissions water injection platform at Mumbai High

India’s Oil and Natural Gas Corp. (ONGC) has commissioned a new water injection platform at its Mumbai High project off the country’s west coast.