AsianOil - Asia Oil & Gas

Korea Eximbank rethinks funding for Santos Barossa gas project

India hikes price for locally produced gas

China’s GDG in long-term supply deal with MPL’s Puerto Libertad LNG terminal

China’s Guangzhou Development Group (GDG) has signed a long-term supply agreement for LNG from an export terminal that Houston-based MPL plans to build at Puerto Libertad in Mexico’s Sonora State.

Jade signs MoU with Mongolia's UB Metan

Concept of shipping Turkmen gas piped to Iran's Chabahar port has its fans in India

Pakistan, Saudi Arabia co-operate on advancing infrastructure

Santos’ Dorado moves a step closer to FID

The Dorado project, which is being developed by Santos and Carnarvon Energy offshore Western Australia, has taken what has been described as a significant step towards a final investment decision.

AsianOil: Santos’ Dorado moves a step closer to FID

The Dorado project, which is being developed by Santos and Carnarvon Energy offshore Western Australia, has taken what has been described as a significant step towards a final investment decision (FID).

Rich countries must cut oil and gas output 74% to ensure fair transition

Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.

China said to eye cheap Russian LNG

Russia and India are setting up direct oil payment channel

Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.

Petrofac wins contract for first phase of Northern Endeavour FPSO decommissioning

Service provider Petrofac announced on April 1 that it had been awarded a “major” decommissioning contract by the Australian government for the Northern Endeavour FPSO.

ONGC advances exploration plans, moves to commercialise Vindhyan Basin

India’s state-owned Oil and Natural Gas Corp. (ONGC) is advancing plans for new offshore exploration.

PTTEP unveils net-zero goal

Thailand’s state-owned PTT Exploration and Production (PTTEP) has joined the ranks of oil and gas companies to adopt a long-term goal of net zero greenhouse gas (GHG) emissions.