AsianOil - Asia Oil & Gas

CNPC targets long-term shift to cleaner energies

State-owned China National Petroleum Corp. (CNPC) has said that it will target clean energies making up half its output by 2050 as the country works towards achieving carbon neutrality by 2060.

SK E&S, Beijing Gas Group sign LNG, blue hydrogen agreement

South Korea’s SK E&S and China’s Beijing Gas Group have agreed to collaborate on LNG and blue hydrogen. The two companies signed a joint co-operation agreement at the World Gas Conference in late May.

Petronas’ first-quarter profit up 154% year on year

Malaysia’s Petronas reported this week that its net profit for the first quarter of 2022 had come in at MYR23.4bn ($5.3bn), up 154% on net profit of MYR9.2bn ($2.1bn) a year ago.

Prime Infra to take control of Malampaya gas project

Prime Infra is buying a controlling stake in the Malampaya gas field in the South China Sea, bolstering the field's prospects to have its life extended

Woodside, BHP Petroleum complete merger

Woodside Energy has completed its merger with BHP Petroleum International, the oil and gas business of mining giant BHP.

Shell takes FID on Crux project offshore Australia

Shell Australia announced on May 30 that it had taken a final investment decision on the Crux natural gas project offshore Western Australia.

OPEC+ speeds up production uptick amid Russia concerns

China hiring more tankers to transport Russian crude

AsianOil: Shell takes FID on Crux project offshore Australia

Shell Australia has taken a final investment decision on the Crux natural gas project offshore Western Australia.

India's GAIL considers buying Russian assets, oil imports surge

Sri Lanka turns to Russia to ease energy crisis

Western Gas spuds Sasanof-1 well

Australia’s Western Gas said on May 27 that it had spudded the Sasanof-1 exploration well on the country’s North West Shelf.