AsianOil - Asia Oil & Gas

BPMA confirms spudding of Rencong-1X well offshore Indonesia

Badan Pengelola Migas Aceh (BPMA), the upstream authority of Indonesia’s Aceh Province, confirmed on July 28 that Repsol had spudded the Rencong-1 well in waters off the province’s coast earlier that month.

Viva makes progress on infrastructure for Australian LNG import terminal

Viva Energy said on July 27 that it had entered into commercial agreements with GeelongPort for the provision and construction of pier and berthing infrastructure for its planned LNG import terminal at the Port of Geelong in Victoria, Australia.

Indian government gives BPCL green light to invest $1.6bn more in Brazilian deepwater project

The government of India has authorised Bharat Petroleum Corp. Ltd (BPCL) to invest another $1.6bn in BM-SEAL-11, a deepwater Brazilian oil block.

CNOOC reports commercial flows from offshore shale well

China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.

Indian government provides update on push to boost gas share in energy mix

The Indian government has provided an update on efforts to boost the share of natural gas in the country’s energy mix.

Sinopec, Ineos sign $7bn of downstream deals

China’s Sinopec and UK-based chemical and energy player Ineos have signed three petrochemical deals with a combined value of $7bn.

Pakistan’s energy crisis worsens economic crunch

Japan’s imports of Russian oil hit zero in June, South Korean imports down 78%

Cheniere signs LNG supply deal with Thailand’s PTT

US LNG producer Cheniere Energy announced this week that it had struck a deal to supply the super-chilled fuel to a unit of Thailand’s PTT.

Chinese imports of Russian LNG hit 2.35mn tonnes in first half of 2022