AsianOil - Asia Oil & Gas
Japan’s January oil imports highlight dominance of GCC nations
While Japan is heavily reliant on the Middle Eastern for crude oil imports, many were surprised to see that almost 95% of all crude oil imports ordered by Tokyo in January arrived from Arab nations.
TotalEnergies pushes on with Papua LNG FEED
TotalEnergies has announced that it will develop the Papua LNG project using four electrical trains, while moving ahead with front-end engineering and design to sell down a stake in the project to JX Nippon.
Malaysian MP moots Petronas IPO
An MP from Subang has recently proposed the idea of a Petronas initial public offering, which could potentially raise a significant amount of capital to pay down government debt and invest in business expansion.
ONGC, TotalEnergies sign offshore deal
India’s state-owned Oil and Natural Gas Corp. (ONGC) has signed a memorandum of understanding with France’s TotalEnergies for the exploration of deepwater blocks off the Indian coast.
Korean shipping giant wins large-scale LNG carrier contract
It was revealed earlier in the month that South Korean shipping giant Korea Shipbuilding & Offshore Engineering (KSOE) had been awarded a large-scale shipbuilding contract by an as yet anonymous US ship owner-operator for a trio of LNG carriers.
Papua LNG project moves ahead to next stage
The Papua LNG project, Papua New Guinea’s second gas project moved ahead to its next stage with a fully integrated front-end engineering and design launched on March 7 by its joint venture partners Santos, TotalEnergies and ExxonMobil.
Australian LNG terminals export less in February as fears grow over short-term market intervention
2022 marked a banner year for LNG exports for Australia as the global leader shipped 10.7bn cubic feet per day of the super-chilled fuel, surpassing the US, which exported 10.6 bcf per day and Qatar, which sent 10.5 bcf per day abroad last year.
Aramco signs $6bn deal to support Korean firms in-Kingdom
Saudi Aramco has agreed a $6bn framework deal with the Export-Import Bank of Korea to assist South Korean companies in securing Saudi contracts. The three-year agreement was signed by Eximbank's head Yoon Hee-Sung and Aramco CFO Ziad Al-Murshed.
Gazprom unveils $3bn East Siberian LNG project
Gazprom plans to develop a $3bn mid-sized LNG export terminal in Eastern Siberia, as Russia scrambles to expand its liquefaction capacity following the loss of most of its European gas market share.
Japan pledges financial, tech support for ASEAN decarbonisation
Japan has pledged financial and technical support to other ASEAN nations as the region begins to shift away from fossil fuels and transition to cleaner energies.
Global energy sector emissions reach new high in 2022
Global energy-related CO2 emissions reached a new record in 2022 of 36.8bn tonnes, inching up 0.9% from the previous year’s level, the International Energy Agency reported last week.
Follow us online