AsianOil - Asia Oil & Gas
China looks to power more oil and gas operations with renewables
China plans to use renewable energy to power enhanced oil and gas recovery operations at its fields, the country’s National Energy Administration (NEA) reported this week.
Russia fails to clinch new gas supply deal during Putin-Xi talks in Moscow
Chinese President Xi Jinping has made his first trip to Moscow since war broke out in Ukraine. But among the raft of economic agreements that were signed, Russia’s hoped-for contract to supply gas via a new pipeline to China was not among them.
OPEC outlook on China pushed higher, oil bounces back
The Vienna-based Organization of the Petroleum Exporting Countries (OPEC) last week increased its 2023 forecast on demand for oil in Chinese and Chinese territorial markets.
Xi, Putin meeting: “Loud thunder but few raindrops”
Chinese President Xi Jinping took his leave of Russian President Vladimir Putin from a two-day visit to Moscow with a smile on his face. But despite the important show of solidarity, Putin got little in concrete terms from the Chinese leader.
Putin says Russia ready to increase oil and gas supplies to China
Russian President Vladimir Putin has said that Russia is ready to increase oil supplies to China, its key energy partner, following a meeting with Chinese President Xi Jinping in Moscow on March 20-21.
India looks for LNG cargoes to open new East Coast terminal
Indian Oil Corporation (IOC), the state-run entity behind the initiation and construction of the nation’s only East Coast LNG terminal, is looking for eight LNG cargoes to help kick-start operations at the Dharmra site in the state of Odisha.
Pakistan waits for Russian crude, US reminds of price cap
Pakistan is awaiting its first shipment of discounted Russian crude oil in early April. Islamabad has negotiated with Moscow for several months, hoping to secure a deal that will allow some alleviation of the country’s foreign currency crisis.
Russia becomes China’s top oil supplier in 2M23
Russia overtook Saudi Arabia to become China's top crude oil supplier in the first two months of 2023, Reuters reported citing Chinese government customs data and attributing the growth to buyers snapping up sanctioned Russian oil at steep discounts.
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