AsianOil - Asia Oil & Gas
Indonesia once more misses oil and gas output targets
Indonesia missed its target for oil and gas production in the first half of this year, the upstream regulator SKK Migas reported this week, citing unplanned shutdowns and new project delays.
Philippines' high court rejects JMSU deal with China, Vietnam
The Philippines Supreme Court has rejected a 2005 trilateral agreement with China and Vietnam aimed at easing South China Sea tensions and enabling joint oil and gas development in the contested waters as unconstitutional.
Australia's Santos presses on with key projects
Australian gas producer Santos confirmed this week that its Barossa gas condensate project, which includes the Darwin Pipeline Duplication (DPD) scheme, is now 60% complete.
Woodside suffers "extremely difficult" Q2 but project progress continues
Woodside Energy suffered what it said was an “extremely difficult” quarter in the three months ending June 30, the company said this week, with both revenues and production down, and an employee death.
China seen importing more Brazilian crude in Q3 2023
Sinopec and other major Chinese refinery operators are on track to increase their imports of Brazilian crude oil by more than 35% in Q3 2023.
Zarubezhneft eyes divestment off Indonesia
Russian state oil firm Zarubezhneft intends to divest its interest in the Indonesian Tuna gas project after its UK partner Harbour Energy said Western sanctions were complicating their joint activities.
Japan vows to create LNG reserve system
Japan will develop an LNG reserve system in 2023 in order to secure gas resources in the case of “unexpected situations”, Industry Minister Yasutoshi Nishimura said during the LNG Producer-Consumer Conference in Tokyo.
PetroVietnam and AES receive approval for Son My Terminal
US energy company AES and state-owned oil and gas firm PetroVietnam have been granted approval from Binh Thuan Province in the country’s southern region to proceed with construction of the Son My LNG Terminal.
Indian Oil signs long-term LNG import deals with ADNOC and TotalEnergies
India’s largest refiner Indian Oil Corp reached agreement on two long-term LNG import deals last week during Prime Minister Narendra Modi’s visits to France and the United Arab Emirates (UAE), Reuters reported on July 17.
Hong Kong offshore LNG terminal commences operation
Hong Kong’s new offshore LNG terminal has begun operations after receiving its first shipment of 139,000 cubic metres of the super-chilled fuel Offshore Energy reported on July 17.
Follow us online