AsianOil - Asia Oil & Gas
Russia selling oil to India at a premium amid tight global markets
Russia is now reportedly selling oil to India at nearly $80 per barrel, around $20 per barrel above the current Western price cap, according to statements from traders and Reuters calculations.
Vietnam emerges as a major player in the global LNG market
Kazakhstan advances plans to expand oil pipeline network to export 200,000 barrels per day to China
Eni makes big find offshore Indonesia as latter improves licence terms
Italy’s Eni took a major step this week in helping Indonesia fulfil its wish to boost natural gas production when it announced the discovery of approximately 141 bcm at the Geng North-1 exploration well.
Pakistan's Cnergyico imports first private sector Russian crude cargo
Pakistan’s Cnergyico announced this week that it had imported a 100,000-tonne cargo of Urals crude from Russia, the first private-sector imports of sanctioned Russian oil into the country.
Russian oil exports to India surge in September
Russian oil exports to India rebounded significantly in September, registering a 15% increase from a seven-month low recorded in August.
Vietnam’s Thi Vai LNG facility ready for commercial operations
Vietnam has marked a key milestone in its push to develop its gas industry, with the country’s first LNG warehouse and terminal complex having completed a series of additional technical tests and now ready to commence commercial operations.
QatarEnergy signs $3.9bn deal with Hyundai Heavy Industries for 17 LNG carriers
QatarEnergy has sealed a large-scale deal worth QAR14.2bn ($3.9bn) with South Korea's shipbuilding heavyweight HD Hyundai Heavy Industries (HHI).
Eni, the Italian oil and gas company, discovers significant gas reserves in Kutai Basin, Indonesia
Italian oil and gas company Eni, which currently holds the operator rights for the Indonesian Deepwater Development (IDD) block, has discovered significant proven gas reserves in the Kutai Basin Working Area (WK).
Brunei Shell Petroleum seeking damages from Malaysian Sapura Energy subsidiaries over alleged breaches
Pakistan's Cnergyico imports first private-sector shipment of Russian crude amid discount opportunities
In a bid to alleviate its ongoing financial challenges, Pakistan's leading refiner, Cnergyico, has announced the successful importing of the country's inaugural private-sector consignment of Russian crude oil, DAWN reported October 2.
India’s MEIL announces $648mn Mongolia refinery contract
Hyderabad-based Megha Engineering and Infrastructures Ltd announced on September 29 that it has secured a contract worth $648mn in Mongolia. The agreement pertains to the third phase of the Mongol Refinery project, as confirmed by the company.
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