AsianOil - Asia Oil & Gas
Malaysia, Singapore to invest in Indian green ammonia project
Malaysia’s Petronas and Singapore’s sovereign wealth fund GIC are planning to invest millions of dollars in a green ammonia project being put together by Greenko, a major renewable energy group in India.
Pakistan oil marketing companies’ sales jump 19% in October
According to a note by Topline Research based on the latest industry data, the monthly increase in volumetric fuel sales in Pakistan can be attributed to several factors
Russia's struggling shipbuilding industry seeks Chinese partnership
The struggles of Russia's shipbuilding industry have been no secret as it grapples with a series of challenges, including the impact of sanctions cutting off foreign components and expertise, workforce limitations and delays in project deliveries
Bangladesh signs long-term LNG supply deal with Excelerate Energy
Bangladesh’s state-owned Petrobangla has agreed to a long-term LNG supply deal with US company Excelerate Energy.
Indonesia sees dozens of uncommitted LNG cargoes in 2026
Indonesia is ramping up efforts to find purchasers for its LNG after an energy ministry official revealed that the country sees almost 70 uncommitted cargoes of LNG in 2026.
PetroChina reports 21% net profit growth in 3Q
Asia’s largest oil and gas producer, PetroChina, has reported a 21% year-on-year increase in net profit for the third quarter of 2023, reaching a record high.
China implements minimum size requirement for new oil refineries while capping total capacity
In a bid to control its total capacity at 1bn tonnes by 2025, China's state planner has announced the establishment of a minimum size requirement for new oil refineries
Oil prices up in India after US Fed keeps rates unchanged
Indonesia's gas reserves create opportunities for infrastructure expansion
In the last decade, Indonesia has discovered a significant gas reserve exceeding its oil reserves. This abundance makes infrastructure development essential for monetising these gas reserves
BP’s expanded Indonesian Tangguh LNG facility ships first cargo
BP’s Tangguh LNG plant has delivered the first cargo of LNG produced from the facility’s new third liquefaction unit the company announced on October 20.
China seeks faster progress on Russian gas pipeline project
In a statement issued by the Chinese government, Xi said he wanted to see “substantial progress” on the pipeline, which would run from the Arctic Yamal Peninsula through Mongolia to China.
Iran's daily oil sales to China soar beyond 1.8mn bpd
Iran’s crude exports to China have hit a record high in five years, skyrocketing to more than 1.8mn barrels per day in October, showed data from Brussels-headquartered analytics group Kpler.
Vietnam’s largest LNG terminal, Thi Vai, begins operations: a milestone for clean energy in the country
The Thi Vai liquefied natural gas terminal, a colossal 1mn-tonne project, has commenced its operations in the southern province of Ba Ria - Vung Tau, marking a substantial leap in Vietnam's energy landscape
Sinopec expands oil service business in Thailand in partnership with Susco group: first station inaugurated
Sinopec SUSCO Co., Ltd., a joint venture between Susco Co., Ltd. and Sinopec Limited, both of which are part of the Sinopec Group, has introduced the first Sinopec SUSCO oil service station on Ratchada Road under the brand SINOPEC SUSCO
Beijing announces debut of digital renminbi-yuan in international oil transaction
PetroChina has for the first time successfully conducted a significant crude oil transaction involving 1mn barrels of oil using the digital renminbi – more commonly called the yuan.
No public sector financing in Adani Group built LNG facility in Odisha: Report
Adani Group has constructed an LNG import facility in Dhamra, Odisha, entirely through the financial support of its promoters, with no financial commitments or guarantees from public sector giants such as IOC and GAIL
Hibiscus Petroleum readies for dual-well exploration campaign offshore Sabah, East Malaysia
Hibiscus Petroleum, the Malaysian upstream independent, is gearing up for an upcoming exploration campaign consisting of two wells on its Sabah offshore acreage in East Malaysia
China pushes on with de-dollarisation
Sanctions impede Iran's SCO expansion plans, says former ambassador to China
In a recent assessment, Hossein Malaek, Iran's former ambassador to China, highlighted the primary hurdle in Iran's efforts to bolster its ties with member states of the Shanghai Cooperation Organization (SCO).
ADNOC Gas signs LNG supply deal with JERA
The gas arm of Abu Dhabi National Oil Co. (ADNOC) this week signed an LNG supply agreement with the trading subsidiary of Japan’s largest power generation firm.
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