AsianOil - Asia Oil & Gas

Trafigura to supply Philippines with LNG cargo

Philippines’ power generation company First Gen Corporation (FGEN) has awarded its second LNG cargo tender to Swiss trader Trafigura. The cargo is to be delivered to a floating storage and regasification unit (FSRU), the BW Batangas.

Australia’s energy giant Santos stands up to anti-energy activist law firm

Leading Australian energy firm Santos has been forced to halt its Barossa gas project due to a lawsuit filed by the Environmental Defenders Office, an activist law firm

Japan asks LNG buyers to secure long-term deals to strengthen energy security

The Japanese government is requesting that LNG importers make efforts to secure decades-long supply deals amid growing concerns in the country over energy security.

Indonesia's Chandra Asri Petrochemical plans nearly $1bn investment

Suryandi, the Director of Human Resources & Corporate Affairs at PT Chandra Asri Petrochemical Tbk (TPIA), has announced the company's intentions to construct a chlor alkali and ethylene dichloride plant

Indonesia's Special Task Force for Upstream Oil and Gas Business Activities unveils advancements in Papua's Warim Basin exploration

The Special Task Force for Upstream Oil and Gas Business Activities has revealed the latest progress in the development of the Warim Block in Papua.

President Joko Widodo inaugurates Tangguh Train 3 LNG project in Papua

President Joko Widodo has officially inaugurated the Tangguh Train 3 LNG project, operated by British Petroleum.

High prices to lead to challenges for imports of LNG in Vietnam

Vietnam is contemplating the increased development of LNG as one of the means to transition to low-emission energy sources.

India's gas consumption jumps in September due to rising electricity demand

India’s gas consumption saw its ninth consecutive month of growth in September, according to data released by the Gas Exporting Countries Forum (GECF) in its monthly November report.

Santos forecasts fall in output for 2024 amid end of LNG field life

Australian energy company Santos forecasts a drop in output for 2024 on the back its Bayu-Undan LNG field’s life coming to an end.

CNG prices hiked in Delhi-NCR from November 23

Indraprastha Gas Ltd has implemented a price hike of $0.012 per kg for compressed natural gas in Delhi, Noida, Greater Noida and Ghaziabad, effective from November 23

Russian LNG exports to China soar

Russian LNG exports to China from January to October have climbed to 6.9mn tonnes, a rise of almost 40% on the same period last year, according to data from China’s General Administration of Customs.

Thailand oil traders grapple as petrol market value surges

The escalating market value of petrol, now exceeding THB4 (approximately $0.11) per litre, has become a focal point of concern

Russia considers tax exemptions for joint oil venture with Vietnam

In a move aimed at fostering collaboration in the energy sector, Russia is contemplating providing tax exemptions to the joint Russian-Vietnamese oil company, Rusvietpetro

China goes deeper than ever before with new Sinopec well

In a rare oil or gas-related story from the remote north-west of China, Sinopec, the country's petrochemical giant, has achieved a major milestone by completing a 9,432-metre-deep oil and gas well.

Singapore eyes a second LNG terminal by 2030

In a bid to help bolster its energy security, Singapore is set to establish a second LNG terminal by the close of the decade.

Shell expands offshore exploration in Malaysia with focus on new fields

UK supermajor Shell is intensifying its exploration efforts in the offshore regions of Malaysia

AsianOil: Pertamina strikes CCS deals with US majors

Pakistan floats LNG tender to meet winter demand

Pakistan LNG Limited has issued a tender with a four-day notice, inviting bids for a standard LNG cargo with targeted delivery on Jan 8-9

Japex, JGC Holdings and Kawasaki Kisen Kaisha partner with Petronas CCS Ventures for offshore CCS project

Japan Petroleum Exploration, JGC Holdings Corporation and Kawasaki Kisen Kaisha have agreed and signed a key participation agreement with Petronas CCS Ventures.

Pakistan, Iran to resume talks over stalled gas pipeline

Pakistan and Iran will resume discussions in the forthcoming weeks to revive a troubled gas pipeline project, amid a looming deadline that could cost Islamabad billions of dollars in penalties.

Russia diversifies crude oil buyers with first-ever shipment to Brunei amidst sanctions

Russia has ventured into new markets by shipping its inaugural Urals crude oil cargo to Brunei

Indonesia's upward trend in domestic component levels in the oil and gas upstream sector

Indonesia's Special Task Force for the Upstream Oil and Gas Business Activities has reported that the domestic component level in the upstream oil and gas industry has reached 61.8%