AsianOil - Asia Oil & Gas
Australia's future gas strategy needs to recognise value of LNG, industry says
Australian oil and gas producers have urged the government’s future gas strategy to stress the importance of LNG exports.
Australian East Coast to enjoy small gas supply in Q3
Australia’s east coast will likely enjoy a small surplus in gas supply in the third quarter of this year.
Australian gas firms need new strategy for declining market: IEEFA
A report recently released by the Institute for Energy Economics and Financial Analysis (IEEFA) warns Australian gas companies that a declining market will make it necessary for them to devise a new strategy in order to stay in business.
PetroChina to expand LNG fleet fourfold
State-owned China National Petroleum Corp. (CNPC) revealed ambitious plans to significantly ramp up its fleet of LNG vessels to position itself to take a larger slice of the pie in the global LNG resale market.
Crude oil prices remain in motion amid Middle East uncertainty
Fresh talks between Israel and Hamas at the start of the week prompted Brent and WTI prices to slip from higher prices during the previous week, but a lack of progress in the talks by mid-week and a pending new attack by Israel prompted concern.
Uganda confirms China’s commitment to EACOP completion
Indonesia’s Director General of Oil and Gas visits Tambun Collection station to monitor exploration activities
Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Tutuka Ariadji, along with his team, visited the Tambun Collection Station while monitoring the development of oil and gas exploration activities
Thai companies team up to develop sustainable aviation fuel
Bangkok Aviation Fuel Services Public Company Limited and Energy Absolute Public Company Limited announced a joint venture plan on April 4, 2024, to explore the production of sustainable aviation fuel
Fuel price surge looms over Pakistan amid global oil rate spike
In April 2024, Pakistan is poised to experience a notable increase in petrol and diesel prices, attributed to a surge in global oil rates and the government's intention to elevate levies on all petroleum oil lubricants
Pakistan to reverse gas price surge to safeguard industrial sector
The Federation of Pakistan Chambers of Commerce & Industry has sounded the alarm regarding the persistent rise in energy prices, cautioning that this trajectory could spell the closure of numerous industries, exacerbate unemployment, and more
Chevron exits Myanmar's Yadana gas project, PTTEP takes control
PTT Exploration and Production Public Company Limited announced today that Chevron subsidiary Unocal Myanmar Offshore Company Limited has completed its withdrawal from the Yadana natural gas project in Myanmar
Bangchak's subsidiary OKEA greenlights Brasse field development in Norway
Bangchak Corporation Public Company Limited's subsidiary, OKEA ASA, has made a final investment decision to develop the Brasse petroleum field in the Norwegian Sea
Vietnam unveils ambitious power plan: LNG, renewables & grid expansion
Vietnam has laid out a comprehensive roadmap for its power sector with Decision No. 262/QD-TTg. The plan prioritises a mix of imported liquefied natural gas, domestic gas, and renewable energy sources to achieve a total capacity of 56.3 GW by 2030
Pakistan to begin construction work on gas pipeline before Iranian president’s visit in April
Preparations are underway in Pakistan to break ground on a much-delayed pipeline to receive Iranian natural gas ahead of a possible visit by Iranian President Ebrahim Raisi to Islamabad this month.
DMEA: Aramco, ADNOC seek Indian oil storage deal
JSW Energy raises $50bn through QIP, securing investment from Abu Dhabi investment authority
JSW Energy Limited has accomplished a milestone by raising $50bn through a Qualified Institutions Placement, as confirmed in a regulatory filing on April 5,
Turkmenistan and Pakistan reaffirm commitment to TAPI gas pipeline project
Turkmenistan and Pakistan have reiterated their dedication to expediting the completion of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project
Indonesia’s Pertamina prioritises Balikpapan refinery development master plan completion
State-owned oil and gas company Pertamina is working towards the finalisation of the Balikpapan Refinery Development Master Plan focusing on its Turn Around Revamp program, which is slated for completion in early May 2024.
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